House Prices

House Prices & Home Values Lake Cormorant, MS 2026


Average Data

average house price$165,176
average size per house1455 ft²
average price per ft²114 $ / ft²

04/18/2026 - The value range (VR) for house prices in Lake Cormorant, MS is $149/ sqft to $149/ sqft. An average home with 1455 sqft costs approximately $216,795 to $216,795. Lake Cormorant, MS includes 1 ZIP codes and it is located in DeSoto county. The lowest prices are found in ZIP 38641, while the highest are in ZIP 38641. The average price per sqare feet is $114. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Lake Cormorant

38641136 $ / ft²




Historical development of home values in Lake Cormorant

Year Estimated value (USD) Change vs. 2025
2010 $76,711 -53.6%
2011 $73,744 -55.4%
2012 $73,546 -55.5%
2013 $76,295 -53.8%
2014 $80,088 -51.5%
2015 $84,199 -49.0%
2016 $88,593 -46.4%
2017 $93,375 -43.5%
2018 $98,537 -40.3%
2019 $103,106 -37.6%
2020 $108,436 -34.4%
2021 $123,334 -25.3%
2022 $143,780 -13.0%
2023 $151,623 -8.2%
2024 $160,394 -2.9%
2025 $165,176 0.0%

Graph: estimated home values in Lake Cormorant over time (USD)



Example: 100% financing house in Lake Cormorant

Loan amount: $165,176

Interest rate: 6.00%

Fixed monthly payment: $990.31

Breakdown in the 1st month:
Interest portion: $825.88  –  Principal portion: $164.43

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,855.38 $2,028.38 $163,147.62
2 $9,730.28 $2,153.49 $160,994.13
3 $9,597.45 $2,286.31 $158,707.82
4 $9,456.44 $2,427.32 $156,280.50
5 $9,306.73 $2,577.04 $153,703.46
6 $9,147.78 $2,735.98 $150,967.48
7 $8,979.03 $2,904.73 $148,062.75
8 $8,799.87 $3,083.89 $144,978.86
9 $8,609.67 $3,274.10 $141,704.77
10 $8,407.73 $3,476.03 $138,228.73
11 $8,193.33 $3,690.43 $134,538.30
12 $7,965.72 $3,918.05 $130,620.26
13 $7,724.06 $4,159.70 $126,460.55
14 $7,467.50 $4,416.26 $122,044.29
15 $7,195.11 $4,688.65 $117,355.64
16 $6,905.93 $4,977.84 $112,377.80
17 $6,598.91 $5,284.86 $107,092.95
18 $6,272.95 $5,610.82 $101,482.13
19 $5,926.88 $5,956.88 $95,525.25
20 $5,559.48 $6,324.29 $89,200.96
21 $5,169.41 $6,714.35 $82,486.61
22 $4,755.28 $7,128.48 $75,358.13
23 $4,315.61 $7,568.15 $67,789.98
24 $3,848.83 $8,034.94 $59,755.04
25 $3,353.25 $8,530.51 $51,224.53
26 $2,827.10 $9,056.66 $42,167.87
27 $2,268.51 $9,615.25 $32,552.61
28 $1,675.46 $10,208.30 $22,344.31
29 $1,045.84 $10,837.93 $11,506.39
30 $377.38 $11,506.39 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lake Cormorant, MS


1500 sqft3900 sqft
Ø selling price$206,911$440,155
Ø fast selling$188,101$396,139
Ø high price sale$225,721$484,170

In 2026, houses in Lake Cormorant, MS will be offered at an average price of $114 per square foot. A 1,500 sqft home priced at $206,911 is 20.98% more expensive per square foot than a 3,900 sqft home priced at $440,155. Home prices in Lake Cormorant, MS vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $304,722. Sellers who can wait longer may achieve a higher price of up to $372,439.


Lake Cormorant, MS: Delta Community Guide

Overview

Nestled in DeSoto County, Lake Cormorant, MS is a quiet Mississippi Delta community known for wide?open farmland and river?country charm.
Travelers and homebuyers appreciate its small?town feel, convenient location, and access to the Mississippi River corridor.

Location & Access

Located just off U.S. 61 southwest of Walls, Lake Cormorant offers quick access to Memphis employers, hospitals, and attractions.

Its position near the Great River Road makes weekend road trips and logistics?friendly commutes simple.

Nature & Recreation

The area offers abundant outdoor recreation, from backwater exploration to seasonal birdwatching along the Mississippi Flyway.

Anglers and paddlers enjoy nearby oxbows and lakes for quiet fishing and sunrise launches.

Community & Lifestyle

Residents value a close?knit community with local churches, agrarian traditions, and access to DeSoto County schools and services.

Housing ranges from rural homesites to acreage, providing value?minded real estate opportunities.

History & Economy

Rooted in Delta heritage, Lake Cormorant?s economy blends modern logistics with productive row?crop agriculture.

Historic sites and river levees tell the story of settlement, flood control, and the evolving role of the river.



FAQ – Home Values in Lake Cormorant

What is the median home value in Lake Cormorant in 2026?

In 2026, the typical home value in Lake Cormorant is about $165,176 for an average home size of 1455 square feet. This corresponds to an average price of roughly $114 per square foot.

What is the average cost per square foot in Lake Cormorant?

In 2026, homes in Lake Cormorant sell for an average of around $114 per square foot, with a typical range between $149 and $149 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lake Cormorant is about 1455 square feet, with an estimated 2026 value around $165,176.



Locations close to Lake Cormorant, MS

Lamar, MS149 $ / ft²
Lambert, MS89 $ / ft²
Lula, MS131 $ / ft²
Jonestown, MS117 $ / ft²
Horn Lake, MS115 $ / ft²
Holly Springs, MS126 $ / ft²
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