29 'And when a man selleth a dwelling-house 'in' a walled city, then hath his right of redemption been until the completion of a year from its selling; days—is his right of redemption; 30 and if it is not redeemed until the fulness to him of a perfect year, then hath the house which 'is' in a walled city been established to extinction to the buyer of it, to his generations; it goeth not out in the jubilee; 31 and a house of the villages which have no wall round about, on the field of the country is reckoned; redemption is to it, and in the jubilee it goeth out. 32 'As to cities of the Levites—houses of the cities of their possession—redemption age-during is to the Levites; 33 as to him who redeemeth from the Levites, both the sale of a house and the city of his possession have gone out in the jubilee, for the houses of the cities of the Levites are their possession in the midst of the sons of Israel. 34 And a field, a suburb of their cities, is not sold; for a possession age-during it 'is' to them.
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.