Hernando, MS Foreclosures
Current Market Conditions in in Hernando, MS As of April 2026?
Over the past month, Hernando’s real estate market has shown a slight increase in both home prices and the number of listings. The average home price has risen by around 3%, signaling a strong demand as new businesses and community amenities attract more residents. Additionally, homes are selling relatively quickly, often within 30 days of being listed, reflecting a competitive market.
How much do homes sell for in Hernando, MS?
The average home price is currently $342,624.
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 $14,802.
Living in Hernando, MS
Hernando, Mississippi, is a vibrant community that offers a blend of historical charm and modern amenities. This growing town is known for its excellent schools, friendly atmosphere, and a range of outdoor recreational activities. Whether you're looking to settle down or invest, Hernando presents opportunities for a varied lifestyle.
Buyer vs Seller Market in Hernando, MS
The real estate market in Hernando, MS is currently experiencing a steady growth trend, driven by an influx of new residents seeking the charm of suburban life with easy access to Memphis. Prices have seen moderate increases as demand rises, creating opportunities for both buyers and investors. Various homes are on the market, appealing to first-time homebuyers as well as those looking for larger family dwellings.
In the last three months, there has been a noticeable uptick in the number of active listings, indicating that sellers are optimistic about the market conditions. The competition among buyers is increasing, primarily due to the appeal of Hernando's schools, parks, and quick access to the bigger city of Memphis.
Home Value Estimator For Hernando, MS
There are currently 12,378 real estate properties
in Hernando, MS,
with a median automated valuation model (AVM) price
of $328,072.00. 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 $342,624.00, 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 $14,802.00. 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.
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