Mound Bayou, MS Foreclosures
How much do homes sell for in Mound Bayou, MS?
The average home price is currently $87,386.
What’s the average rental cost in Mound Bayou, MS?
The average rental price in Mound Bayou is $1,009.
What is the most expensive home in Mound Bayou?
The most expensive home sold in Mound Bayou had a price of $730,943.
What is currently the cheapest priced home in Mound Bayou, MS?
The cheapest home for sale in Mound Bayou is priced at $23,000.
Living in Mound Bayou, MS
Mound Bayou, MS, is a small yet historically rich town that showcases its African American heritage and culture. With a strong sense of community, residents enjoy a lifestyle centered around local events, educational opportunities, and communal support. Its historical significance combined with ongoing community initiatives makes it a unique place to live and invest in real estate.
Current Market Conditions in Mound Bayou, MS
The real estate market in Mound Bayou has seen gradual changes over the past year, reflecting fluctuations in local demand and supply dynamics. Historically, homes in this area have been affordable, drawing in families and individuals interested in the town's rich cultural legacy and nurturing community vibe. Potential buyers might find both single-family homes and opportunities for renovation or investment, appealing to a range of preferences.
Home Value Estimator For Mound Bayou, MS
There are currently 665 real estate properties
in Mound Bayou, MS,
with a median automated valuation model (AVM) price
of $65,394.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mound Bayou, 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 Mound Bayou, MS,
is $87,386.00, with the most expensive house
in Mound Bayou, MS, topping out
at $730,943.00 and the cheapest home
in Mound Bayou, MS,
clocking in at $23,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mound Bayou, MS!
Rent Prices
In Mound Bayou, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mound Bayou, MS, is on
a rollercoaster ride. The
average rent price in Mound Bayou, MS,
is $1,009.00. Indeed, when looking to rent in
Mound Bayou, MS, you can expect to pay as little
as $600.00 or as much
as $1,940.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Mound Bayou, 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
