Commercial Real Estate Market in Spring City, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
122 active listings and 245 off-market properties in Spring City, TN. Commercial property asks $8/SF to buy and $16.25/SF/Yr to lease.
Market Trends
Spring City, TN spans 136.2 square miles in Rhea County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Spring City, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Spring City, TN asks $315/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Spring City, 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 Spring City, TN asks $172/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
Spring City, TN has 9,213 residents in 5,004 households. Density runs 68 people per square mile. Median household income here is $57,553 and median gross rent $761 a month.
9,213
Population
5,004
Households
1.8
Avg Household Size
49
Median Age
14%
College-Educated
80%
High-School Grad
136.2 sq mi
ZIP Area
68
Density / Sq Mi
$57,553
Median Household Income
$36,369
Median Earnings
$761
Median Rent
$208,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Evensville | — | — |
| Ten Mile | — | — |
| Decatur | — | — |
| Ozone | — | — |
Commercial property in Spring City, TN asks $8/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Spring City?
Commercial property in Spring City, TN asks an average of $8 per square foot. The 3 most recent recorded sales traded at a median of $97/SF. Retail carries the highest asking price at $315/SF.
How much does it cost to lease commercial space in Spring City?
Asking lease rates in Spring City, TN average $16.25 per square foot per year.
Where does Realmo's Spring City market data come from?
Realmo compiles Spring City, TN figures from 6 recent recorded sales, 121 active sale listings, 1 active lease listings, 245 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 121 active for-sale and 1 active for-lease listings in Spring City, 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
