Land Market Insights and Pricing in Panola County, Mississippi

Panola County, Mississippi, offers diverse land opportunities across its 705 square miles, featuring a mix of flat agricultural terrain and gentle rolling hills. The county is bisected by the Tallahatchie River, providing scenic water access for properties along its banks. Two significant lakes, Sardis and Enid, enhance the landscape in the northeast and southeast corners. With fertile soil in flatter areas and forested hills, Panola caters to both agricultural and recreational land interests. Major highways, including Interstate 55 and U.S. Route 51, ensure excellent accessibility. The county's property tax rate of 0.77% is slightly below the national average, adding appeal for land buyers. While the median home price of $121,500 indicates affordability, potential investors should note the higher-than-average unemployment rate of 8.8% and a poverty rate of 18.9%, reflecting some economic challenges in this picturesque rural setting.