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Single-family 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 $331,261.
In Hernando, MS, how many homes are available?
There are currently 40 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 picturesque town that blends southern hospitality with modern amenities. This community-focused area is ideal for families, offering excellent schools, beautiful parks, and a range of recreational activities. Residents enjoy easy access to nearby Memphis while relishing the tranquility of small-town life.

Current Market Conditions in Hernando, MS

The real estate market in Hernando is currently robust, with a growing demand for homes due to its appealing lifestyle and affordability when compared to nearby urban areas. Prices have been steadily increasing as more families and investors seek properties in family-friendly communities.

Many buyers are attracted to Hernando's mix of new constructions and charming historical homes, leading to a competitive yet favorable market for real estate investors. The continuous development of local infrastructure and amenities suggests a promising future for property values.

Home Value Estimator For Hernando, MS

There are currently 10,596 real estate properties in Hernando, MS, with a median automated valuation model (AVM) price of $321,702.00. 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 $331,261.00, 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 Single-family Homes


Market Trend for Hernando, MS

Total Listings Available: 40

Market Values:

Home Prices from $17,800 to $5,705,500

Average Sales Price: $331,261

Rental Values:

Rental from $520 to $3,260

Average Rent Value: $1,498 / month

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