Tupelo, MS Foreclosures
How much do homes sell for in Tupelo, MS?
The average home price is currently $236,193.
In Tupelo, MS, how many homes are available?
There are currently 5 active home listings available in Tupelo.
What’s the average rental cost in Tupelo, MS?
The average rental price in Tupelo is $1,220.
What is the most expensive home in Tupelo?
The most expensive home sold in Tupelo had a price of $4,880,200.
What is currently the cheapest priced home in Tupelo, MS?
The cheapest home for sale in Tupelo is priced at $21,500.
Living in Tupelo, MS
Tupelo, Mississippi, known as the birthplace of Elvis Presley, offers a unique blend of southern charm and modern amenities. The city is rich in history and culture, boasting numerous parks and recreational facilities. Residents enjoy a friendly community atmosphere, making it an ideal place for both families and retirees.
Current Market Conditions in Tupelo, MS
The real estate market in Tupelo is currently experiencing steady growth, with home prices showing a modest increase over the past year. The mixture of affordable housing options and attractive amenities makes Tupelo a desirable location for first-time homebuyers and retirees alike. With its historical significance and vibrant community, the demand for properties remains steady, supported by a growth in population and a strong economy.
In recent months, the market has shown positive signs, with a decreasing number of days on the market for homes. This trend indicates that buyers are increasingly interested in Tupelo's real estate, leading to more competitive offers. However, inventory remains balanced, allowing buyers a range of options without overwhelming competition.
Home Value Estimator For Tupelo, MS
There are currently 15,088 real estate properties
in Tupelo, MS,
with a median automated valuation model (AVM) price
of $195,379.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tupelo, 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 Tupelo, MS,
is $236,193.00, with the most expensive house
in Tupelo, MS, topping out
at $4,880,200.00 and the cheapest home
in Tupelo, MS,
clocking in at $21,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tupelo, MS!
Rent Prices
In Tupelo, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tupelo, MS, is on
a rollercoaster ride. The
average rent price in Tupelo, MS,
is $1,220.00. Indeed, when looking to rent in
Tupelo, MS, you can expect to pay as little
as $540.00 or as much
as $2,180.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Tupelo, 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
