Commercial Real Estate Market in Summertown, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 63 off-market properties in Summertown, TN.
Market Trends
Summertown, TN spans 101.2 square miles in Lawrence County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Summertown, 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 Summertown, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Summertown, 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 Summertown, 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
Summertown, TN has 6,100 residents in 2,589 households. Density runs 60 people per square mile. Median household income here is $60,281 and median gross rent $747 a month.
6,100
Population
2,589
Households
2.4
Avg Household Size
41
Median Age
14%
College-Educated
81%
High-School Grad
101.2 sq mi
ZIP Area
60
Density / Sq Mi
$60,281
Median Household Income
$35,878
Median Earnings
$747
Median Rent
$205,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ethridge | — | — |
| Mount Pleasant | — | — |
| Hampshire | — | — |
| Lawrenceburg | — | — |
Commercial property in Summertown, TN asks $602/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Summertown?
Commercial property in Summertown, TN asks an average of $602 per square foot.
Where does Realmo's Summertown market data come from?
Realmo compiles Summertown, TN figures from 2 recent recorded sales, 10 active sale listings, 63 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 10 active for-sale and 0 active for-lease listings in Summertown, 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
