Lake Cormorant
Suburban Neighborhood in Walls, Mississippi
DeSoto County 38632, 38641, 38651, 38680
Affordable homes are a big draw
Reasonable home prices are part of Lake Cormorant’s draw. Most homes are newer; more than two-thirds were built since 1991. Craftsman, Cape Cods and colonials are popular. Homes range from $120,000 for a 3-bedroom mobile home on 3 acres to about $825,000 for a 5-bedroom stone Tudor on 7 acres. Most homes sit on large lots, well back from the road. The neighborhood is car dependent. There are few sidewalks here.
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The great outdoors is calling
Lake Cormorant Community Park and Trail features a walking trail and sports fields. Nearby, is Hernando DeSoto Park, a 41-acre area on the banks of the Mississippi. The park has a public boat launch, a fishing area, grills and a pavilion. Arkabutla Lake is a large reservoir in Lake Cormorant with numerous camping, fishing, swimming and boating facilities along its shoreline. In nearby Tunica, the Gateway to the Blues Visitors Center and Museum is a must-see for music lovers.Good schools in a rural setting
Children may begin their schooling at Lake Cormorant Elementary, which has an A-minus rating from Niche, a student body of 622 and a student-teacher ratio of 16-to-1. Lake Cormorant Middle School has a B-plus rating, 748 students and a student-teacher ratio of 13-to-1. Lake Cormorant High School has a B-minus rating, a student body of 925 and a student-teacher ratio of 15-to-1. In August 2023, the school’s heavily recruited star football player, Kamarion Franklin, ranked No. 1 in Mississippi, made national news when he committed to Ole Miss.Celebrating the seasons with music and good times
In April, the annual Tunica Rivergate Festival is a weekend filled with music, crawfish, food trucks, a BBQ competition and shopping. In September, the nearby town of Walls hosts the “Doorway to the Delta,” music festival honoring local native Memphis Minnie. Nearby Hernando’s annual Christmas Event features a parade, music, vendors and a visit from Santa.Fast highways and scenic byways
Lake Cormorant is located 25 miles from Memphis via US-61. The Memphis Airport is 19 miles, also via US-61. Hernando is 22 miles to the east via the scenic state route 304. Interstate 69 runs east-west through the community. There is no public transportation.Where to shop and where to eat
Lake Cormorant is home to a Dollar General Store. J&J One Stop sells gas and essential groceries. In nearby Hernando, there are plenty of retailers including Walmart and Walgreens. In the summer months, the Hernando Farmers Market offers fresh produce. Grocery shoppers can stock up at Kroger’s and Aldi’s in Hernando. The town also offers fast food and takeout options. When it’s time to relax and enjoy a leisurely meal, Windy City Grille is a popular stop. If time and distance aren’t important, Memphis is home to dozens of good restaurants.
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Written By
Robin Beres
Photography Contributed By
Mary Drost
Video By
Kyle Keyes
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Agents Specializing in this Area
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Kimmer Plunk
Kimmer Plunk
Centric Realty LLC
(901) 584-0113
107 Total Sales
1 in Lake Cormorant
$265,000 Price
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Adam Stanford
Adam Stanford
My Home Realty
(662) 863-3629
123 Total Sales
4 in Lake Cormorant
$60K - $200K Price Range
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Renee Rucker
Renee Rucker
Responds QuicklyKAIZEN Realty, LLC
(901) 441-9432
67 Total Sales
1 in Lake Cormorant
$306,500 Price
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Dawn Sandifer
Dawn Sandifer
Legacy Homes Realty, LLC
(901) 569-0839
58 Total Sales
5 in Lake Cormorant
$141K - $349K Price Range
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Jennie Holliday
Jennie Holliday
Coldwell Banker Collins-Maury
(901) 979-5513
176 Total Sales
2 in Lake Cormorant
$67K - $313K Price Range
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Bill Murdock
Bill Murdock
Crye-Leike of MS
(901) 437-0162
197 Total Sales
8 in Lake Cormorant
$27K - $284K Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 6th to 8th
- Public
- 3rd to 5th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Latimer Lake Park
Tunica County River Park
- Trails
- Events
- Museum
Eudora Community Park
- Picnic Area
- Soccer
- Tennis
Johnson Creek Greenway
- Bike Trails
- Picnic Area
- Parking Lot
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Lake Cormorant | US |
|---|---|---|
| Homicide | 2 | 4 |
| Sexual Assault | 1 | 4 |
| Assault with Weapon | 2 | 4 |
| Robbery | 2 | 4 |
| Burglary | 1 | 4 |
| Motor Vehicle Theft | 1 | 4 |
| Larceny | 1 | 4 |
| Crime Score | 1 | 4 |
Source: WhatIsMyCrimeRisk.com
Lake Cormorant Demographics and Home Trends
On average, homes in Lake Cormorant, Walls sell after 53 days on the market compared to the national average of 49 days. The median sale price for homes in Lake Cormorant, Walls over the last 12 months is $269,900, down 10% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$299,925
Median Sale Price
$269,900
Median Single Family Sale Price
$287,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
59
Median Home Sale Price YoY Change
-10%
Average Price Per Sq Ft
$158
Neighborhood Facts
Number of Homes in Neighborhood
1,627
Number of Homes for Sale
28
Median Year Built
1996
Months of Supply
5.70
Average Single Family Home Size Sq Ft
2,047
Above the national average
1,933
Average Townhouse Size Sq Ft
1,314
Median Lot Size Sq Ft
40,075
Distribution of Home Values
Homes for Sale
Homes for Rent
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$2,315 per month
- Welcome to this spacious 4 bedroom, 3 bath...
- 4 Beds
- 3 Baths
- 2,018 Sq Ft
- 9902 Reunion Point
- Walls, MS
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$2,190 per month
- Welcome to this stunning 4 bedroom, 2.5 ba...
- 4 Beds
- 2.5 Baths
- 1,581 Sq Ft
- 4994 Reunion Dr
- Walls, MS
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
5,684
Median Age
45
Population Density
1 person/acre
Population under 18
21.9%
On par with the national average
23.8%
Population over 65
21.7%
On par with the national average
19.1%
Finances
Median Household Income
$63,642
Below the national average
$71,702
Average Household Income
$80,772
Education and Workforce
High School Graduates
86.7%
College Graduates
24.3%
Below the national average
34.1%
Advanced Degrees
8.6%
% Population in Labor Force
60%
Below the national average
65.1%
Weather
Annual Precipitation
56''
Average Winter Low Temperature
33°F
Average Summer High Temperature
92°F
Annual Snowfall
4''
Area Factors
Somewhat Bikeable
Bike Score®
26
/ 100
Car-Dependent
Walk Score®
0
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Horn Lake
Industrial and residential town off the interstate 10 miles south of Memphis
Hernando
A lively locale with big time amenities and small-town vibes
Southaven
Memphis suburb located near major retailers and event spaces in North Mississippi
Westwood
Suburban living just minutes from Elvis's Graceland
Whitehaven
Large yet quiet Memphis neighborhood home to shopping, dining and Graceland
Pleasant Hill
A mix of suburban and rural living south of the Tennessee border
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