Market Overview
Home Prices in Leland, MS
The median home value in Leland, MS is $69,243 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 11.6% compared to a year ago and down 23.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Leland are priced83% below average. Leland is part of the Greenville, MS metro area.
Over the past five years, Leland home values have fallen by approximately46.1%, reflecting softening conditions in this market.
Price History
Leland Home Price Trend
City Comparison
Leland vs. National Median
At $69,243, homes in Leland cost 83% below the national median of $410,000. This makes Leland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Leland?
20% Down Payment
$13,849
on $69,243
Monthly P&I
$361/mo
30-yr @ 6.8%
Total Monthly Est.
~$458/mo
incl. taxes & insurance
Income Needed
$18,320
gross annual (30% rule)
10% Down Option
$6,924
+ PMI applies
Loan Amount (20% dn)
$55,394
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Leland, MS?
The median home value in Leland is $69,243 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 11.6% year-over-year.
How much have home prices changed in Leland?
Over the past year, home values in Leland have decreased by 11.6%. Over five years, prices have fallen approximately 46.1%.
How much do I need to earn to buy a home in Leland?
To comfortably afford the median home price of $69,243 with a 20% down payment ($13,849) at today's rates (6.8%), you'd need a gross annual income of approximately $18,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Leland compare to the national average home price?
The national median home value is approximately $410,000. At $69,243, homes in Leland are 83% below the national average.
What metro area is Leland part of?
Leland is part of the Greenville, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.