Commercial Real Estate Market in Summit, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
56 active listings and 151 off-market properties in Summit, MS. Commercial property asks $10/SF to buy and $14.36/SF/Yr to lease.
Market Trends
Summit, MS spans 163.5 square miles in Pike County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Summit, MS asks $54/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 Summit, MS asks $52/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 Summit, 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 Summit, MS runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Summit, MS has 10,467 residents in 4,714 households. Density runs 64 people per square mile. Median household income here is $44,836 and median gross rent $855 a month.
10,467
Population
4,714
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
91%
High-School Grad
163.5 sq mi
ZIP Area
64
Density / Sq Mi
$44,836
Median Household Income
$34,824
Median Earnings
$855
Median Rent
$155,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Johnston | — | — |
| McComb | — | $12.23 |
| Farwood | — | — |
| Fernwood | — | — |
Commercial property in Summit, MS asks $10/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Summit?
Commercial property in Summit, MS asks an average of $10 per square foot. Office carries the highest asking price at $54/SF.
How much does it cost to lease commercial space in Summit?
Asking lease rates in Summit, MS average $14.36 per square foot per year.
Where does Realmo's Summit market data come from?
Realmo compiles Summit, MS figures from 48 active sale listings, 8 active lease listings, 151 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 8 active for-lease listings in Summit, 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.
- 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
