Tennessee Commercial Real Estate Market Report

As of September 2026 · 1,575 active listings across 293 cities

Active listings
1,575
For sale
1,575
Median asking price
$687K
Avg. advertised cap rate
6.50%
New in last 30 days
0
Submarkets
293
Inventory by property type
  • Land633 · 40%
  • Retail410 · 26%
  • Multifamily123 · 8%
  • Office123 · 8%
  • Industrial110 · 7%
  • Mixed Use75 · 5%
  • Special Purpose39 · 2%
  • Business for Sale23 · 1%
Asking price distribution (for sale)
Low $5,000Median $687KHigh $1000M

Based on 1,196 listings that publish an asking price.

Recent market activity
  • New in last 30 days0
  • New in last 90 days1,575
  • Sold or leased (180 days)9

Market analysis — September 2026

Commrty is tracking 1,575 active commercial real estate listings in Tennessee. The deepest inventory sits in land (633), retail (410), multifamily (123).

Across listings that disclose pricing, the median asking price is $687K, the median advertised cap rate is 6.50%.

0 listings were added in the last 30 days and 1,575 in the last 90, a rough read on how quickly inventory is turning over in this market.

Figures are computed from active listings published on Commrty as of September 2026 and describe listed inventory, not the entire market.