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Foreclosure Homes in Derma, MS

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Derma, MS Foreclosures

How much do homes sell for in Derma, MS?
The average home price is currently $83,597.
In Derma, MS, how many homes are available?
There are currently 1 active home listings available in Derma.
What’s the average rental cost in Derma, MS?
The average rental price in Derma is $779.
What is the most expensive home in Derma?
The most expensive home sold in Derma had a price of $297,788.
What is currently the cheapest priced home in Derma, MS?
The cheapest home for sale in Derma is priced at $31,400.

Living in Derma, MS

Derma, Mississippi is a quaint small town that offers a tranquil lifestyle characterized by strong community ties. Its proximity to larger towns provides residents with convenient access to essential services while maintaining a peaceful environment perfect for families and retirees. Affordable housing and local amenities make it an attractive place to live.

Current Market Conditions in Derma, MS

Currently, the real estate market in Derma is described as stable, with a mix of affordable and mid-range home listings available. The demand for homes has been steady, with families moving to the area for its great community environment.

Trends indicate that more people are looking for homes in smaller towns like Derma, seeking affordability and quality of life over urban living. This consistent demand has kept home values reasonably stable, with moderate price growth over the past few years.

Home Value Estimator For Derma, MS

There are currently 149 real estate properties in Derma, MS, with a median automated valuation model (AVM) price of $76,050.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Derma, 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 Derma, MS, is $83,597.00, with the most expensive house in Derma, MS, topping out at $297,788.00 and the cheapest home in Derma, MS, clocking in at $31,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Derma, MS!

Rent Prices In Derma, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Derma, MS, is on a rollercoaster ride. The average rent price in Derma, MS, is $779.00. Indeed, when looking to rent in Derma, MS, you can expect to pay as little as $530.00 or as much as $1,280.00, with the average rent median estimated to be $750.00. The good news is that finding an affordable and desirable property to rent in Derma, 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.

Derma, MS Foreclosures


Market Trend for Derma, MS

Total Listings Available: 1

Market Values:

Home Prices from $31,400 to $297,788

Average Sales Price: $83,597

Rental Values:

Rental from $530 to $1,280

Average Rent Value: $779 / month

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