Commercial Real Estate Market in Cowan, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 78 off-market properties in Cowan, TN.
Market Trends
Cowan, TN spans 12.4 square miles in Franklin County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cowan, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Cowan, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cowan, TN 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 Cowan, TN runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Cowan, TN has 1,972 residents in 807 households. Density runs 159 people per square mile. Median household income here is $41,484 and median gross rent $715 a month.
1,972
Population
807
Households
2.4
Avg Household Size
42
Median Age
12%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
159
Density / Sq Mi
$41,484
Median Household Income
$36,289
Median Earnings
$715
Median Rent
$132,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Decherd | — | — |
| Sewanee | — | — |
| Winchester | — | — |
| Sherwood | — | — |
Commercial property in Cowan, TN asks $84/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cowan?
Commercial property in Cowan, TN asks an average of $84 per square foot.
Where does Realmo's Cowan market data come from?
Realmo compiles Cowan, TN figures from 4 recent recorded sales, 2 active sale listings, 78 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 2 active for-sale and 0 active for-lease listings in Cowan, TN. 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
