Commercial Real Estate Market in Picayune, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
68 active listings and 836 off-market properties in Picayune, MS. Commercial property asks $117/SF to buy and $15.53/SF/Yr to lease (based on 5 listings).
Market Trends
Picayune, MS spans 152.8 square miles in Pearl River County, Mississippi. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Picayune, MS has a median asking sale price of $142/SF (based on 4 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Picayune, MS has a median asking sale price of $105/SF (based on 9 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Picayune, MS (the middle half): Sale $70.21–$156/SF (median $105/SF, 9 listings).
Industrial
Industrial space in Picayune, MS has a median asking sale price of $124/SF (based on 8 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Typical asking range for active listings in Picayune, MS (the middle half): Sale $68.39–$160/SF (median $124/SF, 8 listings).
Multifamily
Multifamily space in Picayune, MS has a median asking sale price of $116/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Picayune, MS (the middle half): Sale $108–$124/SF (median $116/SF, 18 listings).
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 63.5%
- Agricultural 29.6%
- Planned_development 3.2%
- Open space 1.8%
- Commercial 1.5%
- Residential 0.4%
Largest Zones share of zoned land by district
ARTICLE I. - GENERAL PROVISIONS Section 101. - Establishment of district and provisions of official zoning map. 101.1 Official zoning map. The City of Picayune is hereby divided into zones or districts, as follows: A-1 General agricultural district R-1 Single-family residential district R-2 Single-family, two-family residential district R-3 Multi-family resi…
Market overview
Demographics & Economy
Picayune, MS has 27,897 residents in 12,870 households. Density runs 183 people per square mile. Median household income here is $50,926 and median gross rent $907 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Picayune?
How much does it cost to lease commercial space in Picayune?
Where does Realmo's Picayune market data come from?
Methodology & data sources
- Asking prices and medians
- There are 55 active for-sale and 13 active for-lease listings in Picayune, MS. The medians are based on 43 of the for-sale and 5 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: 11,351 zoned acres across 14 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
