Commercial Real Estate Market in Erwin, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
9 active listings and 338 off-market properties in Erwin, TN.
Market Trends
Erwin, TN spans 97.0 square miles in Unicoi County, Tennessee. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Erwin, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Erwin, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Erwin, TN runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Erwin, TN runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.1%
- Industrial 22.4%
- Commercial 17.5%
Largest Zones share of zoned land by district
Erwin, TN zones 2,671 acres across 11 districts. Commercial zoning covers 17.5% of zoned land, residential 60.1% and industrial 22.4%. The largest single district is Low Density Residential at 46.6%. For commercial buyers the practical constraint is that only 39.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Erwin, TN has 12,329 residents in 6,352 households. Density runs 127 people per square mile. Median household income here is $49,671 and median gross rent $636 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Jonesborough | $195 | — |
| Johnson City | $142 | $19.18 |
Commercial property in Erwin, TN asks $168/SF. The 2 bordering markets run from $142/SF in Johnson City to $195/SF in Jonesborough, and the city sits in line with their $169/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Erwin?
How does Erwin compare to nearby markets on price?
What zoning applies to commercial property in Erwin?
Where does Realmo's Erwin market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 0 active for-lease listings in Erwin, TN. The sale median is based on 5 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 2,671 zoned acres across 11 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
