Commercial Real Estate Market in Jasper, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
168 active listings and 390 off-market properties in Jasper, TN.
Market Trends
Jasper, TN spans 48.9 square miles in Marion County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Jasper, 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 Jasper, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Jasper, 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 Jasper, TN 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 50.5%
- Industrial 24.9%
- Commercial 21.3%
- Agricultural 3.2%
Largest Zones share of zoned land by district
Low Density Residential District
Industrial District
General Commercial District
High Density Residential District
Agriculture District
Jasper, TN zones 6,585 acres across 7 districts. Commercial zoning covers 21.3% of zoned land, residential 50.5% and industrial 24.9%. The largest single district is Low Density Residential District at 30.5%. For commercial buyers the practical constraint is that only 46.3% of land carries a commercial or industrial designation.
Agriculture District (A-1)
A-1 40 20 20 20 * If fronting on a local or collector street ** If fronting on major thoroughfares (1983 Code, § 11-209, as amended by Ord. #174, May 1990 and Ord. #193, Oct. 1992, modified, and amended by Ord. #283, Feb. 2003, and Ord. #306, Aug. 2006) 14-14 14-210. Floodway fringe areas. Areas lying outside the floodway but within the areas subject to floo…
Market overview
Demographics & Economy
Jasper, TN has 8,280 residents in 3,996 households. Density runs 169 people per square mile. Median household income here is $57,854 and median gross rent $798 a month.
8,280
Population
3,996
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
87%
High-School Grad
48.9 sq mi
ZIP Area
169
Density / Sq Mi
$57,854
Median Household Income
$36,734
Median Earnings
$798
Median Rent
$141,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sequatchie | — | — |
| South Pittsburg | — | — |
| Guild | — | — |
| Bryant | — | — |
Commercial property in Jasper, TN asks $93/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jasper?
Commercial property in Jasper, TN asks an average of $93 per square foot. The 5 most recent recorded sales traded at a median of $56/SF, so asking sits 67% above the achieved median.
What zoning applies to commercial property in Jasper?
Jasper, TN zones 6,585 acres across 7 districts, of which 21.3% is commercial and 24.9% industrial. The largest single district is Low Density Residential District at 30.5% of zoned land. Residential zoning covers 50.5% and open space 0%.
Where does Realmo's Jasper market data come from?
Realmo compiles Jasper, TN figures from 8 recent recorded sales, 167 active sale listings, 1 active lease listings, 390 tracked off-market properties, the current Jasper zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 167 active for-sale and 1 active for-lease listings in Jasper, 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.
- Zoning and land use
- The current municipal zoning release: 6,585 zoned acres across 7 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
