Active Listings
11
⇧ 10% vs 10 last year
Data as of March 2026. Source: Realtor.com.
The LAKE CORMORANT, MS real estate market (38641) currently shows 11 active listings, with 2 pending sales. Homes are averaging 71 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 71 days on market compared to 44 days last year.
The median listing price has fallen 31.3% year-over-year, from $575,000 to $395,000.
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 March 2026, there are 11 active listings in LAKE CORMORANT, MS (zip code 38641), compared to 10 the prior year.
The median listing price in LAKE CORMORANT, MS 38641 is $395,000 as of March 2026, a 31.3% decrease from $575,000 the prior year.
Homes in LAKE CORMORANT, MS 38641 spend an average of 71 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LAKE CORMORANT, MS 38641 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 71 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CORMORANT, MS 38641 save an estimated $7,900 compared to a typical 5% commission on the median listing price of $395,000. 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.