Data as of February 2026. Source: Realtor.com.
The LAKE CORMORANT, MS real estate market (38641) currently shows 8 active listings, with 1 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 85 days on market compared to 30 days last year.
The median listing price has risen 14.9% year-over-year, from $309,950 to $356,250.
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 | 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 February 2026, there are 8 active listings in LAKE CORMORANT, MS (zip code 38641), compared to 8 the prior year.
The median listing price in LAKE CORMORANT, MS 38641 is $356,250 as of February 2026, a 14.9% increase from $309,950 the prior year.
Homes in LAKE CORMORANT, MS 38641 spend an average of 85 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of February 2026, LAKE CORMORANT, MS 38641 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 85 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE CORMORANT, MS 38641 save an estimated $7,125 compared to a typical 5% commission on the median listing price of $356,250. 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.