Active Listings
10
⇧ 66.7% vs 6 last year
Population: 2,030 · Density: 10.2/mi² · Median household income: $76,406
Typical home value: $170,355 · Homeownership: 94.6%
Data as of January 2026. Source: Realtor.com.
The LAKE CORMORANT, MS real estate market (38641) currently shows 10 active listings, with 3 pending sales. Homes are averaging 131 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 131 days on market compared to 107 days last year.
The median listing price has fallen 24.3% year-over-year, from $419,625 to $317,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38641 | Lake Cormorant, MS 38641 | 0.0 mi | 10 | $4,277,670 | $317,500 | $427,767 |
| 38637 | Horn Lake, MS 38637 | 8.3 mi | 54 | $14,522,652 | $225,000 | $268,938 |
| 38651 | Nesbit, MS 38651 | 10.4 mi | 85 | $36,966,585 | $395,000 | $434,901 |
| 38671 | Southaven, MS 38671 | 11.5 mi | 105 | $28,806,855 | $264,900 | $274,351 |
| 38116 | Memphis, TN 38116 | 13.2 mi | 70 | $12,959,520 | $175,000 | $185,136 |
| 38672 | Southaven, MS 38672 | 13.6 mi | 111 | $45,099,411 | $398,450 | $406,301 |
| 72301 | West Memphis, AR 72301 | 15.7 mi | 107 | $21,343,290 | $167,200 | $199,470 |
| 38118 | Memphis, TN 38118 | 17.0 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38114 | Memphis, TN 38114 | 17.3 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38104 | Memphis, TN 38104 | 18.7 mi | 143 | $49,279,659 | $299,000 | $344,613 |
| 38676 | Tunica, MS 38676 | 19.2 mi | 4 | $392,000 | $98,000 | $98,000 |
| 38618 | Coldwater, MS 38618 | 20.1 mi | 23 | $7,843,713 | $329,900 | $341,031 |
| 38107 | Memphis, TN 38107 | 20.4 mi | 104 | $17,337,424 | $141,250 | $166,706 |
As of January 2026, there are 10 active listings in LAKE CORMORANT, MS (zip code 38641), compared to 6 the prior year.
The median listing price in LAKE CORMORANT, MS 38641 is $317,500 as of January 2026, a 24.3% decrease from $419,625 the prior year.
Homes in LAKE CORMORANT, MS 38641 spend an average of 131 days on the market before going under contract, compared to 107 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE CORMORANT, MS 38641 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 131 days on market compared to 107 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CORMORANT, MS 38641 save an estimated $6,350 compared to a typical 5% commission on the median listing price of $317,500. 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.