$299,265Average Value$158Average Price per Sq Ft30Homes For Sale
Plethora of green space highlights this Memphis suburb in Mississippi
Lake Cormorant is an unincorporated community in DeSoto County. The area is defined by patchworks of farm fields and vast wooded areas. Route 304 runs through the area and is part of the Delta Bluffs Scenic Byway. Driving this road is a visual feast of river deltas, limestone bluffs and rolling hills. “Lake Cormorant was once a resort area for hunters, anglers and people who wanted to enjoy its natural beauty,” says Robert Long, curator of the DeSoto County Museum in Hernando. Outdoors lovers will still find plenty to do here, including fishing, hiking and sports. “The area sits on the Great American Flyway (a “superhighway” for migratory birds). So, it continues to attract a lot of birdwatchers,” says Long. This is a rural locality, so do not expect a glittering nightlife but do look for a star-filled night sky. The area was home to many blues performers, including Memphis Minnie. In 1941, at Clack’s General Store in Lake Cormorant, one of blues most influential singers, Son House, was recorded for the Library of Congress.
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.
Many homes in Desoto County have well manicured lawns.
The modern craftsman is one of the styles of choice for new home building.
Some homes have wrap around porches that welcome their guests.
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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.
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.
Windy City Grille is a popular spot for a bite out in Desoto County.
Kroger Marketplace offers groceries as well as home goods and electronics.
Small pockets of retail are sprinkled all throughout Desoto County.
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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.
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.
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
Interested in learning more about homes in this area?
Reach out to
Patricia Richmond-Young,
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
Airport
Memphis International
36 min drive
Lake Cormorant Demographics and Home Trends
On average, homes in Lake Cormorant, Walls sell after 49 days on the market compared to the national average of 52 days. The median sale price for homes in Lake Cormorant, Walls over the last 12 months is $266,250, down 13% from the median home sale price over the previous 12 months.
BUILDER IS OFFERING A $15,000 BUYER INCENTIVE. **Open house from 10 AM to 12 PM on Saturday August 23rd.** Stunning new construction by NH Dream Estates—estimated completion by end of June! This 4BR, 3BA home offers over 3,200 heated sq. ft. with 2 bedrooms on the main level and 2 upstairs, plus a spacious playroom with a closet. The open floorplan features a large family room flowing into the
BUILDER IS OFFERING A $15,000 BUYER INCENTIVE. **Open house from 10 AM to 12 PM Saturday, August 23rd.** Stunning new construction by NH Dream Estates! This 4BR, 3.5BA home offers over 3,700 heated sq. ft. with 2 bedrooms on the main level and 2 upstairs, plus a spacious playroom with a closet. The open floorplan features a large family room flowing into the kitchen with a generous island and
Nestled on a stunning 3.15-acre lot, this property offers the perfect blend of privacy and convenience. Zoned for Lake Cormorant Schools, it's an ideal location for your dream home. City water is available and ready for hookup, making development easy and straightforward. Don't miss out on making this beautiful property your own!
Peaceful Country Living with Near to Town Convenience—This One Has It All!If you're looking for a quiet escape with all the conveniences of modern living, this beautifully maintained 5-bedroom, 3.5-bath home on 1.51 acres in South DeSoto County is a must-see. Located just over 4 miles from I-69 and minutes from shopping, dining, and entertainment, including nearby casinos and Hernando, you'll
AMAZING PRICE PER SQFT! If you've been looking for a DEAL in this crazy market, STOP YOUR SCROLL! This Lake Cormorant cutie pie offers 3 bedrooms, 2 full baths, a HUGE foyer, large living room with fireplace, a large eat in kitchen, separate office/workout space off the kitchen, an oversized garage with storage room, an enclosed sunroom with multiple exterior doors, and a MASSIVE fenced in
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at This home is priced to rent
Interested in learning more about homes in this area?
Reach out to
Patricia Richmond-Young,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
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.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
