Kokomo, MS Foreclosures
How much do homes sell for in Kokomo, MS?
The average home price is currently $196,401.
In Kokomo, MS, how many homes are available?
There are currently 2 active home listings available in Kokomo.
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 $25,100.
Living in Kokomo, MS
Kokomo, MS is a small yet welcoming community deeply rooted in southern culture. The area boasts a serene lifestyle with access to nature, local amenities, and a strong sense of community. With its friendly atmosphere, Kokomo presents a perfect environment for families and those looking to escape the hustle of urban living.
Current Market Conditions in Kokomo, MS
The real estate market in Kokomo has shown steady growth over the past few months. Home prices have seen an increase due to high demand in the area, driven by people seeking a peaceful lifestyle away from city life. The market is currently favoring sellers due to the limited inventory of homes, leading to quicker sales and competitive offers.
Current trends indicate that Kokomo is becoming increasingly attractive for first-time homebuyers, particularly families seeking affordable housing options. Many buyers are drawn to the area's charm, good schools, and strong community ties, leading to a positive outlook for the local real estate market.
Home Value Estimator For Kokomo, MS
There are currently 179 real estate properties
in Kokomo, MS,
with a median automated valuation model (AVM) price
of $147,800.00. 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 $196,401.00, 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 $25,100.00. 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.
Learn more on Foreclosure homes
