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Bankruptcy Homes in Hernando, MS

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Hernando, MS Foreclosures

How much do homes sell for in Hernando, MS?
The average home price is currently $337,112.
In Hernando, MS, how many homes are available?
There are currently 65 active home listings available in Hernando.
What’s the average rental cost in Hernando, MS?
The average rental price in Hernando is $1,498.
What is the most expensive home in Hernando?
The most expensive home sold in Hernando had a price of $5,705,500.
What is currently the cheapest priced home in Hernando, MS?
The cheapest home for sale in Hernando is priced at $17,800.

Living in Hernando, MS

Hernando, MS is a growing community that offers a perfect blend of small-town charm and modern amenities. With a rich history and a strong sense of community, residents enjoy access to various parks, recreational activities, and quality schools. Located just south of Memphis, TN, Hernando provides convenient access to a larger city while maintaining its unique hometown feel.

Current Market Conditions in Hernando, MS

The real estate market in Hernando is currently competitive, with a steady rise in home prices due to increasing demand from families seeking affordable housing options near Memphis. The area attracts a mix of buyers including first-time homebuyers and investors looking for rental properties.

As of late 2023, there has been a notable increase in new construction homes, indicating a growing confidence in the market. The blend of established neighborhoods and new developments continues to draw interest from buyers looking for both charm and modern amenities.

Home Value Estimator For Hernando, MS

There are currently 10,605 real estate properties in Hernando, MS, with a median automated valuation model (AVM) price of $321,722.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hernando, 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 Hernando, MS, is $337,112.00, with the most expensive house in Hernando, MS, topping out at $5,705,500.00 and the cheapest home in Hernando, MS, clocking in at $17,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Hernando, MS!

Rent Prices In Hernando, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hernando, MS, is on a rollercoaster ride. The average rent price in Hernando, MS, is $1,498.00. Indeed, when looking to rent in Hernando, MS, you can expect to pay as little as $520.00 or as much as $3,260.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Hernando, 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.

Hernando, MS Bankruptcy Homes

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