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Preforeclosure 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 $82,561.
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 $291,817.
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 charming small town nestled in Calhoun County. With its friendly community atmosphere, beautiful landscapes, and local amenities, it offers a perfect blend of peaceful living and convenience. Residents enjoy easy access to nearby cities, making it an ideal location for families, retirees, and those seeking a tranquil lifestyle.

Current Market Conditions in Derma, MS

The real estate market in Derma, MS, currently reflects a stable environment with an increase in property values over the past year. The town's affordable housing options attract first-time homebuyers and families looking for more space. Despite its smaller size, the market is gaining attention as it provides good opportunities for investment and development as the town continues to grow.

Recent trends indicate a growing interest in rural living, particularly as more people seek homes away from bustling urban areas. This shift has led to increased demand for homes in Derma, keeping market conditions favorable for sellers while maintaining reasonable prices for buyers.

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 $74,767.00. 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 $82,561.00, with the most expensive house in Derma, MS, topping out at $291,817.00 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 Preforeclosure Homes


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