Living in Drew, MS
Drew, MS, is a charming small town with a welcoming community vibe. Its combination of historical significance, local amenities, and outdoor activities makes it an appealing place for families and individuals alike. With quality educational institutions and recreational spaces, Drew offers a peaceful sanctuary away from the hustle and bustle.
Current Market Conditions in Drew, MS
The real estate market in Drew remains affordable compared to larger urban areas. Homes are reasonably priced, making it an attractive option for first-time buyers, investors, and families looking for value. The demand for properties in the area is gradually increasing as more people seek to settle in quieter environments.
Despite being a small town, Drew shows potential for growth. With continuous improvements in local infrastructure and economic developments, the area is poised for a positive shift in its real estate market, lending to increasing property values over time.
Home Value Estimator For Drew, MS
There are currently 840 real estate properties
in Drew, MS,
with a median automated valuation model (AVM) price
of $71,739.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Drew, 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 Drew, MS,
is $86,638.00, with the most expensive house
in Drew, MS, topping out
at $425,872.00 and the cheapest home
in Drew, MS,
clocking in at $13,100.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Drew, MS!
Rent Prices
In Drew, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Drew, MS, is on
a rollercoaster ride. The
average rent price in Drew, MS,
is $979.00. Indeed, when looking to rent in
Drew, MS, you can expect to pay as little
as $450.00 or as much
as $1,760.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Drew, 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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