Tougaloo, MS Foreclosures
How much do homes sell for in Tougaloo, MS?
The average home price is currently $73,993.
In Tougaloo, MS, how many homes are available?
There are currently 887 active home listings available in Tougaloo.
What’s the average rental cost in Tougaloo, MS?
The average rental price in Tougaloo is $1,078.
What is the most expensive home in Tougaloo?
The most expensive home sold in Tougaloo had a price of $186,144.
What is currently the cheapest priced home in Tougaloo, MS?
The cheapest home for sale in Tougaloo is priced at $41,900.
Living in Tougaloo, MS
Tougaloo, Mississippi, is a charming suburban town known for its rich history and close-knit community feel. Located near Jackson, it offers residents access to both serene living and urban conveniences. The town supports a variety of educational, recreational, and cultural activities, making it a great place for families and individuals alike.
Current Market Conditions in Tougaloo, MS
The real estate market in Tougaloo is currently experiencing a steady demand with home prices reflecting a gradual increase. The town's appeal, particularly for first-time homebuyers, makes it an attractive option compared to nearby urban areas. The average home sale price has increased moderately, demonstrating a healthy market, but remains affordable in contrast to the state and national averages.
Interest rates have fluctuated recently, leading to some cautiousness among buyers. However, the availability of inventory remains stable, and houses are generally moving quickly. Investors are showing interest due to the potential for rental income given the proximity to educational institutions.
Home Value Estimator For Tougaloo, MS
There are currently 22 real estate properties
in Tougaloo, MS,
with a median automated valuation model (AVM) price
of $61,346.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tougaloo, 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 Tougaloo, MS,
is $73,993.00, with the most expensive house
in Tougaloo, MS, topping out
at $186,144.00 and the cheapest home
in Tougaloo, MS,
clocking in at $41,900.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tougaloo, MS!
Rent Prices
In Tougaloo, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tougaloo, MS, is on
a rollercoaster ride. The
average rent price in Tougaloo, MS,
is $1,078.00. Indeed, when looking to rent in
Tougaloo, MS, you can expect to pay as little
as $750.00 or as much
as $1,520.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Tougaloo, 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
