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Condo Foreclosures in Lorman, MS

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Lorman, MS Foreclosures

How much do homes sell for in Lorman, MS?
The average home price is currently $140,227.
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 $1,708,961.
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, MS is a serene small town offering a calm lifestyle surrounded by natural beauty and rich history. With its friendly community, it provides an inviting atmosphere for families and retirees. Explore local charms and outdoor activities for a fulfilling life here.

Current Market Conditions in Lorman, MS

The real estate market in Lorman, MS has been steadily improving, driven by a growing interest in rural living and affordable housing. Home prices remain significantly lower compared to larger cities, attracting buyers who prioritize space and tranquility.

In recent months, there has been an increase in listings as more families seek to relocate, causing a slight rise in competition among buyers. The market favors sellers but remains accessible for first-time homeowners.

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 $113,019.00. 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 $140,227.00, with the most expensive house in Lorman, MS, topping out at $1,708,961.00 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.

Lorman, MS Condos


Market Trend for Lorman, MS

Total Listings Available: 0

Market Values:

Home Prices from $18,100 to $1,708,961

Average Sales Price: $140,227

Rental Values:

Rental from $400 to $1,800

Average Rent Value: $1,106 / month

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