Living in Merigold, MS
Merigold, MS, is a charming small town known for its community spirit and rural tranquility. With access to a variety of local amenities and outdoor recreational activities, it provides a great environment for families and retirees alike. The area's strong educational institutions help foster a supportive community for children and their families.
Current Market Conditions in Merigold, MS
The real estate market in Merigold is currently experiencing stable growth, driven by affordable housing options that attract both families and investors. Recent trends indicate a steady demand for single-family homes, characterized by a mix of historic properties and new constructions.
Sales prices have remained competitive, giving investors an opportunity to enter the market at a lower entry point compared to neighboring areas, with potential for appreciation as the community grows and local amenities improve.
Home Value Estimator For Merigold, MS
There are currently 442 real estate properties
in Merigold, MS,
with a median automated valuation model (AVM) price
of $118,637.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Merigold, 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 Merigold, MS,
is $161,811.00, with the most expensive house
in Merigold, MS, topping out
at $980,400.00 and the cheapest home
in Merigold, MS,
clocking in at $41,911.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Merigold, MS!
Rent Prices
In Merigold, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Merigold, MS, is on
a rollercoaster ride. The
average rent price in Merigold, MS,
is $1,118.00. Indeed, when looking to rent in
Merigold, MS, you can expect to pay as little
as $630.00 or as much
as $1,940.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Merigold, 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
