Active Listings
14
⇩ 12.5% vs 16 last year
Data as of June 2026. Source: Realtor.com.
The LAKE CORMORANT, MS real estate market (38641) currently shows 14 active listings, with 4 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 69 days on market compared to 71 days last year.
The median listing price has fallen 9.4% year-over-year, from $512,425 to $464,200.
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 June 2026, there are 14 active listings in LAKE CORMORANT, MS (zip code 38641), compared to 16 the prior year.
The median listing price in LAKE CORMORANT, MS 38641 is $464,200 as of June 2026, a 9.4% decrease from $512,425 the prior year.
Homes in LAKE CORMORANT, MS 38641 spend an average of 69 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LAKE CORMORANT, MS 38641 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 69 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CORMORANT, MS 38641 save an estimated $9,284 compared to a typical 5% commission on the median listing price of $464,200. 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.