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Cheap Homes in Tunica, MS

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Tunica, MS Foreclosures

How much do homes sell for in Tunica, MS?
The average home price is currently $132,736.
What’s the average rental cost in Tunica, MS?
The average rental price in Tunica is $859.
What is the most expensive home in Tunica?
The most expensive home sold in Tunica had a price of $1,372,500.
What is currently the cheapest priced home in Tunica, MS?
The cheapest home for sale in Tunica is priced at $15,000.

Living in Tunica, MS

Tunica, MS offers a unique blend of small-town charm and modern entertainment options, centered around its famed casinos along the Mississippi River. The community provides a variety of recreational activities, access to educational institutions, and a welcoming environment for families and individuals alike.

Current Market Conditions in Tunica, MS

The real estate market in Tunica, MS has shown signs of growth over the past year, with increased demand for homes due to the area's entertainment options and relatively affordable housing prices compared to nearby cities. Many families and retirees are drawn to Tunica for its community feel and outdoor activities.

Currently, the market shows a healthy balance between supply and demand, with prices steadily increasing as interest in the area grows. This trend reflects an overall stabilization in the market as investors and homebuyers recognize Tunica as an attractive place to live.

Home Value Estimator For Tunica, MS

There are currently 1,447 real estate properties in Tunica, MS, with a median automated valuation model (AVM) price of $102,977.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tunica, 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 Tunica, MS, is $132,736.00, with the most expensive house in Tunica, MS, topping out at $1,372,500.00 and the cheapest home in Tunica, MS, clocking in at $15,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Tunica, MS!

Rent Prices In Tunica, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tunica, MS, is on a rollercoaster ride. The average rent price in Tunica, MS, is $859.00. Indeed, when looking to rent in Tunica, MS, you can expect to pay as little as $450.00 or as much as $1,980.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Tunica, 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 Tunica, MS


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