Derma, MS Foreclosures
How much do homes sell for in Derma, MS?
The average home price is currently $79,611.
In Derma, MS, how many homes are available?
There are currently 47 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 $246,078.
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, MS, is a delightful small town known for its welcoming community and suburban feel. The area boasts quality education options, beautiful outdoor spaces, and a slow-paced lifestyle that appeals to families and individuals alike. With its rich history and inviting atmosphere, Derma offers a unique charm for potential homebuyers and investors.
Current Market Conditions in Derma, MS
The real estate market in Derma is stable, with home prices reflecting the town's affordability and charm. Current trends indicate a slow but steady appreciation in property values, driven by the demand for homes in serene, family-friendly communities. Investors looking to enter the market can find opportunities in both single-family homes and rental properties.
With an increase in remote work, more people are looking to relocate from urban areas in search of tranquility and lower living costs. This trend is boosting interest in the Derma housing market, resulting in a competitive environment for rental properties as more individuals and families seek out small-town living.
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 $70,177.00. 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 $79,611.00, with the most expensive house
in Derma, MS, topping out
at $246,078.00 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.
Learn more on Foreclosure homes
