Is now a good time to buy land in Neely, Mississippi?
Neely, Mississippi is currently a buyer's market with 9.0 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
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
Neely, Mississippi is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Neely, Mississippi currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Neely, Mississippi is 11.1%. The 12-month rate is 2.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Neely, Mississippi is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is The RealTeam Homes & Land, LLC.
Land in Neely, Mississippi typically sells within 33 days of listing. The median time on market is 33 days. Properties are moving quickly in the current buyer's market.
There are currently 3 active listings in Neely, Mississippi. The median asking price is $379K.
Over the past 12 months, Neely, Mississippi saw 1 properties sold. In just the last 3 months, 1 properties changed hands.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.