Commercial Real Estate Market in Oliver Springs, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 290 off-market properties in Oliver Springs, TN. Commercial property asks $6/SF to buy and $13.25/SF/Yr to lease.
Market Trends
Oliver Springs, TN spans 80.7 square miles in Roane County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oliver Springs, 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 Oliver Springs, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Oliver Springs, 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 Oliver Springs, 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
Oliver Springs, TN has 9,330 residents in 4,189 households. Density runs 116 people per square mile. Median household income here is $60,064 and median gross rent $630 a month.
9,330
Population
4,189
Households
2.2
Avg Household Size
44
Median Age
16%
College-Educated
87%
High-School Grad
80.7 sq mi
ZIP Area
116
Density / Sq Mi
$60,064
Median Household Income
$40,870
Median Earnings
$630
Median Rent
$185,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Coalfield | — | — |
| Oak Ridge | — | $15.92 |
| Petros | — | — |
| Clinton | — | — |
Commercial property in Oliver Springs, TN asks $6/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Oliver Springs?
Commercial property in Oliver Springs, TN asks an average of $6 per square foot. The 7 most recent recorded sales traded at a median of $60/SF.
How much does it cost to lease commercial space in Oliver Springs?
Asking lease rates in Oliver Springs, TN average $13.25 per square foot per year.
Where does Realmo's Oliver Springs market data come from?
Realmo compiles Oliver Springs, TN figures from 7 recent recorded sales, 17 active sale listings, 1 active lease listings, 290 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 17 active for-sale and 1 active for-lease listings in Oliver Springs, 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
