Latimer, MS Foreclosures
Current Market Conditions in in Latimer, MS As of February 2026?
In the past month, Latimer has experienced a slight increase in home sales, with a moderate uptick in prices. The demand for homes remains robust, driven by new families relocating to the area and individuals seeking quieter living spaces amid the ongoing shift in work-from-home policies. As inventory levels remain low, competition among buyers is expected to keep prices relatively stable.
How much do homes sell for in Latimer, MS?
The average home price is currently $162,846.
What’s the average rental cost in Latimer, MS?
The average rental price in Latimer is $1,116.
What is the most expensive home in Latimer?
The most expensive home sold in Latimer had a price of $583,300.
What is currently the cheapest priced home in Latimer, MS?
The cheapest home for sale in Latimer is priced at $13,098.
Living in Latimer, MS
Latimer, a quaint community in Mississippi, presents a peaceful lifestyle amidst beautiful natural surroundings. With strong community ties and access to outdoor activities, it's an ideal place for families. Local schools and essential amenities cater to residents, balancing tranquility with convenience.
Buyer vs Seller Market in Latimer, MS
The real estate market in Latimer remains stable with a healthy demand for single-family homes. Listings are seeing competitive offers, particularly for homes in desirable neighborhoods. The community appeal, combined with access to essential services and outdoor recreation, is contributing to a steady interest among both buyers and investors in the area.
Homes in Latimer are generally affordable compared to nearby urban areas, making it an attractive option for first-time homebuyers and families looking for more space. This affordability, coupled with the growing local amenities, suggests a continued positive trend for property values in the coming years.
Home Value Estimator For Latimer, MS
There are currently 47 real estate properties
in Latimer, MS,
with a median automated valuation model (AVM) price
of $141,600.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Latimer, 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 Latimer, MS,
is $162,846.00, with the most expensive house
in Latimer, MS, topping out
at $583,300.00 and the cheapest home
in Latimer, MS,
clocking in at $13,098.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Latimer, MS!
Rent Prices
In Latimer, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Latimer, MS, is on
a rollercoaster ride. The
average rent price in Latimer, MS,
is $1,116.00. Indeed, when looking to rent in
Latimer, MS, you can expect to pay as little
as $820.00 or as much
as $1,580.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Latimer, 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
