Active Listings
13
— vs 13 last year
Data as of April 2026. Source: Realtor.com.
The LAKE CORMORANT, MS real estate market (38641) currently shows 13 active listings, with 4 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 44 days on market compared to 27 days last year.
The median listing price has fallen 32.4% year-over-year, from $584,500 to $394,950.
Whether you are buying or selling in LAKE CORMORANT, MS, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 2,030 · Density: 10.2/mi² · Median household income: $76,406
Typical home value: $170,355 · Homeownership: 94.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38641 | Lake Cormorant, MS 38641 | 0.0 mi | 8 | $4,005,664 | $356,250 | $500,708 |
| 38637 | Horn Lake, MS 38637 | 8.3 mi | 54 | $14,868,684 | $227,000 | $275,346 |
| 38651 | Nesbit, MS 38651 | 10.4 mi | 87 | $37,626,456 | $401,400 | $432,488 |
| 38632 | Hernando, MS 38632 | 12.6 mi | 189 | $95,780,664 | $423,900 | $506,776 |
| 72348 | Hughes, AR 72348 | 13.5 mi | 20 | $10,198,340 | $399,225 | $509,917 |
| 72376 | Proctor, AR 72376 | 14.3 mi | 8 | $3,505,368 | $334,500 | $438,171 |
| 38106 | Memphis, TN 38106 | 15.8 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38126 | Memphis, TN 38126 | 17.2 mi | 15 | $2,864,100 | $185,000 | $190,940 |
| 38103 | Memphis, TN 38103 | 18.6 mi | 142 | $56,742,916 | $349,950 | $399,598 |
| 38105 | Memphis, TN 38105 | 18.9 mi | 16 | $4,734,816 | $216,000 | $295,926 |
| 38111 | Memphis, TN 38111 | 19.6 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38141 | Memphis, TN 38141 | 20.2 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38112 | Memphis, TN 38112 | 20.5 mi | 78 | $21,691,098 | $242,475 | $278,091 |
As of April 2026, there are 13 active listings in LAKE CORMORANT, MS (zip code 38641), compared to 13 the prior year.
The median listing price in LAKE CORMORANT, MS 38641 is $394,950 as of April 2026, a 32.4% decrease from $584,500 the prior year.
Homes in LAKE CORMORANT, MS 38641 spend an average of 44 days on the market before going under contract, compared to 27 days the prior year.
Based on current inventory and days-on-market data as of April 2026, LAKE CORMORANT, MS 38641 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 44 days on market compared to 27 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CORMORANT, MS 38641 save an estimated $7,899 compared to a typical 5% commission on the median listing price of $394,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.