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Cheap Homes in Terry, MS

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Terry, MS Foreclosures

Current Market Conditions in in Terry, MS As of February 2026?
Over the past month, the housing market in Terry has experienced a slight uptick in activity with an increase in showings and buyer interest. Inventory levels remain low, which has created a competitive environment for home buyers. The rising prices, however, remain reasonable when compared to urban counterparts, maintaining the town’s appeal as an affordable alternative.
How much do homes sell for in Terry, MS?
The average home price is currently $262,856.
In Terry, MS, how many homes are available?
There are currently 43 active home listings available in Terry.
What’s the average rental cost in Terry, MS?
The average rental price in Terry is $1,512.
What is the most expensive home in Terry?
The most expensive home sold in Terry had a price of $1,346,306.
What is currently the cheapest priced home in Terry, MS?
The cheapest home for sale in Terry is priced at $25,257.

Living in Terry, MS

Terry, MS is a peaceful small town just south of Jackson, offering a friendly community atmosphere and an abundance of outdoor activities. With good schools and easy access to urban amenities, it is an ideal location for families and individuals looking for a quiet lifestyle with the convenience of city proximity.

Buyer vs Seller Market in Terry, MS

Terry's real estate market remains stable, with a mix of single-family homes and new developments appealing to different buyer segments. Homes in the area provide affordable housing options compared to nearby Jackson, attracting first-time homebuyers and families seeking more space.

In recent months, Terry has seen an increase in buyer interest, particularly from those relocating from larger cities looking for a quieter lifestyle. This trend is driving demand and helping home values to appreciate gradually.

Home Value Estimator For Terry, MS

There are currently 3,702 real estate properties in Terry, MS, with a median automated valuation model (AVM) price of $252,293.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Terry, 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 Terry, MS, is $262,856.00, with the most expensive house in Terry, MS, topping out at $1,346,306.00 and the cheapest home in Terry, MS, clocking in at $25,257.00. In other words, there’s something for every potential homebuyer or savvy investor in Terry, MS!

Rent Prices In Terry, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Terry, MS, is on a rollercoaster ride. The average rent price in Terry, MS, is $1,512.00. Indeed, when looking to rent in Terry, MS, you can expect to pay as little as $690.00 or as much as $2,710.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Terry, 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.

Cheap Homes in Terry, MS

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