Derma, MS Foreclosures
Current Market Conditions in in Derma, MS As of March 2026?
Over the past month, the real estate market in Derma has shown signs of strengthening with an increase in home sales as buyers take advantage of current mortgage rates. The average home price has seen a slight uptick, indicating a growing interest in the area amidst a stable economy.
How much do homes sell for in Derma, MS?
The average home price is currently $80,155.
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 $274,579.
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 is a quaint town in Mississippi known for its close community and rural charm. Nestled amidst beautiful landscapes, residents enjoy a simple lifestyle with access to local amenities and outdoor activities. It's a place where neighbors know each other, making it perfect for families and retirees alike.
Buyer vs Seller Market in Derma, MS
The real estate market in Derma, MS, is relatively stable with moderate growth observed over the past year. Home prices have seen slight increases due to new families moving to the area, attracted by its affordability and quality of life.
Currently, the market is favorable for buyers, as inventory levels slightly exceed demand. However, the affordability of homes makes it an attractive location for first-time buyers or those looking to invest in rental properties.
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 $71,790.00. 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 $80,155.00, with the most expensive house
in Derma, MS, topping out
at $274,579.00 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.
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