Commercial Real Estate Market in Waynesboro, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 471 off-market properties in Waynesboro, MS.
Market Trends
Waynesboro, MS spans 460.6 square miles in Wayne County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waynesboro, 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 Waynesboro, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Waynesboro, 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 Waynesboro, 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 41.4%
- Commercial 27.8%
- Industrial 16.3%
- Agricultural 14.6%
Largest Zones share of zoned land by district
Residential
Commercial
Agricultural
Residential
Industrial
Waynesboro, MS zones 8,346 acres across 9 districts. Commercial zoning covers 27.8% of zoned land, residential 41.4% and industrial 16.3%. The largest single district is Residential at 26.4%. For commercial buyers the practical constraint is that only 44.1% of land carries a commercial or industrial designation.
Residential (R-1)
SECTION 400 - USE REQUIREMENTS FOR RESIDENTIAL DISTRICT R-1 400.1 - Purpose and Intent. The Residential District R-1 is hereby created in order that certain areas within the city be reserved exclusively for single-family residential and related uses. It is the intent of this ordinance that existing residential developments be protected from encroachment of u…
Market overview
Demographics & Economy
Waynesboro, MS has 14,291 residents in 6,461 households. Density runs 31 people per square mile. Median household income here is $37,355 and median gross rent $762 a month.
14,291
Population
6,461
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
86%
High-School Grad
460.6 sq mi
ZIP Area
31
Density / Sq Mi
$37,355
Median Household Income
$28,407
Median Earnings
$762
Median Rent
$89,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wboro | — | — |
| Clara | — | — |
| Buckatunna | — | — |
| Shubuta | — | — |
Commercial property in Waynesboro, MS asks $666/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waynesboro?
Commercial property in Waynesboro, MS asks an average of $666 per square foot.
What zoning applies to commercial property in Waynesboro?
Waynesboro, MS zones 8,346 acres across 9 districts, of which 27.8% is commercial and 16.3% industrial. The largest single district is Residential at 26.4% of zoned land. SECTION 400 - USE REQUIREMENTS FOR RESIDENTIAL DISTRICT R-1 400.1 - Purpose and Intent. The Residential District R-1 is hereby created in order that certain areas within the city be reserved exclusively for single-family residential and related uses. It is the intent of this ordinance that existing residential developments be protected from encroachment of u… Residential zoning covers 41.4% and open space 0%.
Where does Realmo's Waynesboro market data come from?
Realmo compiles Waynesboro, MS figures from 15 active sale listings, 471 tracked off-market properties, the current Waynesboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 0 active for-lease listings in Waynesboro, 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: 8,346 zoned acres across 9 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
