Commercial Real Estate Market in Russellville, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
67 active listings and 71 off-market properties in Russellville, TN.
Market Trends
Russellville, TN spans 24.1 square miles in Hamblen County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Russellville, 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 Russellville, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Russellville, 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 Russellville, 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
Russellville, TN has 4,281 residents in 1,518 households. Density runs 178 people per square mile. Median household income here is $74,904 and median gross rent $709 a month.
4,281
Population
1,518
Households
2.8
Avg Household Size
43
Median Age
15%
College-Educated
85%
High-School Grad
24.1 sq mi
ZIP Area
178
Density / Sq Mi
$74,904
Median Household Income
$48,995
Median Earnings
$709
Median Rent
$182,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Whitesburg | — | — |
| Mooresburg | — | — |
| Bulls Gap | — | — |
| Tate Springs | — | — |
Commercial property in Russellville, TN asks $19/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Russellville?
Commercial property in Russellville, TN asks an average of $19 per square foot.
Where does Realmo's Russellville market data come from?
Realmo compiles Russellville, TN figures from 2 recent recorded sales, 67 active sale listings, 71 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 67 active for-sale and 0 active for-lease listings in Russellville, 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
