Inverness, MS Foreclosures
How much do homes sell for in Inverness, MS?
The average home price is currently $116,324.
In Inverness, MS, how many homes are available?
There are currently 64 active home listings available in Inverness.
What’s the average rental cost in Inverness, MS?
The average rental price in Inverness is $1,090.
What is the most expensive home in Inverness?
The most expensive home sold in Inverness had a price of $685,664.
What is currently the cheapest priced home in Inverness, MS?
The cheapest home for sale in Inverness is priced at $26,200.
Living in Inverness, MS
Inverness, Mississippi, is a quaint town that embodies southern charm with its rural setting and friendly community. The area is characterized by its agricultural surroundings and offers a relaxed pace of life for its residents. With access to nature and a small-town vibe, it's perfect for those seeking tranquility away from city life.
Current Market Conditions in Inverness, MS
The real estate market in Inverness shows a trend of stability, with moderately priced homes attracting first-time buyers and those looking for a quieter lifestyle. The market has seen a modest increase over the past months as more people seek homes in tranquil areas, leading to a gradual decrease in inventory.
There is a rising interest in properties located on larger lots, especially those with access to outdoor amenities such as lakes and parks. In addition, homes with updated interiors are in demand, suggesting that buyers are willing to invest in properties that offer modern conveniences.
Home Value Estimator For Inverness, MS
There are currently 423 real estate properties
in Inverness, MS,
with a median automated valuation model (AVM) price
of $91,351.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Inverness, 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 Inverness, MS,
is $116,324.00, with the most expensive house
in Inverness, MS, topping out
at $685,664.00 and the cheapest home
in Inverness, MS,
clocking in at $26,200.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Inverness, MS!
Rent Prices
In Inverness, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Inverness, MS, is on
a rollercoaster ride. The
average rent price in Inverness, MS,
is $1,090.00. Indeed, when looking to rent in
Inverness, MS, you can expect to pay as little
as $400.00 or as much
as $1,900.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Inverness, 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.
Learn more on Foreclosure homes
