29 And if a man gives his house in a walled town for money, he has the right to get it back for the space of a full year after he has given it up. 30 And if he does not get it back by the end of the year, then the house in the town will become the property of him who gave the money for it, and of his children for ever; it will not go from him in the year of Jubilee. 31 But houses in small unwalled towns will be the same as property in the country; they may be got back, and they will go back to their owners in the year of Jubilee. 32 But the houses in the towns of the Levites may be got back by the Levites at any time. 33 And if a Levite does not give money to get back his property, his house in the town which was exchanged for money will come back to him in the year of Jubilee. For the houses of the towns of the Levites are their property among the children of Israel. 34 But the land on the outskirts of their towns may not be exchanged for money, for it is their property for ever.
Matthew Henry's Commentary on Leviticus 25:29-34
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.