Commercial Real Estate Market in Walnut, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 93 off-market properties in Walnut, MS.
Market Trends
Walnut, MS spans 134.3 square miles in Tippah County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Walnut, 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 Walnut, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Walnut, 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 Walnut, 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
Walnut, MS has 4,948 residents in 1,919 households. Density runs 37 people per square mile. Median household income here is $36,992 and median gross rent $563 a month.
4,948
Population
1,919
Households
2.6
Avg Household Size
42
Median Age
12%
College-Educated
77%
High-School Grad
134.3 sq mi
ZIP Area
37
Density / Sq Mi
$36,992
Median Household Income
$38,694
Median Earnings
$563
Median Rent
$113,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chalybeate | — | — |
| Brownfield | — | — |
| Tiplersville | — | — |
| Essary Springs | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 0 active for-lease listings in Walnut, 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
