Commercial Real Estate Market in Cleveland, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
13 active listings and 729 off-market properties in Cleveland, MS.
Market Trends
Cleveland, MS spans 88.4 square miles in Bolivar County, Mississippi. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Cleveland, MS has a median asking sale price of $76/SF (based on 4 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Cleveland, MS has a median asking sale price of $114/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Cleveland, MS runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Cleveland, MS runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.9%
- Civic 17.6%
- Commercial 17.1%
- Industrial 4.2%
- Planned_development 0.2%
Largest Zones share of zoned land by district
Cleveland, MS zones 4,824 acres across 14 districts. Commercial zoning covers 17.1% of zoned land, residential 60.9% and industrial 4.2%. The largest single district is Residential 2 District at 37.1%. For commercial buyers the practical constraint is that only 21.3% of land carries a commercial or industrial designation.
Sec. 609. - R-2: Residential District. This zoning district is designed and intended as a residential area with single-family detached homes and smaller lots than the R-1, but still with a low density or suburban level of development. This zoning district is the most common residential district in Cleveland. Permitted Uses: The following uses are identified…
Market overview
Demographics & Economy
Cleveland, MS has 17,664 residents in 7,357 households. Density runs 200 people per square mile. Median household income here is $44,239 and median gross rent $776 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Cleveland?
What zoning applies to commercial property in Cleveland?
Where does Realmo's Cleveland market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 4 active for-lease listings in Cleveland, MS. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 4,824 zoned acres across 14 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
