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Condo Foreclosures in Red Banks, MS

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Red Banks, MS Foreclosures

How much do homes sell for in Red Banks, MS?
The average home price is currently $253,007.
What’s the average rental cost in Red Banks, MS?
The average rental price in Red Banks is $1,201.
What is the most expensive home in Red Banks?
The most expensive home sold in Red Banks had a price of $1,341,566.
What is currently the cheapest priced home in Red Banks, MS?
The cheapest home for sale in Red Banks is priced at $44,292.

Living in Red Banks, MS

Red Banks, MS is a quaint community in Marshall County that offers a peaceful lifestyle surrounded by nature. The area features a close-knit community with local shops and restaurants, making it an inviting place to live. Education, outdoor activities, and family-friendly amenities cater to various residents' needs, from families to retirees.

Current Market Conditions in Red Banks, MS

The real estate market in Red Banks, MS is currently stable, with properties selling at a consistent pace. The demand for homes in this area remains steady as more individuals seek the tranquility and charm that Red Banks offers. Buyers can find a range of homes from quaint cottages to larger family residences, catering to diverse needs and preferences.

In recent months, there has been a slight increase in home prices as interest in the area grows among buyers. The combination of low inventory and heightened demand is driving a competitive market, although properties remain accessible for those willing to explore options diligently.

Home Value Estimator For Red Banks, MS

There are currently 549 real estate properties in Red Banks, MS, with a median automated valuation model (AVM) price of $231,369.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Red Banks, 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 Red Banks, MS, is $253,007.00, with the most expensive house in Red Banks, MS, topping out at $1,341,566.00 and the cheapest home in Red Banks, MS, clocking in at $44,292.00. In other words, there’s something for every potential homebuyer or savvy investor in Red Banks, MS!

Rent Prices In Red Banks, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Red Banks, MS, is on a rollercoaster ride. The average rent price in Red Banks, MS, is $1,201.00. Indeed, when looking to rent in Red Banks, MS, you can expect to pay as little as $530.00 or as much as $2,420.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Red Banks, 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.

Red Banks, MS Condos


Market Trend for Red Banks, MS

Total Listings Available: 0

Market Values:

Home Prices from $44,292 to $1,341,566

Average Sales Price: $253,007

Rental Values:

Rental from $530 to $2,420

Average Rent Value: $1,201 / month

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