Is now a good time to buy land in Lake Cormorant, Mississippi?
Lake Cormorant, Mississippi is currently a strong buyer's market with 96.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
96.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | 1 | 3 | 5 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 4 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 11 |
Lake Cormorant, Mississippi is currently a strong buyer's market with 96.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Lake Cormorant, Mississippi currently has 96.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Lake Cormorant, Mississippi typically sells within 168 days of listing. The median time on market is 36 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Lake Cormorant, Mississippi is 1.0% (3-month basis), indicating slow demand. The top-performing broker in this market is Crye-Leike Of MS-SH.
The 3-month absorption rate in Lake Cormorant, Mississippi is 1.0%. The 12-month rate is 2.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Lake Cormorant, Mississippi saw 11 properties sold. In just the last 3 months, 1 properties changed hands.
There are currently 32 active listings in Lake Cormorant, Mississippi. The median asking price is $95K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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