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Condo Foreclosures in Kokomo, MS 39643

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Kokomo, MS Foreclosures

Current Market Conditions in in Kokomo, MS As of February 2026?
In the past month, Kokomo's real estate market has experienced a steady rise in activity, particularly from buyers looking to move into the area. Increased interest has led to properties selling more quickly than in previous months. The price appreciation, while modest, indicates a strengthening market as families seek relocation options away from more crowded urban settings, preferring the peaceful surroundings Kokomo offers. Additionally, few homes are entering the market, creating a competitive atmosphere among buyers during this time.
How much do homes sell for in Kokomo, MS?
The average home price is currently $186,625.
What’s the average rental cost in Kokomo, MS?
The average rental price in Kokomo is $1,169.
What is the most expensive home in Kokomo?
The most expensive home sold in Kokomo had a price of $2,843,100.
What is currently the cheapest priced home in Kokomo, MS?
The cheapest home for sale in Kokomo is priced at $24,933.

Living in Kokomo, MS

Kokomo, MS is a quaint and tranquil community that boasts beautiful natural surroundings and a welcoming atmosphere. With its local shops, outdoor activities, and tight-knit community, it’s an ideal place for families and individuals seeking a peaceful lifestyle.

Buyer vs Seller Market in Kokomo, MS

The real estate market in Kokomo has shown signs of stability with a mix of affordable home options available. Over the past few months, there has been a slight increase in buyer interest, indicating that the area is becoming more appealing to those looking for a quiet retreat within Mississippi.

Kokomo's real estate trends suggest that while prices remain reasonable, certain properties have started to see an increase in demand, especially among first-time homebuyers seeking a tranquil environment.

Home Value Estimator For Kokomo, MS

There are currently 254 real estate properties in Kokomo, MS, with a median automated valuation model (AVM) price of $151,976.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kokomo, 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 Kokomo, MS, is $186,625.00, with the most expensive house in Kokomo, MS, topping out at $2,843,100.00 and the cheapest home in Kokomo, MS, clocking in at $24,933.00. In other words, there’s something for every potential homebuyer or savvy investor in Kokomo, MS!

Rent Prices In Kokomo, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kokomo, MS, is on a rollercoaster ride. The average rent price in Kokomo, MS, is $1,169.00. Indeed, when looking to rent in Kokomo, MS, you can expect to pay as little as $810.00 or as much as $2,080.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Kokomo, 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.

Kokomo, MS 39643 Condos


Market Trend for Kokomo, MS

Total Listings Available: 0

Market Values:

Home Prices from $24,933 to $2,843,100

Average Sales Price: $186,625

Rental Values:

Rental from $810 to $2,080

Average Rent Value: $1,169 / month

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