Commercial Real Estate Market in Columbus, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
101 active listings and 1,823 off-market properties in Columbus, MS.
Market Trends
Columbus, MS spans 356.5 square miles in Lowndes County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Columbus, MS runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Columbus, MS asks $65/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Columbus, 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 Columbus, 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 40.5%
- Agricultural 30.7%
- Commercial 15.6%
- Industrial 13.2%
Largest Zones share of zoned land by district
Single Family Residential
General Agricultural
Highway Commercial
Heavy Industrial
Light Industrial
Single Family Residential (R-1)
Sec. 2. - R-1 Single-Family Residential District. [2.1. General description.] This is the most restrictive residential district. The principal use of land is for single-family dwellings and with special permission, related recreational, religious and educational facilities normally required to provide the basic elements of a balanced and attractive residenti…
Market overview
Demographics & Economy
Columbus, MS has 48,921 residents in 23,033 households. Density runs 137 people per square mile. Median household income here is $52,237 and median gross rent $913 a month.
48,921
Population
23,033
Households
2.1
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
356.5 sq mi
ZIP Area
137
Density / Sq Mi
$52,237
Median Household Income
$38,163
Median Earnings
$913
Median Rent
$160,780
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| McCrary | — | — |
| Columbus AFB | — | — |
| Steens | — | — |
| Trinity | — | — |
Commercial property in Columbus, MS asks $148/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Columbus?
Commercial property in Columbus, MS asks an average of $148 per square foot. Retail carries the highest asking price at $65/SF.
Where does Realmo's Columbus market data come from?
Realmo compiles Columbus, MS figures from 2 recent recorded sales, 93 active sale listings, 8 active lease listings, 1,823 tracked off-market properties, the current Columbus zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 93 active for-sale and 8 active for-lease listings in Columbus, 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: 14,468 zoned acres across 13 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
