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Foreclosure Homes in Southaven, MS 38671

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Southaven, MS Foreclosures

How much do homes sell for in Southaven, MS?
The average home price is currently $275,566.
In Southaven, MS, how many homes are available?
There are currently 197 active home listings available in Southaven.
What’s the average rental cost in Southaven, MS?
The average rental price in Southaven is $1,354.
What is the most expensive home in Southaven?
The most expensive home sold in Southaven had a price of $3,529,400.
What is currently the cheapest priced home in Southaven, MS?
The cheapest home for sale in Southaven is priced at $12,287.

Living in Southaven, MS

Southaven, MS, is a thriving city that combines suburban comfort with easy access to the vibrant culture of Memphis, TN. Known for its excellent schools and plentiful parks, Southaven provides a family-friendly environment that's perfect for raising children. With plenty of shopping, dining, and recreational opportunities, this city has something for everyone.

Current Market Conditions in Southaven, MS

Southaven's real estate market is currently experiencing a strong demand, driven by its affordability relative to the nearby Memphis area. Homes are selling quickly due to low inventory and high interest from out-of-state buyers seeking a more relaxed lifestyle without sacrificing convenience.

The market has shown consistent growth over the past few years, with home prices steadily increasing. The demand for single-family homes in Southaven is particularly high, reflecting a trend of families relocating to suburban areas for better quality of life.

Home Value Estimator For Southaven, MS

There are currently 19,306 real estate properties in Southaven, MS, with a median automated valuation model (AVM) price of $260,011.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Southaven, 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 Southaven, MS, is $275,566.00, with the most expensive house in Southaven, MS, topping out at $3,529,400.00 and the cheapest home in Southaven, MS, clocking in at $12,287.00. In other words, there’s something for every potential homebuyer or savvy investor in Southaven, MS!

Rent Prices In Southaven, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Southaven, MS, is on a rollercoaster ride. The average rent price in Southaven, MS, is $1,354.00. Indeed, when looking to rent in Southaven, MS, you can expect to pay as little as $560.00 or as much as $4,300.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Southaven, 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.

Southaven, MS 38671 Foreclosures


Market Trend for Southaven, MS

Total Listings Available: 197

Market Values:

Home Prices from $12,287 to $3,529,400

Average Sales Price: $275,566

Rental Values:

Rental from $560 to $4,300

Average Rent Value: $1,354 / month

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