There are currently 831 real estate properties in Toomsuba, MS, with a median automated valuation model (AVM) price of $85,796.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Toomsuba, 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 Toomsuba, MS, is $111,509.00, with the most expensive house in Toomsuba, MS, topping out at $692,098.00 and the cheapest home in Toomsuba, MS, clocking in at $21,335.00. In other words, there’s something for every potential homebuyer or savvy investor in Toomsuba, MS!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Toomsuba, MS, is on a rollercoaster ride. The average rent price in Toomsuba, MS, is $1,111.00. Indeed, when looking to rent in Toomsuba, MS, you can expect to pay as little as $590.00 or as much as $2,040.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Toomsuba, 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.
Toomsuba is located in Lauderdale, Mississippi, with an estimated municipal population of 928 residents. All of the best foreclosed homes for sale in Toomsuba are located in the following zip code areas on Foreclosure.com: 39364. The estimated population per square kilometer (.62 miles) in Toomsuba is 76.
So, about how much do homes cost in Toomsuba? The most recent median value of resident-owned homes in Toomsuba is 63,316. An estimated 100 percent of households in Toomsuba own their homes, with an average family size of 4.21. The median household income in Toomsuba is 48,450, with0 percentage of households earning at least $100,000 annually.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Toomsuba, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Toomsuba is 31.5, split between 45.7 percent male versus 54.3 female. The percentage of residents who report being married in Toomsuba is 36.7, with an average family size of 4.21.
The percentage of residents who report their race in Toomsuba is as follows:
| White | 43.2% |
| Black / African American | 56.8% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Toomsuba? Or maybe you are searching for 55+ active adult communities in and/or near Toomsuba?
The percentage of residents who report their age in Toomsuba is as follows:
| Under 10 | 13% |
| Aged 10-19 | 9.2% |
| 20s | 22.6% |
| 30s | 9.8% |
| 40s | 16.9% |
| 50s | 9.1% |
| 60s | 11.3% |
| 70s | 8.1% |
| 80+ | 0% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Toomsuba with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Toomsuba.
How do you know that living in -- or moving to -- Toomsuba is right where you need to be? Perhaps you grew up in Toomsuba or already live nearby; therefore, the decision to buy a home in Toomsuba is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Toomsuba for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Toomsuba:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Toomsuba.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Toomsuba can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Toomsuba, meanwhile, can field multiple offers from more qualified buyers.
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