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Preforeclosure Homes in Lake Cormorant, MS

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Lake Cormorant, MS Foreclosures

How much do homes sell for in Lake Cormorant, MS?
The average home price is currently $315,655.
In Lake Cormorant, MS, how many homes are available?
There are currently 7 active home listings available in Lake Cormorant.
What’s the average rental cost in Lake Cormorant, MS?
The average rental price in Lake Cormorant is $1,534.
What is the most expensive home in Lake Cormorant?
The most expensive home sold in Lake Cormorant had a price of $1,409,000.
What is currently the cheapest priced home in Lake Cormorant, MS?
The cheapest home for sale in Lake Cormorant is priced at $34,249.

Living in Lake Cormorant, MS

Lake Cormorant, MS, is a peaceful suburban community situated in DeSoto County. It offers residents a blend of tranquility and connection to nature, with recreational opportunities abound. Families enjoy access to quality schools and a variety of community amenities that enhance daily living.

Current Market Conditions in Lake Cormorant, MS

Lake Cormorant's real estate market has seen a steady increase in home values over the past year, primarily driven by low inventory and increased demand for homes in suburban areas. Properties are highly sought after due to the area's appealing lifestyle and proximity to larger cities like Memphis.

The overall market trend indicates a strong buyer's market, with many homes receiving multiple offers and selling rapidly. As more families seek a balanced lifestyle between urban and rural environments, Lake Cormorant's market remains competitive and dynamic.

Home Value Estimator For Lake Cormorant, MS

There are currently 1,008 real estate properties in Lake Cormorant, MS, with a median automated valuation model (AVM) price of $293,472.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Cormorant, 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 Lake Cormorant, MS, is $315,655.00, with the most expensive house in Lake Cormorant, MS, topping out at $1,409,000.00 and the cheapest home in Lake Cormorant, MS, clocking in at $34,249.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Cormorant, MS!

Rent Prices In Lake Cormorant, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Cormorant, MS, is on a rollercoaster ride. The average rent price in Lake Cormorant, MS, is $1,534.00. Indeed, when looking to rent in Lake Cormorant, MS, you can expect to pay as little as $790.00 or as much as $3,860.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Lake Cormorant, 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.

Lake Cormorant, MS Preforeclosure Homes


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