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Preforeclosure Homes in Kokomo, MS 39643

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Living in Kokomo, MS

Kokomo, MS is a charming small town that offers a peaceful lifestyle surrounded by nature. Known for its warm community spirit, residents enjoy local parks and outdoor activities. Essential amenities are just a short drive away, making it an ideal place for those seeking tranquility with access to modern conveniences.

Current Market Conditions in Kokomo, MS

The real estate market in Kokomo, MS is currently experiencing a steady demand with affordable housing options. The community's appeal as a peaceful retreat attracts both new residents and investors. Overall, the market is stable with a modest appreciation in home values noted over the past year.

As of the latest reports, forms of housing are often available within reasonable price ranges, making it a favorable option for first-time buyers and families looking for a safe environment to raise their children.

Home Value Estimator For Kokomo, MS

There are currently 177 real estate properties in Kokomo, MS, with a median automated valuation model (AVM) price of $150,080.00. 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 $190,749.00, 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 $32,500.00. 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 Preforeclosure Homes


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