Pros and Cons of Buying Land in Mississippi

Thinking of buying land in Mississippi? Whether you’re eyeing a peaceful plot in the rural countryside or a large piece of acreage with future development potential, there’s a lot to consider. Like any investment, purchasing land in Mississippi comes with its own set of ups and downs. But don’t worry, I’ll guide you through the good, the bad, and the “what was I thinking?” of Mississippi land purchases.

Let’s dive into the pros and cons of buying land in the Magnolia State—without any of that over-the-top, complicated lingo. Grab your sweet tea and settle in!

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Mississippi Land: A Regional Overview

Mississippi’s 10.2 million acres of farmland offer substantial opportunities for land investors, particularly in agriculture and forestry. Recent infrastructure improvements, especially in the Mississippi Delta, are reviving previously declining areas, making the state appealing for out-of-state buyers. However, local nuances, like slower development in rural regions, should be carefully considered before investing.

While Mississippi benefits from a cost of living 15% below the national average, its lower median household income can impact the resale value of rural properties. Infrastructure and growth potential play critical roles in long-term investments.

The state’s natural beauty, including forests, rivers, and wetlands, attracts outdoor enthusiasts, but rural areas may lack healthcare and education resources, which could affect property value. Investors focusing on urban areas like Jackson or Gulfport may find better growth prospects, while rural properties might pose challenges. Mississippi’s affordable land and serene environment make it an appealing option, but weighing the pros and cons is essential for making a smart purchase decision.

The Pros of Buying Land in Mississippi

1. Affordable Prices (Almost Too Good to Be True)

Land in Mississippi is affordable—plain and simple. Whether you’re in the market for a large farm or a small rural retreat, the cost per acre here is often lower than in many other states. The average price per acre of farmland hovers around $2,500 to $5,000, depending on the location, making it one of the more budget-friendly options for land investments in the U.S. Mississippi’s cost of living is among the lowest in the country, which means your land-buying dollars go much further here.

2. Fertile Land for Agriculture

Mississippi isn’t just famous for its hospitality and blues music; it’s got some seriously rich soil too. If you’re interested in farming—whether it’s crops, cattle, or timber—this state has the resources to support your dreams. Mississippi has over 10.2 million acres of farmland, and the agriculture industry brought in over $8.2 billion in 2022. From growing soybeans to raising livestock, Mississippi’s agriculture industry thrives, and owning land here could give you a slice of that pie. Plus, farming in Mississippi comes with great tax incentives for agricultural use.

3. Escape to Nature

For those looking to get away from the hustle and bustle of city life, Mississippi offers a natural retreat. With its sprawling forests, rivers, and proximity to the Gulf Coast, there’s no shortage of outdoor activities like fishing, hunting, hiking, or just plain relaxing on your porch. If your idea of bliss is peace, quiet, and a front-row seat to nature’s beauty, Mississippi has you covered. Plus, with Mississippi covering 48,431 square miles, there’s plenty of space for you to carve out your own little slice of serenity.

4. Low Property Taxes

No one enjoys paying property taxes, but Mississippi boasts some of the lowest property tax rates in the country, making it a smart choice for long-term land investments. Whether you’re buying land to build a home, start a farm, or just hold onto for a while, your wallet will thank you when tax season rolls around.

5. Family-Owned Farms Dominate the Landscape

If you’re looking to keep it in the family, Mississippi is the place to be. Approximately 86% of the state’s farms are family-owned, providing a sense of stability and continuity in the agricultural sector. Whether you’re planning to farm or just enjoy the peace of rural land, you’ll be in good company.

Pros of Buying Land in Mississippi

The Cons of Buying Land in Mississippi

Cons of Buying Land in Mississippi

1. Hot, Humid, and Hurricane-Prone

If you think Mississippi is all about gentle breezes and southern charm, think again. The summers here can feel like a sauna, and let’s not forget about hurricane season. Living in or near the Gulf Coast means the occasional brush with some serious storms. While inland areas are less affected, it’s still worth considering if you’re thinking about buying property in a coastal county. Flooding can also be a significant issue in lower-lying regions, especially around the rivers.

2. Limited Access to Urban Amenities

Rural living in Mississippi is great for peace and quiet, but it might mean a longer drive for the basics. Grocery stores, healthcare facilities, and entertainment hubs can be spread far apart. If you’re someone who thrives on a quick trip to Starbucks or enjoys a busy nightlife, you may find the rural charm wearing thin after a while. But hey, the stars at night sure are pretty, right?

3. Zoning and Land Use Restrictions

Buying land in Mississippi isn’t always as simple as “here’s the deed, enjoy your freedom.” Depending on where you purchase, there might be zoning regulations or land-use restrictions that limit what you can do with the property. From agricultural zoning to environmental protections, make sure you check with local authorities to avoid any surprises down the road. Sometimes the dream of building a cabin in the woods comes with a few legal strings attached.

4. Flood Risk

Mississippi is no stranger to heavy rains and flooding, especially in the low-lying areas near the rivers or the Gulf Coast. About 24% of Mississippi’s land is classified as farmland, but some areas are prone to flooding. If you’re buying land in these areas, you’ll want to factor in flood insurance and potential land damage costs. Even if the price seems great, make sure you know the lay of the land—literally. Swampy land may come cheap, but dealing with water damage can get expensive real quick.

5. Aging Farming Population

Mississippi’s farmers are getting older. The average age of a farmer in the state is 59.6 years. While this doesn’t directly impact land buyers, it does mean the farming industry might face some challenges in the future with fewer younger farmers taking over. If you’re planning to buy farmland, it’s worth keeping an eye on this trend as it could impact the industry over time.

Is Buying Land in Mississippi Right for You?

Buying land in Mississippi can be a great investment, but like any major purchase, there are pitfalls that can turn an exciting opportunity into a frustrating experience. Here’s a list of common mistakes to avoid when buying land in the Magnolia State:

1. Skipping a Site Visit

It may be tempting to buy based on online listings or photos, but nothing beats an in-person visit. There are many factors you can’t evaluate from a photo—such as road access, terrain challenges, or nearby developments. Walk the land to check the condition of the soil, water sources, and boundaries, and to get a feel for its overall potential.

2. Neglecting Flood and Natural Disaster Research

Mississippi is prone to flooding, particularly in low-lying areas near rivers and the Gulf Coast. Failing to check flood zones can lead to costly repairs and the need for expensive flood insurance. Always review flood maps, and consider the land’s risk for hurricanes and other natural disasters before making a purchase.

3. Ignoring Zoning and Land Use Restrictions

Not all land can be used for whatever you want. Local zoning laws dictate whether you can farm, build a home, or start a business on the land. Failing to check zoning laws or restrictions could mean buying land that doesn’t suit your intended use. Be sure to consult with local authorities or a real estate attorney.

4. Overlooking Access Issues

In rural Mississippi, some properties may lack easy access to public roads, utilities, or basic infrastructure. Easements and right-of-way access are critical issues to confirm before purchasing land. Make sure you’ll have the legal right to enter and develop the property, and ensure that utilities like electricity and water are accessible.

5. Forgetting to Verify Ownership and Title

Before buying, ensure that the title is clear and free from disputes. In some cases, the land may have outstanding liens, ownership disputes, or easement claims. Work with a local real estate attorney to verify title ownership and handle the paperwork to avoid future legal headaches.

6. Underestimating Development Costs

While land in Mississippi is affordable, developing it may not be. Costs for clearing land, constructing homes or buildings, and installing utilities can add up quickly. Permits and labor costs for rural properties can sometimes be higher, so it’s important to budget for these expenses before committing.

7. Failing to Consider Resale Value

While buying cheap rural land might seem like a bargain, consider whether you’ll be able to resell it in the future. Some areas in Mississippi are slow to develop, meaning you could face challenges selling the land later on. Look for signs of infrastructure improvements or local growth that could boost the property’s value over time.

Partnering with Bubba Land for Seamless Land Transactions

Buying or selling land can be a daunting task, laden with complex legal processes and extensive paperwork. At Bubba Land, we understand that your time is valuable, and our goal is to make your land transactions as smooth and stress-free as possible. By partnering with a professional land company like ours, you can avoid the pitfalls and costly mistakes that often come with navigating land deals on your own.

  • Avoid High Realtor Commissions and Closing Costs: Selling directly to Bubba Land means you bypass hefty Realtor fees and additional closing costs, putting more money directly into your pocket.
  • Streamlined Process with No Marketing Hassles: Skip the endless marketing efforts and showings needed to attract a buyer on the open market. At Bubba Land, we make direct offers, saving you time and energy.
  • Quick Cash Offers: Rather than waiting months—or even years—for your land to sell, we provide fast cash offers, ensuring you receive your money promptly.
  • Simplified Negotiations: Say goodbye to the back-and-forth negotiations that come with setting list prices, handling offers, and dealing with contingencies. We offer a straightforward, no-nonsense transaction process.
  • Minimize Risk During the Selling Period: Long listing periods can leave your property vulnerable to trespassers and vandals. Selling to Bubba Land quickly minimizes these risks and gives you peace of mind.

In the land business, it’s important to partner with a company that has a proven track record and a commitment to integrity. Bubba Land is dedicated to providing you with a seamless, hassle-free experience, and we pride ourselves on being a trustworthy partner in your land journey. Whether you’re looking to sell quickly for cash or need assistance navigating a complex land purchase, we’re here to help.

Is Buying Land in Mississippi Right for You?

Mississippi offers plenty of opportunities for land buyers, from the laid-back lifestyle to agricultural potential and affordable prices. However, it’s important to weigh the pros and cons based on your personal goals. Are you looking to start a farm? Build a weekend getaway cabin? Or maybe just hold onto land as a long-term investment? Whatever your plan, Mississippi has something to offer—just be ready for the heat, humidity, and occasional hurricane.

And, as always, do your homework. Research local zoning laws, check the land’s flood history, and consider what amenities you need nearby. Buying land is a big step, but with the right knowledge, it can be a smart move that pays off in the long run.

Mississippi Land: Pros & Cons at a Glance

Factors Pros Cons
Land Availability Over 10.2 million acres of farmland available Rural areas may lack infrastructure
Affordability $2,500 – $5,000 per acre, lower than average Lower median income may affect resale value
Natural Beauty Forests, rivers, wetlands, and outdoor recreation Limited access to healthcare and education in rural areas
Climate Mild winters, ideal for year-round outdoor activities Hot, humid summers; hurricane risk in coastal areas
Urban vs. Rural Investment Urban areas like Jackson, Gulfport, & Biloxi show growth potential Rural land may face slower development and resale challenges
Cost of Living 15% below national average, attractive for long-term investment Economic disparity may affect long-term growth
Infrastructure Ongoing improvements, especially in the Delta Some areas still underdeveloped

Frequently Asked Questions (FAQs)

FAQs Buying Land in Mississippi

1. Is Buying Land in Mississippi a Good Investment?

Yes, buying land in Mississippi is a good investment due to its affordable prices (around $2,500 to $5,000 per acre) and low property taxes (about 0.4%). The state’s vast farmland and timberland offer strong long-term value potential, especially for those interested in agriculture or recreation. However, investment returns can vary based on location and infrastructure development.

2. Why Is Land in Mississippi So Cheap?

Land in Mississippi is cheaper due to factors like lower population density, slower infrastructure development, and a predominantly rural economy. While the state has rich farmland, its lower median income and limited urban growth reduce demand compared to other states, keeping prices affordable.

3. What Is the Average Cost of Land Per Acre in Mississippi?

The average cost of land per acre in Mississippi typically ranges from $2,500 to $5,000, depending on location and proximity to urban centers or natural features. Rural and agricultural areas tend to offer lower prices, making Mississippi an attractive option for land buyers.

4. Is Mississippi a Good State for Farming?

Absolutely. Mississippi’s fertile soil and mild climate make it a great state for agriculture, whether you’re interested in row crops, timber, or livestock. Plus, there are agricultural tax breaks that could sweeten the deal.

5. Do I Need Flood Insurance if I Buy Land in Mississippi?

If you’re purchasing land in a flood-prone area, like near a river or the Gulf Coast, flood insurance is highly recommended. Even if the land doesn’t seem at risk, it’s better to be safe than sorry.

Bubba Peek - Bubba Land Company
About the Author
Bubba Peek, CCIM, MSRE

Bubba Peek is an experienced real estate investor focused on land acquisition. He holds a Bachelor’s in Finance and a Master’s in Real Estate (MSRE) from the University of Florida, along with the prestigious Certified Commercial Investment Member (CCIM) Designation, held by only six percent of real estate professionals. With over a decade of experience, Bubba blends financial expertise and market insight to deliver outstanding results. As founder of Bubba Land Company, he’s known for offering landowners efficient, hassle-free sales solutions.