Commercial Real Estate Market in Powell, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 283 off-market properties in Powell, TN.
Market Trends
Powell, TN spans 39.7 square miles in Knox County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Powell, 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 Powell, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Powell, 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 space in Powell, TN asks $170/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Powell, TN has 27,742 residents in 11,465 households. Density runs 698 people per square mile. Median household income here is $83,400 and median gross rent $1,097 a month.
27,742
Population
11,465
Households
2.4
Avg Household Size
41
Median Age
32%
College-Educated
94%
High-School Grad
39.7 sq mi
ZIP Area
698
Density / Sq Mi
$83,400
Median Household Income
$41,187
Median Earnings
$1,097
Median Rent
$263,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Heiskell | — | — |
| Clinton | — | — |
| Knoxville | — | $19.49 |
| Andersonville | — | — |
Commercial property in Powell, TN asks $96/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Powell?
Commercial property in Powell, TN asks an average of $96 per square foot. The 7 most recent recorded sales traded at a median of $216/SF. Multifamily carries the highest asking price at $170/SF.
Where does Realmo's Powell market data come from?
Realmo compiles Powell, TN figures from 7 recent recorded sales, 22 active sale listings, 4 active lease listings, 283 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 22 active for-sale and 4 active for-lease listings in Powell, 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
