Lake, MS Foreclosures
How much do homes sell for in Lake, MS?
The average home price is currently $144,761.
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, MS is a quaint community known for its serene environment and outdoor activities. Residents appreciate the local amenities and the tight-knit community atmosphere. The region is perfect for families looking for a peaceful lifestyle surrounded by nature.
Current Market Conditions in Lake, MS
The real estate market in Lake, MS has seen some steady growth over the past few months. Generally, the market is classified as a buyer's market, with an increasing number of homes available. Prices remain affordable, which attracts first-time homebuyers and families looking to settle in a peaceful area.
There has been a notable increase in home sales compared to last year, with properties selling slightly faster due to the influx of new residents. Many are attracted to the charm of Lake and its surrounding natural beauty. The average home price has seen a modest increase, indicating a healthy demand for housing.
Home Value Estimator For Lake, MS
There are currently 694 real estate properties
in Lake, MS,
with a median automated valuation model (AVM) price
of $118,842.00. 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 $144,761.00, 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.
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