Lake Cormorant, MS Home Values & Market Trends
Real estate market trends reflect that there have been 17 transactions over the past year in Lake Cormorant. The median value for residential home transactions that occurred over the previous year is $348,122. The number of current listings in Lake Cormorant is 21, and the percentage of properties for sale in the city is 21.00%. Lake Cormorant, MS currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 21 properties for sale.
Lake Cormorant, MS Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 38641 | $ 348,122 $ 141/sqft |
Housing Market Summary for Lake Cormorant, MS
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $412.5K | $525K | 27.27% |
| Median Sold Price | $240.7K | $316.7K | 31.57% |
| Homes For Sale | 17 | 22 | 29.41% |
| Homes Sold | 12 | 11 | -8.33% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake Cormorant, MS
Browse Homes in Lake Cormorant, MS
Lake Cormorant home values range from $220,118 to $1,250,000. The median estimated value of a home in Lake Cormorant is $348,122. The median list price of a home is 525,000, and the total count of properties in the city is 33.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lake Cormorant, MS with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Cormorant, MS; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Cormorant, MS ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lake Cormorant, MS. There is 1 zips within Lake Cormorant, MS; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions38641 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Cormorant, MS. Auction homes and other auction properties account for 3.03% of all properties in Lake Cormorant, MS. There is 1 zips within Lake Cormorant, MS; of that zips, the median estimated home value for homes going to auction ranges from $602,128 in 38641 to the lowest value of $602,128 in 38641.
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Guide for Lake Cormorant, MS
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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