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There are currently 972 real estate properties in Itta Bena, MS, with a median automated valuation model (AVM) price of $71,334.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Itta Bena, 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 Itta Bena, MS, is $101,957.00, with the most expensive house in Itta Bena, MS, topping out at $1,917,000.00 and the cheapest home in Itta Bena, MS, clocking in at $16,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Itta Bena, MS!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Itta Bena, MS, is on a rollercoaster ride. The average rent price in Itta Bena, MS, is $1,006.00. Indeed, when looking to rent in Itta Bena, MS, you can expect to pay as little as $540.00 or as much as $1,760.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Itta Bena, 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.
Itta Bena is located in Leflore, Mississippi, with an estimated municipal population of 1,809 residents. All of the best foreclosed homes for sale in Itta Bena are located in the following zip code areas on Foreclosure.com: 38941. The estimated population per square kilometer (.62 miles) in Itta Bena is 495.
So, about how much do homes cost in Itta Bena? The most recent median value of resident-owned homes in Itta Bena is 55,008. An estimated 41.8 percent of households in Itta Bena own their homes, with an average family size of 3.32. The median household income in Itta Bena is 17,210, with5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Itta Bena, the median commute time of resident workers (in minutes) is 14.4. And last, but certainly not least, are you looking for homes to rent in Itta Bena? If so, the average rent price paid by renters in Itta Bena is 582, according to recent statistics.
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 Itta Bena, 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 Itta Bena is 37.8, split between 42 percent male versus 58 female. The percentage of residents who report being married in Itta Bena is 28.4, with an average family size of 3.32.
The percentage of residents who report their race in Itta Bena is as follows:
| White | 8.7% |
| Black / African American | 90.2% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.1% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Itta Bena? Or maybe you are searching for 55+ active adult communities in and/or near Itta Bena?
The percentage of residents who report their age in Itta Bena is as follows:
| Under 10 | 12.1% |
| Aged 10-19 | 14.4% |
| 20s | 12% |
| 30s | 13.6% |
| 40s | 6.7% |
| 50s | 14.3% |
| 60s | 12.1% |
| 70s | 10.2% |
| 80+ | 4.6% |
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 Itta Bena with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Itta Bena.
How do you know that living in -- or moving to -- Itta Bena is right where you need to be? Perhaps you grew up in Itta Bena or already live nearby; therefore, the decision to buy a home in Itta Bena is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Itta Bena 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 Itta Bena:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Itta Bena.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Itta Bena can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Itta Bena, meanwhile, can field multiple offers from more qualified buyers.
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