Commercial Real Estate Market in Monteagle, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 178 off-market properties in Monteagle, TN.
Market Trends
Monteagle, TN spans 24.6 square miles in Grundy County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Monteagle, 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 Monteagle, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Monteagle, 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 Monteagle, 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 67.7%
- Commercial 25.7%
- Civic 6.6%
Largest Zones share of zoned land by district
Low Density Residential District
Highway Commercial District
High Density Residential District
Institutional Development District
Interchange Commercial District
Monteagle, TN zones 4,830 acres across 7 districts. Commercial zoning covers 25.7% of zoned land, residential 67.7%. The largest single district is Low Density Residential District at 51.2%. For commercial buyers the practical constraint is that only 25.7% of land carries a commercial or industrial designation.
Low Density Residential District (R-1)
In the R -1 Low Density Residential District, the following uses and their accessory uses may be permitted subject to review by the Monteagle Regional Planning Commission in accordance with the provisions of Section 6.060; a. Golf courses, parks, country clubs, and public swimming pools; Monteagle Zoning Ordinance 3-3 b. Customary incidental home occupations…
Market overview
Demographics & Economy
Monteagle, TN has 2,521 residents in 1,372 households. Density runs 103 people per square mile. Median household income here is $53,792 and median gross rent $745 a month.
2,521
Population
1,372
Households
1.8
Avg Household Size
47
Median Age
25%
College-Educated
83%
High-School Grad
24.6 sq mi
ZIP Area
103
Density / Sq Mi
$53,792
Median Household Income
$32,652
Median Earnings
$745
Median Rent
$278,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sewanee | — | — |
| Pelham | — | — |
| Tracy City | — | — |
| Coalmont | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Monteagle?
Monteagle, TN zones 4,830 acres across 7 districts, of which 25.7% is commercial and 0% industrial. The largest single district is Low Density Residential District at 51.2% of zoned land. In the R -1 Low Density Residential District, the following uses and their accessory uses may be permitted subject to review by the Monteagle Regional Planning Commission in accordance with the provisions of Section 6.060; a. Golf courses, parks, country clubs, and public swimming pools; Monteagle Zoning Ordinance 3-3 b. Customary incidental home occupations… Residential zoning covers 67.7% and open space 0%.
Where does Realmo's Monteagle market data come from?
Realmo compiles Monteagle, TN figures from 3 recent recorded sales, 15 active sale listings, 178 tracked off-market properties, the current Monteagle zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 0 active for-lease listings in Monteagle, 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: 4,830 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
