Acreage, Wooded Lot
Four-Bedroom Acre in Vancleave at 46% Below Zip Median — $129,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 4BR/2BA, 1.01 acres, mature trees, private feel near Vancleave |
| Condition | 25% | 5 | No system dates, no renovation history; "room to make your own" implies work needed |
| Price / Sq Ft | 15% | 10 | Listing $92/sqft vs zip median $171/sqft — 46% below; 8 comps, thin but directional |
| Price vs. Market | 5% | 10 | $129K vs zip median $384,833 — 66% below; zip likely skewed by larger/newer builds |
| Market Conditions | 5% | 6 | DOM 31 days, sale-to-list 98.2%, price drops 32.5% — mild buyer advantage on drops |
The price is the first thing worth understanding here. Homes in this zip code are selling at a median of $171 per square foot. This one is listed at $92. That gap is wide enough to mean something, even accounting for the fact that newer and larger builds are pulling the median up. At $129,000 for four bedrooms and a full acre with mature trees in Vancleave, you are looking at a price point that has largely disappeared from this market.
The house itself is a 1983 build, 1,400 square feet, four bedrooms and two baths. That is a workable floor plan for a family. The lot is just over an acre with mature trees and what the listing describes as a private feel, which the aerial and the wooded surroundings support. It reads like a house that has been lived in and has some distance from its neighbors. That part is real.
What the listing does not tell you is also real. There are no dates on any of the systems. No mention of the roof, HVAC, water heater, or electrical. The agent's phrase "room to make your own" is doing a lot of work in that sentence, and it is fair to read it as a signal that this place needs updating. How much updating is the question, and you would need an inspection to know. At this price, there is room in the budget to absorb that answer even if it is not a good one, but you should go in knowing the condition is unknown.
What the price makes possible is a four-bedroom house on an acre of trees for a family that needs the space and has the appetite to put some work in. If you are renting and watching what homes sell for in this market, $129,000 at $92 a square foot is a number that requires a second look. The property has been on the market 31 days, which is not long, but prices in this zip have seen drops on about a third of listings, so there may be room to negotiate.
Go look at it. Find out what the systems need. Then decide.
