Commercial Real Estate Market in Michie, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 38 off-market properties in Michie, TN.
Market Trends
Michie, TN spans 65.7 square miles in McNairy County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Michie, 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 Michie, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Michie, 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 Michie, 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
Michie, TN has 2,999 residents in 1,436 households. Density runs 46 people per square mile. Median household income here is $53,375 and median gross rent $782 a month.
2,999
Population
1,436
Households
2.1
Avg Household Size
46
Median Age
8%
College-Educated
84%
High-School Grad
65.7 sq mi
ZIP Area
46
Density / Sq Mi
$53,375
Median Household Income
$37,228
Median Earnings
$782
Median Rent
$166,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Shiloh | — | — |
| Kendrick | — | — |
| Stantonville | — | — |
| Guys | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Michie, 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
