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Cheap Homes in Nesbit, MS

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Nesbit, MS Foreclosures

How much do homes sell for in Nesbit, MS?
The average home price is currently $355,375.
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 suburban town in DeSoto County known for its family-friendly atmosphere and proximity to Memphis. With plenty of local parks, schools, and community events, it's an ideal place for those seeking a peaceful lifestyle with easy access to urban conveniences. Residents enjoy both a rural feel and a strong community spirit.

Current Market Conditions in Nesbit, MS

The real estate market in Nesbit is currently stable, with a healthy mix of single-family homes catering to families and professionals. Due to its proximity to Memphis, the area has seen steady demand for housing, which has helped maintain home values. Although the market is competitive, buyers can still find a range of properties available from affordable starter homes to larger family residences.

Recent trends indicate a gradual increase in home prices, reflecting the rising demand for properties in the area. With new developments and infrastructure improvements, Nesbit continues to attract new residents, contributing to the area's growth and stability. Current listings indicate an average home price that is accessible for both first-time buyers and those looking to upgrade.

Home Value Estimator For Nesbit, MS

There are currently 3,158 real estate properties in Nesbit, MS, with a median automated valuation model (AVM) price of $350,318.00. 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 $355,375.00, 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.

Cheap Homes in Nesbit, MS


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