Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Lena, MS. There are 8 discounted homes for sale in Lena, MS we think you'll love.
Lena, MS is a quaint and friendly community surrounded by the beautiful Mississippi countryside. Known for its rural charm, Lena offers a slow-paced lifestyle with close relationships among residents. Families will find a supportive educational environment, local amenities, and easy access to outdoor activities.
There are currently 923 real estate properties in Lena, MS, with a median automated valuation model (AVM) price of $133,716.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lena, 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 Lena, MS, is $170,409.00, with the most expensive house in Lena, MS, topping out at $1,402,000.00 and the cheapest home in Lena, MS, clocking in at $14,177.00. In other words, there’s something for every potential homebuyer or savvy investor in Lena, MS!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lena, MS, is on a rollercoaster ride. The average rent price in Lena, MS, is $1,105.00. Indeed, when looking to rent in Lena, MS, you can expect to pay as little as $680.00 or as much as $2,550.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Lena, 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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