23 And the land shall not be sold in perpetuity; for the land is mine: for ye are strangers and sojourners with me. 24 And in all the land of your possession ye shall grant a redemption for the land. 25 If thy brother be waxed poor, and sell some of his possession, then shall his kinsman that is next unto him come, and shall redeem that which his brother hath sold. 26 And if a man have no one to redeem it, and he be waxed rich and find sufficient to redeem it; 27 then let him reckon the years of the sale thereof, and restore the overplus unto the man to whom he sold it; and he shall return unto his possession. 28 But if he be not able to get it back for himself, then that which he hath sold shall remain in the hand of him that hath bought it until the year of jubilee: and in the jubilee it shall go out, and he shall return unto his possession. 29 And if a man sell a dwelling-house in a walled city, then he may redeem it within a whole year after it is sold; for a full year shall he have the right of redemption. 30 And if it be not redeemed within the space of a full year, then the house that is in the walled city shall be made sure in perpetuity to him that bought it, throughout his generations: it shall not go out in the jubilee. 31 But the houses of the villages which have no wall round about them shall be reckoned with the fields of the country: they may be redeemed, and they shall go out in the jubilee. 32 Nevertheless the cities of the Levites, the houses of the cities of their possession, may the Levites redeem at any time. 33 And if one of the Levites redeem, then the house that was sold, and the city of his possession, shall go out in the jubilee; for the houses of the cities of the Levites are their possession among the children of Israel. 34 But the field of the suburbs of their cities may not be sold; for it is their perpetual possession.

Matthew Henry's Commentary on Leviticus 25:23-34

Commentary on Leviticus 25:23-34

(Read Leviticus 25:23-34)

If the land were not redeemed before the year of jubilee, it then returned to him that sold or mortgaged it. This was a figure of the free grace of God in Christ; by which, and not by any price or merit of our own, we are restored to the favour of God. Houses in walled cities were more the fruits of their own industry than land in the country, which was the direct gift of God's bounty; therefore if a man sold a house in a city, he might redeem it only within a year after the sale. This encouraged strangers and proselytes to come and settle among them.