506 Park Ln, Hernando, MS 38632
OFF MARKET

506 Park Ln
Hernando, MS 38632

  • 3 Beds
  • 2 Baths
  • 1,371 sqft

$225,600

Trulia Estimate
as of Aug 14, 2026

$225,600

Trulia Estimate
as of Aug 14, 2026
3 Beds
2 Baths
1,371 sqft

Home Value

Trulia Estimate
$226K
Since last month
Decreased$2K (-0.7%)
Since last year
Increased$2K (+0.7%)
Since last sale
Increased$132K (+143.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +99% in the last 10 years
MonthEstimated value
2026
August 2026$224K
July 2026$227K
June 2026$225K
May 2026$231K
April 2026$228K
March 2026$225K
February 2026$220K
January 2026$216K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
503 Park Ln, Hernando, MS
0.03
Single-Family Home
-
10/21/25
3
2
1,364
516 Village Cv, Hernando, MS
0.05
Single-Family Home
-
01/13/26
3
2
1,426
280 Byhalia Cv, Hernando, MS
0.34
Single-Family Home
-
01/30/26
3
1.5
1,183
1715 Tara Dr, Hernando, MS
0.42
Single-Family Home
-
02/19/26
3
2
1,550
1580 Mount Pleasant Rd, Hernando, MS
0.34
Single-Family Home
-
09/19/25
3
2
2,074
1436 Pontotoc St, Hernando, MS
0.49
Single-Family Home
-
06/18/26
3
1.5
1,695
1727 Sandpiper Cv S, Hernando, MS
0.35
Single-Family Home
-
07/30/26
3
2.5
2,000
1501 Mount Pleasant Rd, Hernando, MS
0.42
Single-Family Home
-
12/09/25
4
2
1,798
781 Cedar Trace Cir, Hernando, MS
0.45
Single-Family Home
-
12/01/25
4
2
1,864
624 S Bending Oak, Hernando, MS
0.49
Single-Family Home
-
01/16/26
4
2
2,300

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1924 E Parkway St, Hernando, MS 38632
0.04
$206,700
3
2
1,072
Off Market
516 Village Cv, Hernando, MS 38632
0.05
-
3
2
1,426
Recently Sold
1990 E Parkway St, Hernando, MS 38632
0.10
$216,000
3
2
1,353
Off Market
560 Riley St, Hernando, MS 38632
0.10
$237,900
3
2
1,257
Off Market
570 Cedar Grove Cv, Hernando, MS 38632
0.24
$291,900
3
2
2,224
Off Market
875 Pebble Creek Cv, Hernando, MS 38632
0.26
$333,600
4
2.5
1,928
Off Market
665 Cedar Grove Cv, Hernando, MS 38632
0.26
-
5
3
2,900
Recently Sold
Mount Pleasant Rd #1, Hernando, MS 38632
0.24
-
-
-
-
Off Market
713 Cedar Xing, Hernando, MS 38632
0.27
$415,800
5
3
2,711
Off Market
1676 Cedar Grove Dr, Hernando, MS 38632
0.31
$476,100
5
4
3,300
Off Market
277 Byhalia Cv, Hernando, MS 38632
0.32
$238,400
3
2
1,799
Off Market
1911 Mount Pleasant Rd, Hernando, MS 38632
0.30
$554,700
5
3.5
4,104
Off Market

Local Information

  • Map ViewExplore the area around 506 Park Ln.
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Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,371 sqft
Price/Sqft
$165

About this House

This single-family home is located at 506 Park Ln, Hernando, MS. 506 Park Ln is in Hernando, MS and in ZIP code 38632. This property has 3 bedrooms, 2 bathrooms and approximately 1,371 sqft of floor space.
506 Park Ln, Hernando, MS 38632 is a 3 bedroom, 2 bathroom, 1,371 sqft single-family home. It last sold for $92,000 on Mar 15, 2017 (5,083% above the $1,775 asking price). More recently, it was listed as a rental in October 2022 with an asking price of $1,700 per month. That rental listing was removed on August 18, 2025. It is currently off market. The Trulia Estimate is $225,600, with a rent estimate of $1,836/month.

Home Details for 506 Park Ln

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air

Price and Tax history

DateEventPrice
Aug 18, 2025
Source: Zillow Rentals
ListingRemoved
$1,775
Jul 28, 2025
Source: Zillow Rentals
PriceChange
$1,775
Price increased by 11%
Nov 28, 2022
Source: Zillow Rental Manager
PriceChange
$1,600
Price decreased by 3%
Nov 18, 2022
Source: Zillow Rental Manager
PriceChange
$1,650
Price decreased by 3%
Oct 19, 2022
Source: Zillow Rental Manager
Listed For Rent
$1,700

Market trends in Hernando

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$360K
$15.83KMoM
Sale-to-List Price
99.0%
0.1%MoM
Price per sq ft
$166
$1MoM
Available listings
148
12MoM
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Around this home

What Locals Say about Hernando

At least 103 Trulia users voted on each feature.

  • 90 % Say yards are well-kept

  • 87 % Say it's dog friendly

  • 85 % Say car is needed

  • 85 % Say there's holiday spirit

  • 82 % Say parking is easy

  • 80 % Say kids play outside

  • 76 % Say people would walk alone at night

  • 75 % Say it's quiet

  • 60 % Say streets are well-lit

  • 56 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 53 % Say there are sidewalks

  • 50 % Say there's wildlife

  • 33 % Say there are community events

  • 29 % Say it's walkable to grocery stores

  • 26 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Psnow
    "Wonderful and people should move here. A good place for kids. Good schools and counselors. I don’t know much more to say."
    0
    Flag
  • Josh scott
    "Lots of places to take your dog out and let them run and play. Lots of dog owners take them out to the square etc. plenty of groomers and cleaners to maintain good health for your babies"
    0
    Flag
  • Kinneydarrell
    "The people are very nice and helpful towards each other willing to with given any situation it’s very family oriented in this town"
    1
    Flag
  • Dls2u
    "It’s becoming far too over grown. Doesn’t have infrastructure in place to support the growth. It no longer has the small town community feel... with the growth is coming an increase in the crime rate. "
    0
    Flag
  • Scott
    "Very few events. Local farmers market and one art festival is about it. The High School band is about the biggest claim to fame."
    5
    Flag
  • Ac C.
    "I’ve lived in this neighborhood for seven years and really like the area and neighbors. Easy access to I-55. "
    3
    Flag
  • Kenzie2013
    "I’ve lived here for over 10 years. We were one of the first houses here. I know most of my neighbors and feel comfortable walking in the neighborhood, receiving packages, etc. "
    0
    Flag
  • Cara K.
    "Great area for children to grow and get an excellent education. Loving small town with great stores. "
    0
    Flag
  • Lockwood
    "Everybody is very friendly this includes the fur babies my kids love petting the dogs and they’re courteous clean up after their dogs and always on a leash "
    1
    Flag
  • Lisa C.
    "Great schools, nice, clean area.... all shopping is very close by—- without the wait as in several other areas. The community is a very well kept area and many new homes and subdivision are up and building."
    5
    Flag
  • Shana H.
    "Hernando is a great place to live!! I enjoy our neighborhood and neighbors in the area. Everyone is so nice and friendly."
    1
    Flag
  • Shana H.
    "We love it in Hernando - it’s a Greta place to live! I’ve lived here most of my life and plan to live here for years to come!"
    1
    Flag
  • Megan M.
    "We have a lot of community events, 5K runs, Farmer's Market during the season, several very good restaurants and ice cream joints where people gather for fellowship, and active churches with annual activities for families."
    0
    Flag
  • Scooby31694
    "The best schools! Safe area. I loved living here so much as a kid, I bought a house here. You can’t beat it. "
    1
    Flag
  • Shana H.
    "I’ve lived in Hernando / neighborhood for 4 years - we have made it our home? We love it ....... it’s"
    1
    Flag
  • Shana H.
    "Great area!! Good neighborhood and love the friendly neighborhood.... we are currently in the process of our HOA"
    2
    Flag
  • john
    "A WONDERFUL PLACE TO LIVE. Great schools and activities for kids "
    0
    Flag
  • Terri C. E.
    "I've lived in Hernando for 10 years now, and I love it. Perfect place to raise a family."
    1
    Flag
  • kevin k.
    "I moved to Hernando in 2008 and I love it. Great schools for the kids and its only 20 minute driving distance from downtown Memphis."
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

13 pet-friendly rentals in Hernando, MS

Explore by feature - Garage

15 rentals with a garage in Hernando, MS

Explore by feature - Air Conditioning

11 rentals with air conditioning in Hernando, MS

Explore by feature - Washer/dryer

10 rentals with a washer/dryer in Hernando, MS

Homes for sale near 506 Park Ln

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Off Market Homes Near 506 Park Ln

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Frequently asked questions about 506 Park Ln

  • What is 506 Park Ln estimated to be worth?
    Trulia's estimated value for 506 Park Ln in Hernando, MS is $225,600.
  • What is the price history for 506 Park Ln?
    506 Park Ln in Hernando, MS last sold in March 2017.
  • Is Hernando a buyer's or seller's market?
    Hernando is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Hernando?
    The median sale price in Hernando is $360K. That is down $15.83K from the prior month.
  • Does 506 Park Ln have air conditioning?
    Yes, 506 Park Ln in Hernando, MS has air conditioning.
  • Does 506 Park Ln have laundry facilities?
    Yes, 506 Park Ln in Hernando, MS has in-unit laundry.