Data as of September 2026. Source: Realtor.com.
The LAKE CORMORANT, MS real estate market (38641) currently shows 17 active listings, with 3 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 57 days on market compared to 73 days last year.
The median listing price has risen 14.4% year-over-year, from $334,625 to $382,950.
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 September 2026, there are 17 active listings in LAKE CORMORANT, MS (zip code 38641), compared to 18 the prior year.
The median listing price in LAKE CORMORANT, MS 38641 is $382,950 as of September 2026, a 14.4% increase from $334,625 the prior year.
Homes in LAKE CORMORANT, MS 38641 spend an average of 57 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKE CORMORANT, MS 38641 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CORMORANT, MS 38641 save an estimated $7,659 compared to a typical 5% commission on the median listing price of $382,950. 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.