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Foreclosure Homes in Fayette, MS 39069

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Fayette, MS Foreclosures

How much do homes sell for in Fayette, MS?
The average home price is currently $142,270.
In Fayette, MS, how many homes are available?
There are currently 11 active home listings available in Fayette.
What’s the average rental cost in Fayette, MS?
The average rental price in Fayette is $1,042.
What is the most expensive home in Fayette?
The most expensive home sold in Fayette had a price of $857,300.
What is currently the cheapest priced home in Fayette, MS?
The cheapest home for sale in Fayette is priced at $18,700.

Living in Fayette, MS

Fayette, MS is a quiet town with a welcoming atmosphere and a sense of community. It features a variety of local amenities, parks, and educational opportunities, making it a suitable place for families and retirees. With its beautiful surroundings and access to outdoor activities, Fayette is a hidden gem in Mississippi.

Current Market Conditions in Fayette, MS

The current real estate market in Fayette shows a stable demand for affordable housing, with prices remaining relatively low compared to larger urban areas. Investors may find opportunity in purchasing properties for renovation or rental as the area continues to attract buyers seeking a tranquil lifestyle.

There is a growing interest in the Fayette area from potential homebuyers and investors due to its unique charm and accessibility. As the demand for housing increases, property values are expected to rise, making this an opportune time for investment.

Home Value Estimator For Fayette, MS

There are currently 1,049 real estate properties in Fayette, MS, with a median automated valuation model (AVM) price of $121,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fayette, 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 Fayette, MS, is $142,270.00, with the most expensive house in Fayette, MS, topping out at $857,300.00 and the cheapest home in Fayette, MS, clocking in at $18,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Fayette, MS!

Rent Prices In Fayette, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fayette, MS, is on a rollercoaster ride. The average rent price in Fayette, MS, is $1,042.00. Indeed, when looking to rent in Fayette, MS, you can expect to pay as little as $530.00 or as much as $1,760.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Fayette, 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.

Fayette, MS 39069 Foreclosures


Market Trend for Fayette, MS

Total Listings Available: 11

Market Values:

Home Prices from $18,700 to $857,300

Average Sales Price: $142,270

Rental Values:

Rental from $530 to $1,760

Average Rent Value: $1,042 / month

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