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Leland, MS—38756

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$73,000
22.6% YoY Growth
Household Income
$47,200
41.4% YoY Growth
Days on Market
67
91.0% Longer YoY
Home Price Forecast
-8.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Leland, MS

As of May '26, the median home price in Leland, MS is $73,000, with a year-over-year change of -22.6%. This indicates that home prices in Leland, MS are decreasing. According to Zillow, the 1-year price projection is -8.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$73,000-22.6%
Single Family $73,000-18.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    4.7%
    2 Bedrooms
    28.0%
    3 Bedrooms
    50.3%
    4 Bedrooms
    11.3%
    5+ Bedrooms
    4.7%

    Rental Trends — Leland, MS

    Leland, MS lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    3.4%
    1 Bedroom
    11.1%
    2 Bedrooms
    49.9%
    3 Bedrooms
    26.0%
    4 Bedrooms
    9.7%

    Property Listings — Leland, MS

    As of May '26, Realtor.com reports that the median days on market for a home in Leland, MS is 67. This is a increase of 91.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$155,000-10.0%
    Listing Count
    		1634.0%
    Listings as % of Homes0.4%34.0%
    Days on Market
    		6791.0%
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    Demographics — Leland, MS

    As of the latest ACS Survey released in 2023, Leland, MS has a population of 6,570, which has increased by 7.9% over the past 5 years. Leland, MS is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		6,5707.9%
    % Under 18
    		23.8%-12.8%
    % Seniors
    		17.2%30.3%
    % WFH
    		3.4%209.1%
    % w/ College Degree
    		22.5%9.8%
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    As of the latest ACS Survey released in 2023, Leland, MS is a predominantly black area, with 54.1% of the population identifying as black. The black population has shrunk by 11.6% in the last 5 years. The second most common race or ethnicity in Leland, MS is white, making up 39.3% of the population. Foreign-born residents account for 1.5% of the population in Leland, MS, and this percentage has decreased by 62.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		39.3%20.2%
    % Black
    		54.1%-11.6%
    % Hispanic
    		3.6%-43.8%
    % Asian
    		0.3%0.0%
    % Foreign Born
    		1.5%-62.5%
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    Mortgage and Risk — Leland, MS

    According to HUD data as of 2023, there were 51 mortgage originations in Leland, MS, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Leland, MS. Investor activity is low, as 2.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		51
    % Conventional Loans
    		88.0%
    % Government Loans
    		12.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		2.0%
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    Rentals and Section 8 — Leland, MS

    Leland, MS lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		140
    Total Units Section 8
    		140
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		85.4%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$810
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,310
    4 BedroomN/AN/A$1,580

    Affordability — Leland, MS

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.4
    Median Home Price$73,000
    Median Household Income$47,200

    Leland, MS — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Arcola

    38722

    Metcalfe

    38760

    Indianola, MS

    38751

    Greenville, MS

    38701

    Greenville, MS

    38703

    Frequently Asked Questions