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Land Foreclosures in Nesbit, MS 38651

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Nesbit, MS Foreclosures

Current Market Conditions in in Nesbit, MS As of February 2026?
Over the past month, the Nesbit real estate market has seen a slight uptick in activity. New listings have reported a median price increase of around 3%, while homes that have sold noted an average of 30 days on the market. This indicates a growing interest and quicker transactions as buyers are capitalizing on low interest rates, amidst a slight scarcity of available homes.
How much do homes sell for in Nesbit, MS?
The average home price is currently $354,666.
What’s the average rental cost in Nesbit, MS?
The average rental price in Nesbit is $1,532.
What is the most expensive home in Nesbit?
The most expensive home sold in Nesbit had a price of $5,382,400.
What is currently the cheapest priced home in Nesbit, MS?
The cheapest home for sale in Nesbit is priced at $24,393.

Living in Nesbit, MS

Nesbit, MS, is a charming small town in DeSoto County that provides a peaceful rural lifestyle with easy access to the bustling city of Memphis. It boasts excellent schools, lush parks, and a friendly community atmosphere, making it ideal for families. Residents enjoy a mix of outdoor activities and local amenities, all while being part of a close-knit neighborhood.

Buyer vs Seller Market in Nesbit, MS

The real estate market in Nesbit has been relatively stable, with a steady influx of families relocating to the area for its desirable living conditions. Homes in Nesbit are often sought after due to their spacious lots and community-oriented surroundings, leading to consistent demand and moderate price increases.

Current trends indicate that property values in Nesbit are increasing, although at a slower pace than in urban areas. The average days on the market for homes has decreased slightly, suggesting a competitive environment for buyers, especially among single-family homes.

Home Value Estimator For Nesbit, MS

There are currently 3,569 real estate properties in Nesbit, MS, with a median automated valuation model (AVM) price of $351,030.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nesbit, 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 Nesbit, MS, is $354,666.00, with the most expensive house in Nesbit, MS, topping out at $5,382,400.00 and the cheapest home in Nesbit, MS, clocking in at $24,393.00. In other words, there’s something for every potential homebuyer or savvy investor in Nesbit, MS!

Rent Prices In Nesbit, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nesbit, MS, is on a rollercoaster ride. The average rent price in Nesbit, MS, is $1,532.00. Indeed, when looking to rent in Nesbit, MS, you can expect to pay as little as $520.00 or as much as $2,560.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Nesbit, 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.

Nesbit, MS 38651 Land


Market Trend for Nesbit, MS

Total Listings Available: 0

Market Values:

Home Prices from $24,393 to $5,382,400

Average Sales Price: $354,666

Rental Values:

Rental from $520 to $2,560

Average Rent Value: $1,532 / month

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