Foreclosure Homes in Horn Lake, MS

Current Market Conditions in Horn Lake, MS

Horn Lake's real estate market is currently experiencing growth, with an increase in demand for residential properties driven by its proximity to the Memphis metropolitan area. Buyers are attracted to the community's affordability and quality of life, which have spurred new developments.

The market is considered competitive, with homes receiving multiple offers due to the favorable affordability compared to neighboring areas. The trend indicates a steady appreciation in home values, making it an attractive option for both first-time buyers and investors.

Rent Prices In Horn Lake, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Horn Lake, MS, is on a rollercoaster ride. The average rent price in Horn Lake, MS, is $1,176.00. Indeed, when looking to rent in Horn Lake, MS, you can expect to pay as little as $610.00 or as much as $2,660.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Horn Lake, 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.