Benoit, MS Foreclosures
How much do homes sell for in Benoit, MS?
The average home price is currently $138,482.
What’s the average rental cost in Benoit, MS?
The average rental price in Benoit is $945.
What is the most expensive home in Benoit?
The most expensive home sold in Benoit had a price of $764,800.
What is currently the cheapest priced home in Benoit, MS?
The cheapest home for sale in Benoit is priced at $42,806.
Living in Benoit, MS
Benoit, MS, is a serene town nestled in the heart of the Mississippi Delta. With its picturesque landscapes and strong community ties, it offers a perfect environment for families and retirees looking for peace away from the city. The town is rich in outdoor recreational opportunities and essential facilities, making it a hidden gem for real estate investors.
Current Market Conditions in Benoit, MS
The current real estate market in Benoit is unique, characterized by affordable housing options that appeal to first-time buyers and investors alike. Property values have remained stable, and there is potential for appreciation as more people discover the charm of this rural town.
With a growing interest in rural living, Benoit stands to benefit from increased demand, particularly for single-family homes. Investors may find opportunities for both rental properties and flips, especially given the low entry prices in comparison to larger nearby cities.
Home Value Estimator For Benoit, MS
There are currently 271 real estate properties
in Benoit, MS,
with a median automated valuation model (AVM) price
of $106,556.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Benoit, MS, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Benoit, MS,
is $138,482.00, with the most expensive house
in Benoit, MS, topping out
at $764,800.00 and the cheapest home
in Benoit, MS,
clocking in at $42,806.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Benoit, MS!
Rent Prices
In Benoit, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Benoit, MS, is on
a rollercoaster ride. The
average rent price in Benoit, MS,
is $945.00. Indeed, when looking to rent in
Benoit, MS, you can expect to pay as little
as $580.00 or as much
as $1,940.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Benoit, MS
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.