Commercial Real Estate Market in Terry, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 75 off-market properties in Terry, MS.
Market Trends
Terry, MS spans 97.0 square miles in Hinds County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Terry, 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 Terry, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Terry, 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 Terry, 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 64.5%
- Commercial 20.8%
- Agricultural 13.1%
- Industrial 1.6%
Largest Zones share of zoned land by district
Residential Estate District
Major Thoroughfares Commercial District
Moderate Density Residential District
Agricultural District
Moderate Density Residential District
Terry, MS zones 3,360 acres across 10 districts. Commercial zoning covers 20.8% of zoned land, residential 64.5% and industrial 1.6%. The largest single district is Residential Estate District at 38.2%. For commercial buyers the practical constraint is that only 22.4% of land carries a commercial or industrial designation.
Residential Estate District (R-E)
ON 300 - ZONING DISTRICTS For the purpose of promoting public health, safety, morals, or general welfare, the Town of T erry, Mississippi, is hereby divided into the following zoning districts: A-1 Agricultural District R-E Residential Estate District R-1 Single-Family Residential District R-2 Moderate Density Residential District R-3 High Density Residentia…
Market overview
Demographics & Economy
Terry, MS has 9,303 residents in 3,899 households. Density runs 96 people per square mile. Median household income here is $69,000 and median gross rent $972 a month.
9,303
Population
3,899
Households
2.4
Avg Household Size
47
Median Age
32%
College-Educated
91%
High-School Grad
97 sq mi
ZIP Area
96
Density / Sq Mi
$69,000
Median Household Income
$42,796
Median Earnings
$972
Median Rent
$235,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Byram | — | — |
| Crystal Springs | — | — |
| Hendrix | — | — |
| Florence | — | $12.56 |
Commercial property in Terry, MS asks $4,930/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Terry?
Commercial property in Terry, MS asks an average of $4,930 per square foot.
What zoning applies to commercial property in Terry?
Terry, MS zones 3,360 acres across 10 districts, of which 20.8% is commercial and 1.6% industrial. The largest single district is Residential Estate District at 38.2% of zoned land. ON 300 - ZONING DISTRICTS For the purpose of promoting public health, safety, morals, or general welfare, the Town of T erry, Mississippi, is hereby divided into the following zoning districts: A-1 Agricultural District R-E Residential Estate District R-1 Single-Family Residential District R-2 Moderate Density Residential District R-3 High Density Residentia… Residential zoning covers 64.5% and open space 0%.
Where does Realmo's Terry market data come from?
Realmo compiles Terry, MS figures from 16 active sale listings, 75 tracked off-market properties, the current Terry zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 0 active for-lease listings in Terry, 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: 3,360 zoned acres across 10 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
