Commercial Real Estate Market in Greenville, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 1,448 off-market properties in Greenville, MS. Commercial property asks $11/SF to buy and $8.00/SF/Yr to lease.
Market Trends
Greenville, MS spans 246.0 square miles in Washington County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenville, 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 Greenville, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Greenville, 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 Greenville, 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
Greenville, MS has 33,831 residents in 15,818 households. Density runs 138 people per square mile. Median household income here is $38,371 and median gross rent $820 a month.
33,831
Population
15,818
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
79%
High-School Grad
246 sq mi
ZIP Area
138
Density / Sq Mi
$38,371
Median Household Income
$32,659
Median Earnings
$820
Median Rent
$102,862
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Crossroads | — | — |
| Metcalfe | — | — |
| Swiftwater | — | — |
| Magenta | — | — |
Commercial property in Greenville, MS asks $11/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenville?
Commercial property in Greenville, MS asks an average of $11 per square foot.
How much does it cost to lease commercial space in Greenville?
Asking lease rates in Greenville, MS average $8.00 per square foot per year.
Where does Realmo's Greenville market data come from?
Realmo compiles Greenville, MS figures from 36 active sale listings, 2 active lease listings, 1,448 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 36 active for-sale and 2 active for-lease listings in Greenville, 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
