Lake Cormorant Housing Market Report February 2025DeSoto County, Mississippi

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Housing Prices in Lake Cormorant, MS

How much do homes in Lake Cormorant, MS cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$310,000$162/SqFt
+$10,100
+3.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Lake Cormorant has increased by 3.4% since last year.

Summary: The median home list price in Lake Cormorant was $310,000 in February 2025, up 3.4% from the previous year, and the median price per square foot was $162.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Robinsonville
+29.4%
Lake Cormorant
+3.4%
Walls
-0.9%
Horn Lake
-4.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$272K-
N/A
3$294K$304.9K
+3.7%
4$350K$337.5K
-3.6%
5$468K$625K
+33.5%

Summary: Lake Cormorant housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +3.7%. The home price for 4 bedroom homes decreased by -3.6%. The home price for 5 bedroom homes increased by +33.5%.

How does Lake Cormorant, MS compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lake Cormorant, MS

Housing supply in Lake Cormorant, MS

How many homes are available in Lake Cormorant, MS?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
10Last MonthFeb 2025
62 months agoJan 2025
+66.7 %
Change MoMJan – Feb

Summary: The Lake Cormorant real estate market had 10 homes for sale in Feb 2025, a 66.7 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
366
0.0%
403
+100.0%
501
+100.0%

Summary: Lake Cormorant housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Lake Cormorant, MS cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Lake Cormorant, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Lake Cormorant in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Lake Cormorant, MS

How long does it take to sell a home in Lake Cormorant, MS?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
53 DaysThis YearFeb 2025
209 Days1 year agoFeb 2024
-74.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Lake Cormorant had an average listing age of 53 days in Feb 2025, down by 74.7% compared to the previous year.

Newest Listings in Lake Cormorant, MS

What homes are available in Lake Cormorant, MS?

MLS Disclaimers and Copyright

Based on information from MLS United, and Memphis MLS for the period 03/01/2023 - 03/01/2025

Information is deemed to be reliable but not guaranteed. Copyright 2025, MLS United, LLC.
Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by MLS United, LLC. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLS United, LLC. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. All properties are subject to prior sale, change or withdrawal.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.