Sherman, MS Foreclosures
How much do homes sell for in Sherman, MS?
The average home price is currently $160,753.
What’s the average rental cost in Sherman, MS?
The average rental price in Sherman is $1,107.
What is the most expensive home in Sherman?
The most expensive home sold in Sherman had a price of $795,609.
What is currently the cheapest priced home in Sherman, MS?
The cheapest home for sale in Sherman is priced at $43,548.
Living in Sherman, MS
Sherman, MS, is a picturesque small town known for its friendly community and beautiful natural surroundings. Residents enjoy a lifestyle that balances the tranquility of rural living with the amenities of nearby urban areas. With access to outdoor activities and quality schools, Sherman is an ideal place for families seeking a close-knit community.
Current Market Conditions in Sherman, MS
The current real estate market in Sherman, MS, is relatively stable, showing consistent demand for homes in the area. The prices have seen a modest increase over the previous year, with many families and individuals looking to settle down in this peaceful community. As more buyers are drawn to the area due to its affordability and quality of life, the market appears to remain competitive, especially for single-family homes.
Recent trends indicate a growing interest in Sherman, particularly among first-time buyers and retirees seeking a quieter lifestyle. As property values continue to rise gradually, this small market is becoming an appealing option for those looking to invest in real estate in Mississippi.
Home Value Estimator For Sherman, MS
There are currently 124 real estate properties
in Sherman, MS,
with a median automated valuation model (AVM) price
of $135,147.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sherman, 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 Sherman, MS,
is $160,753.00, with the most expensive house
in Sherman, MS, topping out
at $795,609.00 and the cheapest home
in Sherman, MS,
clocking in at $43,548.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sherman, MS!
Rent Prices
In Sherman, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sherman, MS, is on
a rollercoaster ride. The
average rent price in Sherman, MS,
is $1,107.00. Indeed, when looking to rent in
Sherman, MS, you can expect to pay as little
as $870.00 or as much
as $1,460.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Sherman, 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.
Learn more on Foreclosure homes
