Sumner, MS Foreclosures
Current Market Conditions in in Sumner, MS As of March 2026?
Over the past month, the real estate market in Sumner has seen some notable changes. While inventory levels have remained relatively stable, an increase in demand for homes is evident. This has led to a slight uptick in average home prices, signaling a potential trend towards a more competitive market. Additionally, homes are spending less time on the market before being sold, indicating a revival in buyer interest, possibly prompted by regional economic improvements.
How much do homes sell for in Sumner, MS?
The average home price is currently $108,840.
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 $347,374.
What is currently the cheapest priced home in Sumner, MS?
The cheapest home for sale in Sumner is priced at $41,165.
Living in Sumner, MS
Sumner, MS is a quaint town that offers a serene living experience with a tight-knit community. With several parks and local amenities, it provides residents with a peaceful lifestyle while still being close to outdoor recreational activities and cultural experiences. Sumner is an ideal place for those looking to settle in a warm and welcoming environment.
Buyer vs Seller Market in Sumner, MS
The real estate market in Sumner, MS is currently displaying moderate activity, with a balanced number of buyers and sellers. Home prices have seen a slight increase, reflecting a growing interest in the area due to its affordable housing options and quality of life.
There has been an uptick in new listings over the past few months, suggesting that homeowners are looking to sell and capitalize on the market's potential. Investors are also showing interest due to the area's economic stability and development prospects.
Home Value Estimator For Sumner, MS
There are currently 127 real estate properties
in Sumner, MS,
with a median automated valuation model (AVM) price
of $93,073.00. 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 $108,840.00, with the most expensive house
in Sumner, MS, topping out
at $347,374.00 and the cheapest home
in Sumner, MS,
clocking in at $41,165.00. 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.
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