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Foreclosure Homes in Petal, MS 39465

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Petal, MS Foreclosures

How much do homes sell for in Petal, MS?
The average home price is currently $220,773.
In Petal, MS, how many homes are available?
There are currently 52 active home listings available in Petal.
What’s the average rental cost in Petal, MS?
The average rental price in Petal is $1,210.
What is the most expensive home in Petal?
The most expensive home sold in Petal had a price of $1,311,360.
What is currently the cheapest priced home in Petal, MS?
The cheapest home for sale in Petal is priced at $11,335.

Living in Petal, MS

Petal, MS is a welcoming small town known for its community spirit and beautiful parks, making it ideal for families and outdoor enthusiasts. With strong educational institutions and a range of amenities, Petal offers a comfortable lifestyle for its residents.

Current Market Conditions in Petal, MS

The real estate market in Petal, MS is currently stable, with a healthy mix of inventory and demand. Homes are selling at a reasonable pace, and buyers are showing interest in the available properties, which range from modest single-family homes to more upscale options with larger lots.

Over the past few months, the market has seen a slight increase in home prices due to steady demand, but it remains affordable compared to other areas in Mississippi. Investors are looking at Petal as an emerging market due to its growing population and quality of life.

Home Value Estimator For Petal, MS

There are currently 7,526 real estate properties in Petal, MS, with a median automated valuation model (AVM) price of $203,543.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Petal, 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 Petal, MS, is $220,773.00, with the most expensive house in Petal, MS, topping out at $1,311,360.00 and the cheapest home in Petal, MS, clocking in at $11,335.00. In other words, there’s something for every potential homebuyer or savvy investor in Petal, MS!

Rent Prices In Petal, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Petal, MS, is on a rollercoaster ride. The average rent price in Petal, MS, is $1,210.00. Indeed, when looking to rent in Petal, MS, you can expect to pay as little as $580.00 or as much as $2,400.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Petal, 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.

Petal, MS 39465 Foreclosures


Market Trend for Petal, MS

Total Listings Available: 52

Market Values:

Home Prices from $11,335 to $1,311,360

Average Sales Price: $220,773

Rental Values:

Rental from $580 to $2,400

Average Rent Value: $1,210 / month

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