Living in Durant, MS
Durant, MS is a quaint town characterized by its friendly community and affordable living. With access to essential amenities and great schools, it is an attractive option for families and investors alike. Its low home prices and rental opportunities create an appealing market for real estate investment.
Current Market Conditions in Durant, MS
The real estate market in Durant is currently stable, with affordable property prices drawing interest from investors and families. The demand for rental properties is increasing, reflecting a growing interest in the area and its economic potential.
As development and infrastructure improvements continue, property values are expected to rise. Investors can benefit from the current low prices and stable rental market, making it an opportune time to invest in Durant.
Home Value Estimator For Durant, MS
There are currently 731 real estate properties
in Durant, MS,
with a median automated valuation model (AVM) price
of $78,041.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Durant, 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 Durant, MS,
is $98,115.00, with the most expensive house
in Durant, MS, topping out
at $578,787.00 and the cheapest home
in Durant, MS,
clocking in at $18,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Durant, MS!
Rent Prices
In Durant, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Durant, MS, is on
a rollercoaster ride. The
average rent price in Durant, MS,
is $917.00. Indeed, when looking to rent in
Durant, MS, you can expect to pay as little
as $600.00 or as much
as $1,530.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Durant, 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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