Commercial Real Estate Market in Pearl, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
39 active listings and 1,001 off-market properties in Pearl, MS. Commercial property asks $126/SF to buy (based on 7 listings) and $14.00/SF/Yr to lease (based on 9 listings).
Market Trends
Pearl, MS spans 47.8 square miles in Rankin County, Mississippi. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Pearl, MS has a median asking sale price of $126/SF (based on 3 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Pearl, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Pearl, 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 Pearl, 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 47.5%
- Commercial 33.8%
- Industrial 9.3%
- Civic 4.3%
- Agricultural 2.7%
- Mixed use 0.4%
Largest Zones share of zoned land by district
Pearl, MS zones 15,102 acres across 17 districts. Commercial zoning covers 33.8% of zoned land, residential 47.5% and industrial 9.3%. The largest single district is Single Family Residential at 32.7%. For commercial buyers the practical constraint is that only 43.1% of land carries a commercial or industrial designation.
R-1 A-1, R-E 10 6 R-2 A-1, R-E, R-1 10 6 R-3 A-1, R-E, R-1, R-2 15 6 R-4 All Other Districts 15 6 MHS All Other Districts 25 6 C-2 All Agricultural and Residential Districts 20 6 C-3 All Agricultural and Residential Districts 30 6 I-1 All Districts except I-2 30 6 I-2 All Districts except I-1 30 6 S-1 All Agricultural and Residential Districts 30 6 S-2 All D…
Market overview
Demographics & Economy
Pearl, MS has 34,228 residents in 13,931 households. Density runs 716 people per square mile. Median household income here is $58,878 and median gross rent $1,157 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Flowood | $228 | $18.00 |
| Jackson | $79 | $16.50 |
| Florence | $127 | $12.50 |
| Brandon | $128 | $19.35 |
Commercial property in Pearl, MS asks $126/SF. The 4 bordering markets run from $79/SF in Jackson to $228/SF in Flowood, and the city sits in line with their $127/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Pearl?
How much does it cost to lease commercial space in Pearl?
How does Pearl compare to nearby markets on price?
What zoning applies to commercial property in Pearl?
Where does Realmo's Pearl market data come from?
Methodology & data sources
- Asking prices and medians
- There are 19 active for-sale and 20 active for-lease listings in Pearl, MS. The medians are based on 7 of the for-sale and 9 of the for-lease listings, those that state a price or rent per square foot. 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: 15,102 zoned acres across 17 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
