Is now a good time to buy land in Hernando, Mississippi?
Hernando, Mississippi is currently a strong buyer's market with 20.4 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
20.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 3 | 5 | 7 |
| 1-2 acres | 1 | 4 | 7 | 14 |
| 2-5 acres | 2 | 6 | 9 | 14 |
| 5-10 acres | - | - | 2 | 7 |
| 10-20 acres | - | 2 | 3 | 8 |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | 1 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 6 | 16 | 28 | 53 |
Hernando, Mississippi is currently a strong buyer's market with 20.4 months of supply. Buyers have more negotiating power and can take time to find the right property.
Hernando, Mississippi currently has 20.4 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Hernando, Mississippi saw 53 properties sold. In just the last 3 months, 16 properties changed hands.
The 3-month absorption rate in Hernando, Mississippi is 4.9%. The 12-month rate is 4.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Hernando, Mississippi is 4.9% (3-month basis), indicating slow demand. The top-performing broker in this market is Haley and Associates Real Estate Services, LLC.
Land in Hernando, Mississippi typically sells within 174 days of listing. The median time on market is 57 days. Properties are moving slowly in the current strong buyer's market.
There are currently 109 active listings in Hernando, Mississippi. 26 new listings have hit the market in the last 90 days. The median asking price is $135K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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