Mendenhall, MS Foreclosures
How much do homes sell for in Mendenhall, MS?
The average home price is currently $179,389.
In Mendenhall, MS, how many homes are available?
There are currently 2 active home listings available in Mendenhall.
What’s the average rental cost in Mendenhall, MS?
The average rental price in Mendenhall is $1,322.
What is the most expensive home in Mendenhall?
The most expensive home sold in Mendenhall had a price of $1,422,111.
What is currently the cheapest priced home in Mendenhall, MS?
The cheapest home for sale in Mendenhall is priced at $29,400.
Living in Mendenhall, MS
Mendenhall is a small yet vibrant city located in Rankin County, Mississippi. Known for its community spirit and Southern charm, it offers a blend of suburban and rural lifestyles. The city features various amenities, schools, and parks, making it a quaint choice for families and those seeking a peaceful living environment.
Current Market Conditions in Mendenhall, MS
Mendenhall's real estate market is currently stable, with moderate price increases observed over the past year. Residents enjoy relatively affordable housing options, making it attractive for first-time buyers and families relocating to the area. Demand remains steady, especially for single-family homes, thanks to the city's charm and growing amenities.
In recent months, the market has shown signs of slight growth, as more individuals seek the quieter lifestyle that Mendenhall provides. Properties listed for sale often attract multiple offers, signaling that the market is competitive, though prices remain approachable for most buyers.
Home Value Estimator For Mendenhall, MS
There are currently 2,667 real estate properties
in Mendenhall, MS,
with a median automated valuation model (AVM) price
of $145,136.00. 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 $179,389.00, with the most expensive house
in Mendenhall, MS, topping out
at $1,422,111.00 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.