Commercial Real Estate Market in Hattiesburg, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
317 active listings and 3,377 off-market properties in Hattiesburg, MS. Commercial property asks $10/SF to buy and $14.46/SF/Yr to lease.
Market Trends
Hattiesburg, MS spans 282.4 square miles in Forrest County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hattiesburg, 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 Hattiesburg, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hattiesburg, 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 Hattiesburg, 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 63.4%
- Commercial 21.8%
- Industrial 14.5%
- Mixed use 0.3%
- Civic 0%
Largest Zones share of zoned land by district
General Agricultural
Single Family Residential
Regional Business
Light Industrial
Multifamily Residential
Hattiesburg, MS zones 30,572 acres across 33 districts. Commercial zoning covers 21.8% of zoned land, residential 63.4% and industrial 14.5%. The largest single district is General Agricultural at 24.2%. For commercial buyers the practical constraint is that only 36.3% of land carries a commercial or industrial designation.
General Agricultural (A-1)
The purpose of the A-1 Agricultural District is to permit agricultural uses and low-density residential development
Market overview
Demographics & Economy
Hattiesburg, MS has 90,490 residents in 39,025 households. Density runs 320 people per square mile. Median household income here is $56,026 and median gross rent $1,060 a month.
90,490
Population
39,025
Households
2.3
Avg Household Size
33
Median Age
37%
College-Educated
92%
High-School Grad
282.4 sq mi
ZIP Area
320
Density / Sq Mi
$56,026
Median Household Income
$32,890
Median Earnings
$1,060
Median Rent
$188,867
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Macedonia | — | — |
| Batson | — | — |
| Rawls Springs | — | — |
| Oak Grove | — | — |
Commercial property in Hattiesburg, MS asks $10/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hattiesburg?
Commercial property in Hattiesburg, MS asks an average of $10 per square foot.
How much does it cost to lease commercial space in Hattiesburg?
Asking lease rates in Hattiesburg, MS average $14.46 per square foot per year.
What zoning applies to commercial property in Hattiesburg?
Hattiesburg, MS zones 30,572 acres across 33 districts, of which 21.8% is commercial and 14.5% industrial. The largest single district is General Agricultural at 24.2% of zoned land. The purpose of the A-1 Agricultural District is to permit agricultural uses and low-density residential development Residential zoning covers 63.4% and open space 0%.
Where does Realmo's Hattiesburg market data come from?
Realmo compiles Hattiesburg, MS figures from 271 active sale listings, 46 active lease listings, 3,377 tracked off-market properties, the current Hattiesburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 271 active for-sale and 46 active for-lease listings in Hattiesburg, 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: 30,572 zoned acres across 33 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
