Lumberton, MS Foreclosures
How much do homes sell for in Lumberton, MS?
The average home price is currently $203,900.
In Lumberton, MS, how many homes are available?
There are currently 9 active home listings available in Lumberton.
What’s the average rental cost in Lumberton, MS?
The average rental price in Lumberton is $1,075.
What is the most expensive home in Lumberton?
The most expensive home sold in Lumberton had a price of $3,314,223.
What is currently the cheapest priced home in Lumberton, MS?
The cheapest home for sale in Lumberton is priced at $12,000.
Living in Lumberton, MS
Lumberton, Mississippi, is a small but vibrant town located in the southeastern part of the state. Known for its friendly community and rich history, Lumberton offers a peaceful lifestyle with access to scenic outdoor activities. Residents enjoy the charm of small-town living while being conveniently located near larger cities like Hattiesburg and Picayune.
Current Market Conditions in Lumberton, MS
Currently, Lumberton's real estate market is experiencing moderate growth, with an increase in demand for affordable housing. The average home price remains competitive compared to larger urban areas, attracting first-time home buyers and those looking to downsize. The community's appeal, coupled with its available amenities, continues to drive interest among prospective buyers.
The market has seen a healthy turnover rate, with homes typically selling within a few months. Some properties, particularly newer listings or those with renovated features, tend to attract multiple offers, which reflects a growing trend in the desirability of the area.
Home Value Estimator For Lumberton, MS
There are currently 3,295 real estate properties
in Lumberton, MS,
with a median automated valuation model (AVM) price
of $148,200.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lumberton, 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 Lumberton, MS,
is $203,900.00, with the most expensive house
in Lumberton, MS, topping out
at $3,314,223.00 and the cheapest home
in Lumberton, MS,
clocking in at $12,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lumberton, MS!
Rent Prices
In Lumberton, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lumberton, MS, is on
a rollercoaster ride. The
average rent price in Lumberton, MS,
is $1,075.00. Indeed, when looking to rent in
Lumberton, MS, you can expect to pay as little
as $500.00 or as much
as $2,500.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Lumberton, 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
