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Commercial Foreclosures 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 $346,071.
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 $14,987.

Living in Hernando, MS

Hernando, MS offers a suburban lifestyle with a close-knit community and access to urban conveniences while being in proximity to Memphis, TN. With quality schools, parks, and a range of local amenities, it's an attractive place for families and individuals alike.

Current Market Conditions in Hernando, MS

The real estate market in Hernando has been witnessing steady growth over the past year, driven by an influx of new residents attracted by employment opportunities and the overall quality of life. Homes are typically sold at competitive prices, and demand seems to be keeping pace with inventory levels as more families seek to settle in the area.

The ongoing development of retail and dining spaces in the vicinity has further spurred interest in local properties, leading to more prospective buyers entering the market, which is favorable for sellers.

Home Value Estimator For Hernando, MS

There are currently 12,375 real estate properties in Hernando, MS, with a median automated valuation model (AVM) price of $328,372.00. 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 $346,071.00, 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 $14,987.00. 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 Commercial


Market Trend for Hernando, MS

Total Listings Available: 0

Market Values:

Home Prices from $14,987 to $5,705,500

Average Sales Price: $346,071

Rental Values:

Rental from $520 to $3,260

Average Rent Value: $1,498 / month

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