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Cheap Homes in Lorman, MS

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Lorman, MS Foreclosures

Current Market Conditions in in Lorman, MS As of April 2026?
Over the past month, the Lorman real estate market has seen a modest increase in the average home price, reflecting a resurgence of buyer interest, particularly for properties with larger plots of land. This trend may suggest that prospective buyers are prioritizing outdoor space and lower density living post-pandemic.
How much do homes sell for in Lorman, MS?
The average home price is currently $146,366.
In Lorman, MS, how many homes are available?
There are currently 1 active home listings available in Lorman.
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 $1,754,494.
What is currently the cheapest priced home in Lorman, MS?
The cheapest home for sale in Lorman is priced at $18,100.

Living in Lorman, MS

Lorman is a charming rural community in Mississippi with a strong agricultural base and a close-knit community feel. The area is characterized by its scenic landscapes and offers a variety of outdoor and recreational activities. It's an ideal place for those looking for a peaceful living environment away from the hustle and bustle of city life.

Buyer vs Seller Market in Lorman, MS

The real estate market in Lorman is currently stable, with a slight increase in home prices over the past year. The area is popular among buyers looking for affordable housing options in a quiet environment.

Trends indicate a growing interest in rural properties, as more people seek spacious homes with land. This shift is likely influenced by the increase in remote work opportunities.

Home Value Estimator For Lorman, MS

There are currently 534 real estate properties in Lorman, MS, with a median automated valuation model (AVM) price of $117,228.00. 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 $146,366.00, with the most expensive house in Lorman, MS, topping out at $1,754,494.00 and the cheapest home in Lorman, MS, clocking in at $18,100.00. 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.

Cheap Homes in Lorman, MS


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