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Preforeclosure Homes in Sumrall, MS 39482

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Living in Sumrall, MS

Sumrall, MS, is a small, friendly town known for its warm community spirit and beautiful outdoor spaces. Residents enjoy a variety of recreational activities and benefit from a safe, family-oriented environment with excellent schools. Located conveniently near Hattiesburg, Sumrall offers a peaceful lifestyle with easy access to urban amenities.

Current Market Conditions in Sumrall, MS

The real estate market in Sumrall has shown steady growth over the last year, with an increase in the number of homes being sold. Buyers are drawn to the affordability of the housing available, as well as the town's charming atmosphere and community feel. The market is characterized by a mix of older homes and new construction, appealing to a diverse range of buyers.

As of now, homes are still being snapped up quickly due to high demand and low inventory levels. Many properties have been listed and sold within weeks, reflecting the competitive nature of the current market. With interest rates fluctuating, potential buyers are encouraged to act fast, as good homes are often off the market before they even get a chance to see them.

Home Value Estimator For Sumrall, MS

There are currently 3,529 real estate properties in Sumrall, MS, with a median automated valuation model (AVM) price of $213,792.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sumrall, 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 Sumrall, MS, is $232,994.00, with the most expensive house in Sumrall, MS, topping out at $4,117,600.00 and the cheapest home in Sumrall, MS, clocking in at $10,457.00. In other words, there’s something for every potential homebuyer or savvy investor in Sumrall, MS!

Rent Prices In Sumrall, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sumrall, MS, is on a rollercoaster ride. The average rent price in Sumrall, MS, is $1,089.00. Indeed, when looking to rent in Sumrall, MS, you can expect to pay as little as $620.00 or as much as $2,040.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Sumrall, 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.

Sumrall, MS 39482 Preforeclosure Homes


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