Commercial Real Estate Market in Springville, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 66 off-market properties in Springville, TN.
Market Trends
Springville, TN spans 67.7 square miles in Henry County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Springville, 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 Springville, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Springville, 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 Springville, 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
Springville, TN has 3,293 residents in 3,006 households. Density runs 49 people per square mile. Median household income here is $50,625.
3,293
Population
3,006
Households
1.1
Avg Household Size
56
Median Age
15%
College-Educated
90%
High-School Grad
67.7 sq mi
ZIP Area
49
Density / Sq Mi
$50,625
Median Household Income
$30,884
Median Earnings
$0
Median Rent
$151,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Big Sandy | — | — |
| Paris | — | — |
| Mansfield | — | — |
| Buchanan | — | — |
Commercial property in Springville, TN asks $2,072/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Springville?
Commercial property in Springville, TN asks an average of $2,072 per square foot. The 6 most recent recorded sales traded at a median of $115/SF, so asking sits 1704% above the achieved median.
Where does Realmo's Springville market data come from?
Realmo compiles Springville, TN figures from 7 recent recorded sales, 36 active sale listings, 66 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 36 active for-sale and 0 active for-lease listings in Springville, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
