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Short Sale Listings in Walnut, MS

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Living in Walnut, MS

Walnut is a charming small town located in Mississippi, known for its rich history and friendly community. The area offers a relaxed lifestyle with a blend of rural charm and access to urban amenities. Residents enjoy local parks, community events, and a strong sense of belonging.

Current Market Conditions in Walnut, MS

Currently, the real estate market in Walnut shows a healthy balance between supply and demand, with a range of home prices catering to different buyers. The town has seen new constructions and renovations, attracting families and retirees looking for affordable housing options. Walnut's small-town charm and affordability are significant draws for potential homebuyers.

As remote work becomes more common, Walnut is experiencing interest from buyers seeking homes outside of larger cities. This trend has caused a gradual increase in property values, though homes still remain more affordable compared to larger urban areas.

Home Value Estimator For Walnut, MS

There are currently 1,978 real estate properties in Walnut, MS, with a median automated valuation model (AVM) price of $128,422.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Walnut, 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 Walnut, MS, is $151,123.00, with the most expensive house in Walnut, MS, topping out at $1,747,200.00 and the cheapest home in Walnut, MS, clocking in at $10,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Walnut, MS!

Rent Prices In Walnut, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Walnut, MS, is on a rollercoaster ride. The average rent price in Walnut, MS, is $963.00. Indeed, when looking to rent in Walnut, MS, you can expect to pay as little as $570.00 or as much as $2,280.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Walnut, 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.

Walnut, MS Short Sale Listings


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