Commercial Real Estate Market in Normandy, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 37 off-market properties in Normandy, TN. Commercial property asks $6,000/SF to buy and $17.00/SF/Yr to lease.
Market Trends
Normandy, TN spans 27.6 square miles in Bedford County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Normandy, 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 Normandy, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Normandy, 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 Normandy, 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
Normandy, TN has 1,667 residents in 841 households. Density runs 60 people per square mile. Median household income here is $81,957 and median gross rent $795 a month.
1,667
Population
841
Households
2
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
27.6 sq mi
ZIP Area
60
Density / Sq Mi
$81,957
Median Household Income
$44,922
Median Earnings
$795
Median Rent
$241,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wartrace | — | — |
| Tullahoma | — | $25.19 |
| Manchester | — | — |
| Bell Buckle | — | — |
Commercial property in Normandy, TN asks $6,000/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Normandy?
Commercial property in Normandy, TN asks an average of $6,000 per square foot.
How much does it cost to lease commercial space in Normandy?
Asking lease rates in Normandy, TN average $17.00 per square foot per year.
Where does Realmo's Normandy market data come from?
Realmo compiles Normandy, TN figures from 2 active sale listings, 2 active lease listings, 37 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 2 active for-lease listings in Normandy, 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
