What is the average home price in Leland, MS 38756?

As of May '26, the median home price in Leland, MS 38756 is $67,000, based on Zillow home estimates.

How have home prices in Leland, MS 38756 changed over the past year?

As of May '26, home prices have decreased 12.6% over the past year, according to Zillow home estimates data.

What is the home price projection for Leland, MS 38756?

As of May '26, Zillow projects home prices in Leland, MS 38756 to decrease 8.7% in the next year.

What are the demographics of Leland, MS 38756?

According to the latest Census, the demographics of Leland, MS 38756 are 39.3% White, 54.1% Black, 0.3% Asian, 3.6% Hispanic. The population is 6,570, with 23.8% under 18 years old.

How long does it take homes to sell in Leland, MS 38756?

According to Realtor.com, as of May '26, the median home in Leland, MS 38756 is on the market for 67 days. This is an increase of 91.0% from last year.

What is the average rent price in Leland, MS 38756?

The average rent price in Leland, MS 38756, as of the latest data, is N/A. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is N/A, N/A, and N/A respectively.

Leland, MS 38756 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Leland, MS—38756

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$67,000

12.6% YoY Growth

Household Income

$47,200

41.4% YoY Growth

Days on Market

91.0% Longer YoY

Home Price Forecast

-8.7%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Leland, MS

As of May '26, the median home price in Leland, MS is $67,000, with a year-over-year change of -12.6%. This indicates that home prices in Leland, MS are decreasing. According to Zillow, the 1-year price projection is -8.7%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$67,000	-12.6%
Single Family	$67,000	-6.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Leland, MS

Leland, MS lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio 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
4 Bed Rent	N/A	N/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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$155,000	-10.0%
Listing Count	16	34.0%
Listings as % of Homes	0.4%	34.0%
Days on Market	67	91.0%

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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.

Metric	Latest Census	YoY % Change
Population	6,570	7.9%
% 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

Metric	Latest Census	5-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

Metric	Zip 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 Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$810
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,310
4 Bedroom	N/A	N/A	$1,580

Leland, MS—38756

Key Metrics at a Glance

Home Price Trends — Leland, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Leland, MS

% of Rental Stock

Property Listings — Leland, MS

Demographics — Leland, MS

Race and Ethnicity

Mortgage and Risk — Leland, MS

Mortgages

Rentals and Section 8 — Leland, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Leland, MS

Home Price to Income Ratio

Leland, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Arcola

Metcalfe

Indianola, MS

Greenville, MS

Greenville, MS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$67,000
Median Household Income	$47,200