Sumner, MS Foreclosures
How much do homes sell for in Sumner, MS?
The average home price is currently $123,117.
What’s the average rental cost in Sumner, MS?
The average rental price in Sumner is $1,100.
What is the most expensive home in Sumner?
The most expensive home sold in Sumner had a price of $392,111.
What is currently the cheapest priced home in Sumner, MS?
The cheapest home for sale in Sumner is priced at $40,276.
Living in Sumner, MS
Sumner is a small, picturesque town nestled in Mississippi, offering a tight-knit community atmosphere and a rich cultural heritage. Residents enjoy a slower pace of life with local festivals and events that celebrate the town's deep roots. The town provides access to essential amenities while being surrounded by beautiful natural landscapes and recreational opportunities.
Current Market Conditions in Sumner, MS
The real estate market in Sumner remains stable, with modest trends indicating consistent pricing in the affordable range. Recent months have shown an increase in buyer interest, likely due to the town's affordability and family-friendly atmosphere. As more people look to escape the hustle and bustle of larger cities, Sumner presents an attractive option with its quaint charm and community spirit.
In the last quarter, listings in Sumner have seen a gradual appreciation, particularly for well-maintained homes that reflect the town's character. Homes in the area typically range from quaint bungalows to newer constructions, and first-time buyers are particularly drawn to the values available.
Investors are also showing interest in rental properties as demand for affordable housing grows, further energizing the market. Sellers in Sumner are encouraged to price their homes competitively to attract buyers amidst increased competition.
Home Value Estimator For Sumner, MS
There are currently 118 real estate properties
in Sumner, MS,
with a median automated valuation model (AVM) price
of $105,441.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sumner, 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 Sumner, MS,
is $123,117.00, with the most expensive house
in Sumner, MS, topping out
at $392,111.00 and the cheapest home
in Sumner, MS,
clocking in at $40,276.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sumner, MS!
Rent Prices
In Sumner, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sumner, MS, is on
a rollercoaster ride. The
average rent price in Sumner, MS,
is $1,100.00. Indeed, when looking to rent in
Sumner, MS, you can expect to pay as little
as $710.00 or as much
as $1,910.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Sumner, 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
