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Preforeclosure Homes 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 $237,721.
In Red Banks, MS, how many homes are available?
There are currently 2 active home listings available in Red Banks.
What’s the average rental cost in Red Banks, MS?
The average rental price in Red Banks is $1,202.
What is the most expensive home in Red Banks?
The most expensive home sold in Red Banks had a price of $1,360,564.
What is currently the cheapest priced home in Red Banks, MS?
The cheapest home for sale in Red Banks is priced at $43,138.

Living in Red Banks, MS

Red Banks, MS, is a quaint community known for its serene living and strong community spirit. The town offers a peaceful lifestyle with access to outdoor activities and is close to attractive amenities in larger nearby towns. It's an ideal location for families and individuals looking for a tight-knit community atmosphere.

Current Market Conditions in Red Banks, MS

The real estate market in Red Banks has shown steady growth, attracting buyers who appreciate the area's affordability and charm. Homes in the region are competitively priced, making it a favorable option for first-time homebuyers and families seeking more space without the hustle of city living.

Many homes in Red Banks have seen an increase in value, particularly due to the spacious properties and unique features of the houses, such as large yards and outdoor spaces that are appealing to families. The community's friendly atmosphere further enhances its attractiveness to potential buyers.

Home Value Estimator For Red Banks, MS

There are currently 534 real estate properties in Red Banks, MS, with a median automated valuation model (AVM) price of $217,000.00. 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 $237,721.00, with the most expensive house in Red Banks, MS, topping out at $1,360,564.00 and the cheapest home in Red Banks, MS, clocking in at $43,138.00. 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 $1,202.00. 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 Preforeclosure Homes


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