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Condo Foreclosures in Lorman, MS 39096

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Lorman, MS Foreclosures

How much do homes sell for in Lorman, MS?
The average home price is currently $139,203.
What’s the average rental cost in Lorman, MS?
The average rental price in Lorman is $1,106.
What is the most expensive home in Lorman?
The most expensive home sold in Lorman had a price of $1,127,500.
What is currently the cheapest priced home in Lorman, MS?
The cheapest home for sale in Lorman is priced at $18,400.

Living in Lorman, MS

Lorman, MS is a charming rural community located in Copiah County, offering a quiet lifestyle with beautiful landscapes and a close-knit community. It has access to essential amenities and good educational institutions, making it an ideal place for families. Outdoor activities abound, providing residents with ample opportunities to enjoy nature.

Current Market Conditions in Lorman, MS

The real estate market in Lorman, MS is currently characterized by affordability with a range of options appealing to first-time homebuyers and investors alike. Property prices are relatively low compared to more urban areas, making it an attractive option for those looking to invest in real estate.

As the trend towards remote work continues, Lorman is witnessing increased interest from individuals seeking homes outside bustling cities, further indicating a potential growth in property values over time.

Home Value Estimator For Lorman, MS

There are currently 443 real estate properties in Lorman, MS, with a median automated valuation model (AVM) price of $116,417.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lorman, 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 Lorman, MS, is $139,203.00, with the most expensive house in Lorman, MS, topping out at $1,127,500.00 and the cheapest home in Lorman, MS, clocking in at $18,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Lorman, MS!

Rent Prices In Lorman, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lorman, MS, is on a rollercoaster ride. The average rent price in Lorman, MS, is $1,106.00. Indeed, when looking to rent in Lorman, MS, you can expect to pay as little as $400.00 or as much as $1,800.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Lorman, 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.

Lorman, MS 39096 Condos


Market Trend for Lorman, MS

Total Listings Available: 0

Market Values:

Home Prices from $18,400 to $1,127,500

Average Sales Price: $139,203

Rental Values:

Rental from $400 to $1,800

Average Rent Value: $1,106 / month

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