Living in Vance, MS
Vance, MS offers a peaceful rural lifestyle with strong community values. This small town is perfect for those seeking a quieter life while being just a short drive from urban amenities. Outdoor activities abound, and the area is known for its friendly neighbors and vibrant local culture.
Current Market Conditions in Vance, MS
The real estate market in Vance, MS, is currently favorable for buyers, as prices remain stable and inventory is available. The community remains attractive for first-time homeowners and those looking to retire in a quieter setting. With low property taxes and affordable living costs, Vance offers a unique opportunity for real estate investment.
Interest rates have begun to stabilize, leading to a slight increase in buyer activity, particularly among families and retirees. However, prices have not risen sharply, which is encouraging for those looking to enter the market. As the job market shows signs of improvement, more prospects are considering Vance as a potential home.
Home Value Estimator For Vance, MS
There are currently 41 real estate properties
in Vance, MS,
with a median automated valuation model (AVM) price
of $101,652.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Vance, 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 Vance, MS,
is $145,282.00, with the most expensive house
in Vance, MS, topping out
at $419,705.00 and the cheapest home
in Vance, MS,
clocking in at $17,051.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Vance, MS!
Rent Prices
In Vance, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Vance, MS, is on
a rollercoaster ride. The
average rent price in Vance, MS,
is $949.00. Indeed, when looking to rent in
Vance, MS, you can expect to pay as little
as $650.00 or as much
as $1,740.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Vance, 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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