Commercial Real Estate Market in Waverly, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 369 off-market properties in Waverly, TN.
Market Trends
Waverly, TN spans 224.5 square miles in Humphreys County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waverly, 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 Waverly, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Waverly, 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 Waverly, 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
Waverly, TN has 9,082 residents in 4,853 households. Density runs 40 people per square mile. Median household income here is $52,849 and median gross rent $827 a month.
9,082
Population
4,853
Households
1.9
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
224.5 sq mi
ZIP Area
40
Density / Sq Mi
$52,849
Median Household Income
$31,148
Median Earnings
$827
Median Rent
$182,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mc Ewen | — | — |
| New Johnsonville | — | — |
| Eva | — | — |
| Hurricane Mills | — | — |
Commercial property in Waverly, TN asks $276/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waverly?
Commercial property in Waverly, TN asks an average of $276 per square foot. The 7 most recent recorded sales traded at a median of $94/SF, so asking sits 193% above the achieved median.
Where does Realmo's Waverly market data come from?
Realmo compiles Waverly, TN figures from 7 recent recorded sales, 36 active sale listings, 369 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 Waverly, 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
