Why Live in Lake Cormorant
Lake Cormorant, an unincorporated community in DeSoto County, is characterized by its rural landscape of farm fields and wooded areas. Route 304, part of the Delta Bluffs Scenic Byway, offers scenic views of river deltas, limestone bluffs, and rolling hills. The area, historically a resort for hunters and anglers, remains a haven for outdoor activities such as fishing, hiking, and birdwatching along the Great American Flyway. Housing in Lake Cormorant includes newer homes built since 1991, with styles like Craftsman, Cape Cod, and colonial, often situated on large lots. The community is car-dependent with few sidewalks. Children attend highly rated schools, including Lake Cormorant Elementary and Lake Cormorant Middle School. Local attractions include Lake Cormorant Community Park and Trail, Hernando DeSoto Park, and Arkabutla Lake, which offer various recreational activities. Nearby Tunica features the Gateway to the Blues Visitors Center and Museum, and hosts the annual Tunica Rivergate Festival. Essential shopping is available at Dollar General and J&J One Stop, with more options in nearby Hernando, including Walmart, Walgreens, and the Hernando Farmers Market. Dining options range from local favorites like Windy City Grille to numerous restaurants in Memphis, located 25 miles away. The Memphis Airport is 19 miles from Lake Cormorant, and Hernando is 22 miles east via Route 304. The area has no public transportation and is known for its star-filled night skies rather than nightlife.
Frequently Asked Questions
Is Lake Cormorant a good place to live?
Lake Cormorant is a good place to live. Lake Cormorant is considered very car-dependent and somewhat bikeable. Lake Cormorant is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Lake Cormorant has 4 parks for recreational activities. It has a median age of 45. The average household income is $80,772 which is below the national average. College graduates make up 24.3% of residents. A majority of residents in Lake Cormorant are home owners, with 15.9% of residents renting and 84.1% of residents owning their home. A
local real estate agent serving Lake Cormorant can help you decide if this neighborhood is the right one for you. Learn more on our
Lake Cormorant neighborhood guide.
Is Lake Cormorant, MS a safe neighborhood?
Lake Cormorant, MS is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Lake Cormorant?
The median home price in Lake Cormorant is $303,900. If you put a 20% down payment of $60,800 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $1,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K a year to afford the median home price in Lake Cormorant. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Lake Cormorant is $81K.
What are the best public schools in Lake Cormorant?
The best public schools that serve Lake Cormorant are:
What are the most popular zip codes in Lake Cormorant, Walls, MS?
Are home prices dropping in Lake Cormorant?
Yes, home prices in Lake Cormorant are down 4% in the last 12 months.
Home Trends in Lake Cormorant, MS
On average, homes in Lake Cormorant, Walls sell after 44 days on the market compared to the national average of 53 days. The median sale price for homes in Lake Cormorant, Walls over the last 12 months is $281,250, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$281,250
Median Single Family Sale Price
$295,000
Average Price Per Sq Ft
$159
Number of Homes for Sale
22
Last 12 months Home Sales
66
Median List Price
$303,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%