Commercial Real Estate Market in Picayune, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
224 active listings and 849 off-market properties in Picayune, MS. Commercial property asks $6/SF to buy and $11.72/SF/Yr to lease.
Market Trends
Picayune, MS spans 152.8 square miles in Pearl River County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Picayune, MS asks $148/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Picayune, MS asks $88/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Picayune, 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 space in Picayune, MS asks $114/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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
Agricultural
Single Family Residential
Highway Commercial
Two Family Residential
Heavy Industrial
Agricultural (A-1)
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.
27,897
Population
12,870
Households
2.2
Avg Household Size
41
Median Age
12%
College-Educated
87%
High-School Grad
152.8 sq mi
ZIP Area
183
Density / Sq Mi
$50,926
Median Household Income
$32,889
Median Earnings
$907
Median Rent
$161,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nicholson | — | — |
| Ozona | — | — |
| Cybur | — | — |
| Richardson | — | — |
Commercial property in Picayune, MS asks $6/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Picayune?
Commercial property in Picayune, MS asks an average of $6 per square foot. Office carries the highest asking price at $148/SF.
How much does it cost to lease commercial space in Picayune?
Asking lease rates in Picayune, MS average $11.72 per square foot per year.
Where does Realmo's Picayune market data come from?
Realmo compiles Picayune, MS figures from 213 active sale listings, 11 active lease listings, 849 tracked off-market properties, the current Picayune zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 213 active for-sale and 11 active for-lease listings in Picayune, 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: 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 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
