City-owned Homes And Land in Pearl, MS 39042

Current Market Conditions in Pearl, MS

Pearl's real estate market has seen steady growth over the past year, with home prices increasing as demand for housing in the area rises. The balance of supply and demand has led to a competitive market, particularly for family-sized homes. With the influx of new residents seeking a suburban lifestyle while remaining close to urban conveniences, the market is trending upward, attracting buyers and investors alike.

Currently, the Pearl real estate market is characterized by a range of properties from affordable starter homes to larger family residences. The average home price has risen by approximately 5% compared to last year, indicating a healthy demand. Investors are particularly interested in areas with great school districts and community amenities.

Rent Prices In Pearl, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pearl, MS, is on a rollercoaster ride. The average rent price in Pearl, MS, is $1,297.00. Indeed, when looking to rent in Pearl, MS, you can expect to pay as little as $610.00 or as much as $2,780.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Pearl, 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.