Hattiesburg, MS
Commercial Real Estate Market Trends & Data

Hattiesburg's Demographic Profile

Hattiesburg has 20,307 households and a median income of $39,909, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 50,487
# Households 20,307
Median age 31
Median household income $39,909
Avg household size 2.0
Renter-occupied housing units 12,917
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Hattiesburg, MS

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Columbia $316 36,072 SF 7.50%
Laurel $180 8,438 SF 8.13%
Gulfport $115 21,038 SF 9.80%
Nearby Retail Markets Avg Cost/SF Typical Size
Hattiesburg $147 56,131 SF
Lumberton $108 8,320 SF
Ellisville $42 4,800 SF
Columbia $218 5,492 SF
Laurel $214 8,279 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Hattiesburg $87 23,887 SF 8.52%
Richton $60 9,780 SF 19.04%
Gulfport $118 10,559 SF 11.45%
Biloxi $94 27,170 SF 7.23%

Commercial Properties For Sale in Hattiesburg

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Holiday Apartment Homes

Hattiesburg, MS 39402

  • 30,000 SF Multifamily
  • 8.52% Cap Rate
  • $700,000
For Sale

Heathwood Apartment Homes

Hattiesburg, MS 39402

  • 16,496 SF Multifamily
  • 7.32% Cap Rate
  • $1,080,000
For Sale

Hattiesburg Commons

Hattiesburg, MS 39402

  • 13,550 SF Retail Building
  • 7.50% Cap Rate
  • $3,500,000
For Sale

239 Hartfield Rd

Hattiesburg, MS 39402

  • 19,700 SF Multifamily
  • $2,150,000
For Sale

6690 US Highway 98

Hattiesburg, MS 39402

  • 8,335 SF Retail Building
  • $1,350,000
For Sale

307 3rd Ave

Hattiesburg, MS 39401

  • 725 SF Office Building
  • $105,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Hattiesburg pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Hattiesburg $107 63,148 SF
Lumberton $108 8,320 SF
Ellisville $42 4,800 SF
Richton $43 9,780 SF

Regional Demographic Comparison

This comparison places Hattiesburg alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hattiesburg or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Hattiesburg 50,487 20,307 31 $39,909 2 12,917 1%
Petal 10,639 4,002 35 $57,507 3 1,194 -1%
Lumberton 2,028 829 44 $47,999 2 292 9%
Ellisville 4,337 1,306 31 $26,371 3 520 -1%
Richton 632 251 43 $31,861 2 97 -10%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hattiesburg, MS and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Hattiesburg

View All Commercial Real Estate For Sale in Hattiesburg
Is Hattiesburg a good market for a first-time commercial real estate investor?

Hattiesburg offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Hattiesburg?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hattiesburg. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Hattiesburg?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hattiesburg. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Hattiesburg compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hattiesburg. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Hattiesburg acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hattiesburg, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.