Derma, MS Foreclosures
How much do homes sell for in Derma, MS?
The average home price is currently $82,982.
In Derma, MS, how many homes are available?
There are currently 12 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 $284,989.
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 town that offers a serene lifestyle with a strong community spirit. Ideal for families, it features beautiful landscapes, local parks, and accessible amenities. Proximity to larger cities adds convenience while maintaining a charming rural atmosphere.
Current Market Conditions in Derma, MS
The real estate market in Derma is currently showing signs of stability, with home prices remaining affordable compared to state and national averages. There is a growing interest in the area, particularly among first-time homebuyers and those looking to escape urban environments.
Recent trends have indicated a slow but steady increase in property values, driven by a rise in demand for more spacious homes and properties with outdoor space. Many buyers are looking for homes that offer both comfort and access to nature, which Derma provides.
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 $75,749.00. 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 $82,982.00, with the most expensive house
in Derma, MS, topping out
at $284,989.00 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
