Commercial Real Estate Market in Canton, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
197 active listings and 689 off-market properties in Canton, MS. Commercial property asks $23/SF to buy and $8.13/SF/Yr to lease.
Market Trends
Canton, MS spans 311.8 square miles in Madison County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Canton, MS asks $99/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Canton, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Canton, 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 Canton, MS runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.2%
- Commercial 17%
- Planned_development 10%
- Agricultural 8.7%
- Industrial 6.7%
- Civic 0.8%
Largest Zones share of zoned land by district
Single Family Residential District
Residential Estate
Major Thoroughfares Commercial District
Agricultural And Rural District
Heavy Industrial District
Canton, MS zones 13,038 acres across 19 districts. Commercial zoning covers 17% of zoned land, residential 56.2% and industrial 6.7%. The largest single district is Single Family Residential District at 31%. For commercial buyers the practical constraint is that only 23.7% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
DISTRICT (R-1), 56 Site, 323 Site Design Related Standards, 177 SITE GRADING PERMIT, 212 Site Plan, 21, 182, 188, 189, 195, SITE PLAN REQUIRED, 106 SITE PLAN REVIEW PROCEDURES, 187 Skating rinks and other commercial places of amusement, 36 Sketch Plan, 188 SPECIAL CONDITIONS, 311 Special Exception, 8, 21, SPECIAL EXCEPTION/CONDITIONAL USES, 50, 53, 56, 59, 6…
Market overview
Demographics & Economy
Canton, MS has 27,866 residents in 12,909 households. Density runs 89 people per square mile. Median household income here is $48,288 and median gross rent $879 a month.
27,866
Population
12,909
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
83%
High-School Grad
311.8 sq mi
ZIP Area
89
Density / Sq Mi
$48,288
Median Household Income
$33,879
Median Earnings
$879
Median Rent
$210,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sharon | — | — |
| Way | — | — |
| Farmhaven | — | — |
| Sandhill | — | — |
Commercial property in Canton, MS asks $23/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Canton?
Commercial property in Canton, MS asks an average of $23 per square foot. Office carries the highest asking price at $99/SF.
How much does it cost to lease commercial space in Canton?
Asking lease rates in Canton, MS average $8.13 per square foot per year.
What zoning applies to commercial property in Canton?
Canton, MS zones 13,038 acres across 19 districts, of which 17% is commercial and 6.7% industrial. The largest single district is Single Family Residential District at 31% of zoned land. DISTRICT (R-1), 56 Site, 323 Site Design Related Standards, 177 SITE GRADING PERMIT, 212 Site Plan, 21, 182, 188, 189, 195, SITE PLAN REQUIRED, 106 SITE PLAN REVIEW PROCEDURES, 187 Skating rinks and other commercial places of amusement, 36 Sketch Plan, 188 SPECIAL CONDITIONS, 311 Special Exception, 8, 21, SPECIAL EXCEPTION/CONDITIONAL USES, 50, 53, 56, 59, 6… Residential zoning covers 56.2% and open space 0%.
Where does Realmo's Canton market data come from?
Realmo compiles Canton, MS figures from 184 active sale listings, 13 active lease listings, 689 tracked off-market properties, the current Canton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 184 active for-sale and 13 active for-lease listings in Canton, 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.
- Zoning and land use
- The current municipal zoning release: 13,038 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
