Active Listings
13
⇩ 18.8% vs 16 last year
Data as of July 2026. Source: Realtor.com.
The LAKE CORMORANT, MS real estate market (38641) currently shows 13 active listings, with 3 pending sales. Homes are averaging 78 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 78 days on market compared to 82 days last year.
The median listing price has fallen 20.6% year-over-year, from $515,725 to $409,650.
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 July 2026, there are 13 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 $409,650 as of July 2026, a 20.6% decrease from $515,725 the prior year.
Homes in LAKE CORMORANT, MS 38641 spend an average of 78 days on the market before going under contract, compared to 82 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LAKE CORMORANT, MS 38641 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 78 days on market compared to 82 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CORMORANT, MS 38641 save an estimated $8,193 compared to a typical 5% commission on the median listing price of $409,650. 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.