North Mississippi Land for Sale - 916 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.

Investment Potential

While land values are increasing in Mississippi, prices still remain affordable compared to other areas of the country. Purchasing land now can pay off decades later or be sold quicker for a profit if the market continues rising.

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.

Along a swath of land curving through Mississippi and Alabama, farms dominate the landscape. The region is known as the Black Belt Prairie, so named for its characteristically dark, fertile soil.

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.

There does exist limits on how many acres can qualify (160 acres) and the total amount of assessed value ($7,500 assessed value). In rare cases, a parcel of property that is classified as all Class II may qualify for homestead exemption.

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.

Where is the cheapest land to buy right now? ›

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.

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?

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.