Lake, MS Foreclosures
How much do homes sell for in Lake, MS?
The average home price is currently $142,237.
In Lake, MS, how many homes are available?
There are currently 14 active home listings available in Lake.
What’s the average rental cost in Lake, MS?
The average rental price in Lake is $968.
What is the most expensive home in Lake?
The most expensive home sold in Lake had a price of $876,000.
What is currently the cheapest priced home in Lake, MS?
The cheapest home for sale in Lake is priced at $10,700.
Living in Lake, MS
Lake, Mississippi is a quaint and peaceful town offering a blend of small-town charm and community spirit. Ideal for families and those seeking tranquility, it is surrounded by beautiful landscapes and provides several recreational options. Access to nearby cities enhances convenience without compromising the serene living experience.
Current Market Conditions in Lake, MS
The real estate market in Lake, MS has demonstrated stability over the past year, with home prices gradually increasing. Buyers are drawn to the affordable housing options and the community's appeal. The demand for homes is steady, with a mix of first-time buyers and retirees seeking a quieter lifestyle. Overall, Lake represents a great opportunity for real estate investment.
Recent trends indicate a growing interest in rural living, with many individuals and families relocating from urban areas to places like Lake. This shift has positively impacted property values and continues to attract developers and investors in the region.
Home Value Estimator For Lake, MS
There are currently 727 real estate properties
in Lake, MS,
with a median automated valuation model (AVM) price
of $117,475.00. 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, 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, MS,
is $142,237.00, with the most expensive house
in Lake, MS, topping out
at $876,000.00 and the cheapest home
in Lake, MS,
clocking in at $10,700.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lake, MS!
Rent Prices
In Lake, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lake, MS, is on
a rollercoaster ride. The
average rent price in Lake, MS,
is $968.00. Indeed, when looking to rent in
Lake, MS, you can expect to pay as little
as $580.00 or as much
as $1,840.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Lake, 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
