Commercial Real Estate Market in Smithville, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 35 off-market properties in Smithville, MS.
Market Trends
Smithville, MS spans 68.5 square miles in Monroe County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Smithville, 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 Smithville, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Smithville, 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 Smithville, 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 84.4%
- Industrial 8.2%
- Commercial 7.5%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential
Industrial
Commercial
Residential Growth Zone
Smithville, MS zones 887 acres across 6 districts. Commercial zoning covers 7.5% of zoned land, residential 84.4% and industrial 8.2%. The largest single district is Agricultural at 40.1%. For commercial buyers the practical constraint is that only 15.6% of land carries a commercial or industrial designation.
Commercial (C)
C Commercial District 2.10.1. Purpose. This district is intended to provide for retail and service businesses that serve the local community and the traveling public. 2.10.2. Permitted Uses. A. Automotive Repair Shop and/or Car Wash B. Automobile Sales C. Bank or Financial Institution D. Beauty/Barber Shop E. Convenience Store F. Drive-through Facilities G.…
Market overview
Demographics & Economy
Smithville, MS has 2,567 residents in 1,456 households. Density runs 37 people per square mile. Median household income here is $61,875 and median gross rent $760 a month.
2,567
Population
1,456
Households
1.8
Avg Household Size
43
Median Age
24%
College-Educated
95%
High-School Grad
68.5 sq mi
ZIP Area
37
Density / Sq Mi
$61,875
Median Household Income
$52,948
Median Earnings
$760
Median Rent
$120,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Turon | — | — |
| Parham | — | — |
| Cardsville | — | — |
| Carolina | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Smithville?
Smithville, MS zones 887 acres across 6 districts, of which 7.5% is commercial and 8.2% industrial. The largest single district is Agricultural at 40.1% of zoned land. Residential zoning covers 84.4% and open space 0%.
Where does Realmo's Smithville market data come from?
Realmo compiles Smithville, MS figures from 2 active sale listings, 35 tracked off-market properties, the current Smithville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Smithville, 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: 887 zoned acres across 6 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
