Mississippi Land for Sale - 5,886 Properties (2024)

FAQs

How much is 1 acre of land worth in Mississippi? ›

The average cost of land in Mississippi

According to the USDA's 2022 data, the average for an acre of Mississippi land is approximately $3,000.

Low Property Taxes

Annual average property taxes on land in Mississippi are only 0.4% of the property's value - one of the lowest rates in the U.S. This keeps long-term carrying costs lower for owners.

The Cheapest State to Buy Land

According to Wisevoter, Arizona is the cheapest state in the United States to buy land. As of 2023, Arizona's median price per acre is only $4,164.

Larson, an economist, who placed the total value of $23 trillion for the entire 1.9 billion acres of land in the United States. This means that the average cost for an acre of land is $12,000 or $60,000 for 5 acres of land. Almost half of the land in the US is used for agricultural purposes.

With affordable land, fertile soil, abundant resources, and a favorable climate, Mississippi's counties provide ample opportunities for successful small acreage homesteading.

Persons who are 65 years of age and older or who are disabled, upon application and proof of eligibility, are exempt from all ad valorem taxes up to $7,500.00 of assessed value. The application for exemption must be filed with the individual county on or before April 1.

In Mississippi, all property is subject to a property tax unless it is exempt by law. Where do my property taxes go? Property tax revenues are used to support county and city governments, and local school districts.

The Homestead Act was repealed in the 48 contiguous states in 1976 and in Alaska 10 years later. But you can still find towns offering free land to would-be residents who want to relocate on a shoestring budget and can meet homebuilding and other requirements.

Where is the cheapest land to buy right now? ›

Based on recent statistics the 10 Cheapest States to buy land in the US are New Mexico, Arizona, Nevada, Arkansas, Mississippi, West Virginia, North Dakota, Louisiana, Oklahoma & Kansas.

The ten states with the cheapest land are Arizona, New Mexico, Mississippi, Colorado, Arkansas, New York, Missouri, Oregon, Alabama, and Michigan. Arizona is the cheapest state to buy land with a median price of $4,164 per acre.

Mississippi Land prices are rising, which means that land in the Magnolia state could be an extremely good investment. However, before you go ahead and buy Mississippi land, you need to consider your investment goals. Do you plan to hold onto your land for just a few years and then sell it as soon as land prices rise?

A person requesting homestead exemption must make a written application, must be a natural person, the head of a family, have ownership and eligible property, occupy the dwelling as a home, and be a Mississippi resident. Each of these requirements are discussed in detail.

AgAmerica can finance agricultural farm and ranch properties, citrus grove conversions, recreational land, and even raw agricultural land parcels. We offer variable and fixed-term loans for up to 30 years.

An acre of land is about the size of a football field. The value of an acre of land varies quite a bit depending on a number of factors. The average cost of land in the contiguous United States is about $12,000 per acre.

There are approximately 34,700 farms in the state covering 10.3 million acres. The average size farm is composed of 300 acres. Agriculture makes a significant contribution to all 82 counties.

Delta Cropland Values and Rents

Dry and irrigated cropland values in the Mississippi Delta Region edged up from 2017 into 2018. Delta dry cropland averaged $3,522 per acre in 2018 while Delta irrigated cropland averaged $4,746 per acre.