Leland Housing Update: Prices Down Year-Over-Year, Inventory Remains Limited
Leland, MS – March 9, 2026 – Home values remain under pressure while inventory stays tight, with limited sales activity shaping the local market.
Home prices in Leland are trending lower compared to a year ago, while overall inventory remains limited.
Top takeaways
- Typical home value around $58K, down year-over-year.
- Median sale price recently near $65K.
- Roughly a dozen homes listed at last report.
Market snapshot
According to Zillow’s Home Value Index, the typical home value in Leland is about $57,928, representing a 30.6% decline over the past year (data through December 31, 2025). Zillow reported 11 homes for sale at year-end.
Redfin shows a recent median sale price of approximately $65K, down 51.5% compared to the prior year, with homes spending about 67 days on market. Only one home sale was recorded in the latest monthly report, underscoring how limited transaction volume can influence percentage swings.
Realtor.com notes that local conditions are closely tied to broader Washington County trends, with a mix of older single-family homes and modest pricing compared to state and national averages.
What’s for sale
Current listings largely feature ranch-style single-family homes, many priced under $100K. Buyers can also find larger lots and investment-oriented properties, reflecting the Delta region’s lower entry prices.
With inventory hovering near a dozen active listings in recent data, options are available but not abundant. Buyers may face less competition than in larger markets, while sellers are adjusting expectations to align with softer year-over-year pricing.
Outlook
Given the small size of the market, a handful of sales can shift trends quickly. Watching new listings and days on market will be key this spring. Mortgage rate movements and regional employment patterns will likely play an outsized role in shaping demand.
Sources
Are you seeing more buyer interest or price reductions in your neighborhood this season?