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Preforeclosure Homes in Cleveland, MS

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Living in Cleveland, MS

Cleveland, MS, is a vibrant community in the Mississippi Delta known for its rich cultural heritage and strong educational institutions. It offers a variety of local amenities, outdoor activities, and a welcoming environment for families and individuals. With convenient transportation options, Cleveland strikes a perfect balance between rural tranquility and access to urban conveniences.

Current Market Conditions in Cleveland, MS

The real estate market in Cleveland, MS, has shown a steady increase in demand, driven by both local and out-of-state buyers who are attracted to the area's affordable housing and quality of life. With a relatively low cost of living, investors can find opportunities in both rental properties and homes for resale.

Trends indicate an uptick in home renovations and improvements, as well as a growing interest in new construction in the area. This is coupled with a strong rental demand, making it an attractive destination for real estate investors seeking long-term value.

Home Value Estimator For Cleveland, MS

There are currently 5,743 real estate properties in Cleveland, MS, with a median automated valuation model (AVM) price of $126,251.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cleveland, 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 Cleveland, MS, is $157,851.00, with the most expensive house in Cleveland, MS, topping out at $3,680,177.00 and the cheapest home in Cleveland, MS, clocking in at $16,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Cleveland, MS!

Rent Prices In Cleveland, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cleveland, MS, is on a rollercoaster ride. The average rent price in Cleveland, MS, is $1,123.00. Indeed, when looking to rent in Cleveland, MS, you can expect to pay as little as $580.00 or as much as $2,100.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Cleveland, 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.

Cleveland, MS Preforeclosure Homes


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