Terry, MS Foreclosures
How much do homes sell for in Terry, MS?
The average home price is currently $265,461.
In Terry, MS, how many homes are available?
There are currently 42 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 $1,365,927.
What is currently the cheapest priced home in Terry, MS?
The cheapest home for sale in Terry is priced at $25,041.
Living in Terry, MS
Terry, Mississippi, is a quaint city that embodies small-town charm and community spirit. Located near Jackson, it offers families and individuals a peaceful lifestyle with access to parks, schools, and convenient shopping. Residents value the friendly atmosphere and the variety of outdoor activities available.
Current Market Conditions in Terry, MS
The real estate market in Terry, MS, has been showing signs of stability, with a steady demand for single-family homes. Buyers are attracted to the affordable prices compared to nearby Jackson, making it a popular choice for first-time homeowners and those looking to downsize. The community's appeal is enhancing demand, and homes typically sell within a few weeks.
In recent months, the market has experienced slight price increases, reflecting a growing interest in the area. The inventory remains limited, which is beneficial for sellers, although buyers still find opportunities due to the variety of housing types available. Investors are also looking into rental properties, drawn by the area's potential for steady rental income.
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 $254,612.00. 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 $265,461.00, with the most expensive house
in Terry, MS, topping out
at $1,365,927.00 and the cheapest home
in Terry, MS,
clocking in at $25,041.00. 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.
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