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Rent To Own Homes in Mendenhall, MS 39114

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Living in Mendenhall, MS

Mendenhall, MS is a vibrant small town characterized by its friendly community and Southern charm. With affordable housing, quality schools, and various outdoor activities, Mendenhall provides an ideal environment for families and individuals.

Current Market Conditions in Mendenhall, MS

The Mendenhall real estate market is currently experiencing a steady demand with a mix of single-family homes and mobile homes. The average price of homes has seen a mild increase due to limited inventory and growing interest from first-time homebuyers.

As of the latest report, homes typically stay on the market for a shorter duration compared to previous years, indicating a competitive market where buyers are eager to find their perfect home.

Home Value Estimator For Mendenhall, MS

There are currently 2,668 real estate properties in Mendenhall, MS, with a median automated valuation model (AVM) price of $146,225.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mendenhall, 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 Mendenhall, MS, is $181,578.00, with the most expensive house in Mendenhall, MS, topping out at $1,436,678.00 and the cheapest home in Mendenhall, MS, clocking in at $29,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Mendenhall, MS!

Rent Prices In Mendenhall, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mendenhall, MS, is on a rollercoaster ride. The average rent price in Mendenhall, MS, is $1,322.00. Indeed, when looking to rent in Mendenhall, MS, you can expect to pay as little as $670.00 or as much as $2,360.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Mendenhall, 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.

Mendenhall, MS 39114 Rent To Own Homes

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