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Foreclosures in Lucedale, MS

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Living in Lucedale, MS

Lucedale, MS, is a welcoming small town surrounded by picturesque nature and offers a close-knit community atmosphere. Its historical significance, quality local schools, and recreational activities contribute to a fulfilling lifestyle. With its quiet charm and essential amenities, Lucedale is ideal for families, retirees, and those looking to invest in a peaceful yet engaging community.

Current Market Conditions in Lucedale, MS

The real estate market in Lucedale, MS, is currently experiencing a steady demand driven by the area's affordability and quality of life. Homes tend to sell quickly, reflecting the attractiveness of the community to both first-time buyers and investors. The median home price remains lower than the national average, making it a lucrative area for investment.

Trends indicate a growing interest in Lucedale as more people seek out smaller towns with ample outdoor space and a slower pace of life. The local economy has shown resilience, with proposals for new developments reinforcing the area's potential for property value appreciation.

Home Value Estimator For Lucedale, MS

There are currently 4,504 real estate properties in Lucedale, MS, with a median automated valuation model (AVM) price of $195,337.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lucedale, 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 Lucedale, MS, is $219,925.00, with the most expensive house in Lucedale, MS, topping out at $2,451,000.00 and the cheapest home in Lucedale, MS, clocking in at $11,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Lucedale, MS!

Rent Prices In Lucedale, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lucedale, MS, is on a rollercoaster ride. The average rent price in Lucedale, MS, is $1,153.00. Indeed, when looking to rent in Lucedale, MS, you can expect to pay as little as $510.00 or as much as $1,820.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Lucedale, 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.

Lucedale, MS Foreclosures


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