There are currently 2,673 real estate properties in Terry, MS, with a median automated valuation model (AVM) price of $213,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Terry, 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 Terry, MS, is $218,756.00, with the most expensive house in Terry, MS, topping out at $1,177,000.00 and the cheapest home in Terry, MS, clocking in at $41,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Terry, MS!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Terry, MS, is on a rollercoaster ride. The average rent price in Terry, MS, is $1,523.00. Indeed, when looking to rent in Terry, MS, you can expect to pay as little as $760.00 or as much as $2,700.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Terry, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Terry, MS area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Terry, MS and much more. Save thousands at closing with home foreclosure listings in Terry, MS — up to 75% off market value!
Terry is located in Hinds, Mississippi, with an estimated municipal population of 1,227 residents. All of the best foreclosed homes for sale in Terry are located in the following zip code areas on Foreclosure.com: 39170. The estimated population per square kilometer (.62 miles) in Terry is 124.
So, about how much do homes cost in Terry? The most recent median value of resident-owned homes in Terry is 151,851. An estimated 78.8 percent of households in Terry own their homes, with an average family size of 3.2. The median household income in Terry is 53,295, with17.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Terry, the median commute time of resident workers (in minutes) is 27.8. And last, but certainly not least, are you looking for homes to rent in Terry? If so, the average rent price paid by renters in Terry is 809, 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 Terry, 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 Terry is 37.7, split between 46 percent male versus 54 female. The percentage of residents who report being married in Terry is 40.5, with an average family size of 3.2.
The percentage of residents who report their race in Terry is as follows:
|Black / African American||71.1%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Terry? Or maybe you are searching for 55+ active adult communities in and/or near Terry?
The percentage of residents who report their age in Terry is as follows:
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 Terry with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Terry.
How do you know that living in -- or moving to -- Terry is right where you need to be? Perhaps you grew up in Terry or already live nearby; therefore, the decision to buy a home in Terry is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Terry 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 Terry:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Terry.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Terry can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Terry, meanwhile, can field multiple offers from more qualified buyers.