Living in Pachuta, MS
Pachuta, Mississippi, is a quaint, small town known for its Southern charm and tight-knit community. With beautiful natural surroundings and a peaceful lifestyle, residents enjoy outdoor recreational activities and a low cost of living. Pachuta is a perfect place for families and retirees alike.
Current Market Conditions in Pachuta, MS
The real estate market in Pachuta has shown signs of stability, with a moderate increase in home values over the past few months. This is a good indicator of a healthy market that attracts both new residents and investors, looking for affordable housing options. Homes in the area are reasonably priced compared to larger cities, making it an attractive place for those looking to settle down or invest in property.
As of this year, Pachuta has seen an uptick in interest from homebuyers, particularly those seeking a quieter lifestyle. This has prompted a slight competition in the market, leading to faster sales and an overall increase in property values. The low inventory of homes for sale has driven prices upward, but they remain competitive compared to other areas.
Home Value Estimator For Pachuta, MS
There are currently 587 real estate properties
in Pachuta, MS,
with a median automated valuation model (AVM) price
of $143,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pachuta, 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 Pachuta, MS,
is $171,945.00, with the most expensive house
in Pachuta, MS, topping out
at $3,235,300.00 and the cheapest home
in Pachuta, MS,
clocking in at $34,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pachuta, MS!
Rent Prices
In Pachuta, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pachuta, MS, is on
a rollercoaster ride. The
average rent price in Pachuta, MS,
is $1,076.00. Indeed, when looking to rent in
Pachuta, MS, you can expect to pay as little
as $570.00 or as much
as $1,970.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Pachuta, 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.