Water Valley, MS

Water Valley is a small town located in the Mississippi Delta region. The population of Water Valley was just over 2,000 in 2010. The town is situated on the banks of the Yazoo River and is known for its fertile soil and cotton plantations.

Real estate in Water Valley has always been a popular investment option because of its close proximity to major cities such as Memphis and Jackson. In recent years, however, the town has seen an increase in home prices as well as rental prices.

The majority of homes in Water Valley are single-family homes, but there are also a few duplexes and apartments available. The average price for a home in Water Valley was $119,000 in 2016. The median price for a home was $130,000 that same year. Rental properties are also very popular in Water Valley; the average rent for an apartment was $1,100 per month in 2016.