Commercial Real Estate Market in Spring Hill, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
31 active listings and 872 off-market properties in Spring Hill, TN.
Market Trends
Spring Hill, TN spans 69.7 square miles in Maury County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Spring Hill, 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 Spring Hill, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Spring Hill, 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 Spring Hill, 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
Spring Hill, TN has 48,849 residents in 19,631 households. Density runs 701 people per square mile. Median household income here is $98,775 and median gross rent $1,724 a month.
48,849
Population
19,631
Households
2.5
Avg Household Size
35
Median Age
42%
College-Educated
95%
High-School Grad
69.7 sq mi
ZIP Area
701
Density / Sq Mi
$98,775
Median Household Income
$55,338
Median Earnings
$1,724
Median Rent
$450,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Thompsons Station | — | — |
| Santa Fe | — | — |
| Columbia | — | — |
| Bethesda | — | — |
Frequently Asked Questions
Where does Realmo's Spring Hill market data come from?
Realmo compiles Spring Hill, TN figures from 6 recent recorded sales, 23 active sale listings, 8 active lease listings, 872 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 23 active for-sale and 8 active for-lease listings in Spring Hill, 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
