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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 $278,335.
In Southaven, MS, how many homes are available?
There are currently 190 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 $12,594.

Living in Southaven, MS

Southaven, MS is a vibrant suburban community with a strong emphasis on family and education. With its proximity to Memphis, residents enjoy a wealth of amenities and outdoor activities. The city is characterized by friendly neighborhoods, a variety of shopping, and excellent schools.

Current Market Conditions in Southaven, MS

The real estate market in Southaven has been steadily growing, with an increase in home sales and housing prices over the past year. The demand for homes remains high due to the city’s attractive location and family-friendly environment. Buyers are drawn to the area for its affordability compared to nearby Memphis, contributing to the vibrant market activity.

Many homes are selling quickly, and the market has seen new construction developments to cater to the influx of buyers. This trend indicates a healthy growth trajectory, suggesting that Southaven will continue to attract residents looking for value in the housing market.

Home Value Estimator For Southaven, MS

There are currently 19,304 real estate properties in Southaven, MS, with a median automated valuation model (AVM) price of $263,814.00. 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 $278,335.00, 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 $12,594.00. 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: 190

Market Values:

Home Prices from $12,594 to $3,529,400

Average Sales Price: $278,335

Rental Values:

Rental from $560 to $4,300

Average Rent Value: $1,354 / month

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