Commercial Real Estate Market in Bay Saint Louis, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
374 active listings and 466 off-market properties in Bay Saint Louis, MS. Commercial property asks $68/SF to buy and $20.00/SF/Yr to lease.
Market Trends
Bay Saint Louis, MS spans 124.3 square miles in Hancock County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bay Saint Louis, MS runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Bay Saint Louis, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Bay Saint Louis, MS runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Bay Saint Louis, MS runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Bay Saint Louis, MS has 24,500 residents in 13,131 households. Density runs 197 people per square mile. Median household income here is $73,340 and median gross rent $1,263 a month.
24,500
Population
13,131
Households
1.9
Avg Household Size
47
Median Age
33%
College-Educated
91%
High-School Grad
124.3 sq mi
ZIP Area
197
Density / Sq Mi
$73,340
Median Household Income
$42,483
Median Earnings
$1,263
Median Rent
$215,874
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Waveland | — | $9.88 |
| Pass Christian | — | — |
| Clermont Harbor | — | — |
| Bayside Park | — | — |
Commercial property in Bay Saint Louis, MS asks $68/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bay Saint Louis?
Commercial property in Bay Saint Louis, MS asks an average of $68 per square foot.
How much does it cost to lease commercial space in Bay Saint Louis?
Asking lease rates in Bay Saint Louis, MS average $20.00 per square foot per year.
Where does Realmo's Bay Saint Louis market data come from?
Realmo compiles Bay Saint Louis, MS figures from 357 active sale listings, 17 active lease listings, 466 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 357 active for-sale and 17 active for-lease listings in Bay Saint Louis, MS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
