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Rent To Own Homes in Shelby, MS

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Living in Shelby, MS

Shelby, MS, is a charming small town nestled in the Delta region known for its friendly community and laid-back Southern lifestyle. Residents enjoy local amenities, lush outdoor spaces, and a rich cultural history. The town is perfect for those seeking tranquility and a sense of belonging in a welcoming environment.

Current Market Conditions in Shelby, MS

Shelby's real estate market has remained stable in recent months, with prices reflecting the demand for affordable housing in the area. The town has seen an increase in interest from buyers looking for a peaceful retreat away from bustling urban centers, driving market activity.

Current trends indicate that homes in Shelby are typically priced lower than the national average, making it an attractive option for first-time home buyers and those looking to invest in rental properties. As the market continues to evolve, there is potential for growth, especially with an increase in remote working.

Home Value Estimator For Shelby, MS

There are currently 783 real estate properties in Shelby, MS, with a median automated valuation model (AVM) price of $54,513.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shelby, 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 Shelby, MS, is $77,972.00, with the most expensive house in Shelby, MS, topping out at $1,570,100.00 and the cheapest home in Shelby, MS, clocking in at $11,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Shelby, MS!

Rent Prices In Shelby, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shelby, MS, is on a rollercoaster ride. The average rent price in Shelby, MS, is $921.00. Indeed, when looking to rent in Shelby, MS, you can expect to pay as little as $580.00 or as much as $1,920.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Shelby, 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.

Shelby, MS Rent To Own Homes

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