Commercial Real Estate Market in Forest, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 460 off-market properties in Forest, MS.
Market Trends
Forest, MS spans 277.4 square miles in Scott County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Forest, 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 Forest, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Forest, 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 Forest, 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
- Agricultural 52%
- Residential 22.6%
- Industrial 16.3%
- Commercial 9.1%
Largest Zones share of zoned land by district
Agricultural
Light Industrial
Single Family Residential
Single And Multifamily District
General Commercial
Agricultural (A)
The objective of the Agriculture/Open Space Protection District (AO) is to preserve environmentally sensitive land areas such as floodplains and agricultural areas which are not suitable for dense development and which are generally outside of areas served by public water and sanitary sewer systems
Market overview
Demographics & Economy
Forest, MS has 14,552 residents in 6,222 households. Density runs 52 people per square mile. Median household income here is $46,890 and median gross rent $795 a month.
14,552
Population
6,222
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
75%
High-School Grad
277.4 sq mi
ZIP Area
52
Density / Sq Mi
$46,890
Median Household Income
$31,378
Median Earnings
$795
Median Rent
$114,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hillsboro | — | — |
| Lake | — | — |
| Harperville | — | — |
| Pulaski | — | — |
Commercial property in Forest, MS asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Forest?
Commercial property in Forest, MS asks an average of $2 per square foot.
Where does Realmo's Forest market data come from?
Realmo compiles Forest, MS figures from 30 active sale listings, 5 active lease listings, 460 tracked off-market properties, the current Forest zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 5 active for-lease listings in Forest, 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: 8,681 zoned acres across 8 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
