Living in Moorhead, MS
Moorhead, MS, offers a serene lifestyle within the Mississippi Delta. This quaint town is known for its community spirit, local amenities, and recreational opportunities. With a strong agricultural heritage and close access to beautiful nature, Moorhead is an excellent place for both investors and new residents.
Current Market Conditions in Moorhead, MS
The real estate market in Moorhead, MS, has shown steady growth over recent years, with increasing demand for housing driven by affordability and the charm of living in a small town. Investors can expect a favorable environment, with homes available at competitive prices.
Current trends indicate a gradual appreciation of property values as more individuals seek out peaceful, rural lifestyles that Moorhead offers. The demand for rental properties is also rising, making it an attractive location for investment.
Home Value Estimator For Moorhead, MS
There are currently 600 real estate properties
in Moorhead, MS,
with a median automated valuation model (AVM) price
of $57,830.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Moorhead, 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 Moorhead, MS,
is $75,183.00, with the most expensive house
in Moorhead, MS, topping out
at $352,656.00 and the cheapest home
in Moorhead, MS,
clocking in at $23,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Moorhead, MS!
Rent Prices
In Moorhead, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Moorhead, MS, is on
a rollercoaster ride. The
average rent price in Moorhead, MS,
is $1,128.00. Indeed, when looking to rent in
Moorhead, MS, you can expect to pay as little
as $670.00 or as much
as $1,750.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Moorhead, 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.
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