Lula, MS Foreclosures
How much do homes sell for in Lula, MS?
The average home price is currently $94,380.
In Lula, MS, how many homes are available?
There are currently 91 active home listings available in Lula.
What’s the average rental cost in Lula, MS?
The average rental price in Lula is $874.
What is the most expensive home in Lula?
The most expensive home sold in Lula had a price of $396,029.
What is currently the cheapest priced home in Lula, MS?
The cheapest home for sale in Lula is priced at $37,805.
Living in Lula, MS
Lula, MS, is a charming small town situated in the heart of the Mississippi Delta, offering a relaxed lifestyle and a strong sense of community. With access to outdoor activities, local shops, and a rich cultural history, it's an ideal place for those seeking tranquility while remaining close to larger cities like Memphis. Residents enjoy the beauty of nature while being part of a warm, welcoming town spirit.
Current Market Conditions in Lula, MS
The real estate market in Lula, MS, is currently characterized by relatively low home prices, making it an attractive destination for first-time buyers and investors. The demand for homes has been stable, with a modest increase in interest from outside investors looking to tap into the affordability of properties in the area.
In recent months, there has been a noticeable uptick in home renovations and new constructions, indicating an optimistic outlook for growth in the housing market. This suggests an overall improving market condition, driven by both local and regional interests.
Home Value Estimator For Lula, MS
There are currently 51 real estate properties
in Lula, MS,
with a median automated valuation model (AVM) price
of $76,514.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lula, 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 Lula, MS,
is $94,380.00, with the most expensive house
in Lula, MS, topping out
at $396,029.00 and the cheapest home
in Lula, MS,
clocking in at $37,805.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lula, MS!
Rent Prices
In Lula, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lula, MS, is on
a rollercoaster ride. The
average rent price in Lula, MS,
is $874.00. Indeed, when looking to rent in
Lula, MS, you can expect to pay as little
as $570.00 or as much
as $1,400.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Lula, 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.
Learn more on Foreclosure homes
