Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 167,784 ↓ 0.3% since 2020 |
| Median Household Income | $82,374 10% above national median |
| Median Home Value | $241,200 |
| Unemployment Rate | 6.4% |
| Median Age | 43.9 years |
| Housing Vacancy Rate | 23.8% |
| Total Land Sales (Past 12 Months) | 199 transactions |
| Active Listings | 199 properties |
| Avg Days on Market | 107 days |
Rural Land Sales (1+ Acres) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $14,956 |
| Recent Sales | 126 transactions |
| Avg Days on Market | 100 days |
| Avg Parcel Size | 13.20 acres |
| Active Listings | 153 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 98.00 | $610,000 | $6,224 | Vonore |
| Mar 2026 | 1.90 | $27,500 | $14,474 | Maryville |
| Mar 2026 | 8.00 | $150,000 | $18,750 | Madisonville |
| Mar 2026 | 2.55 | $32,500 | $12,745 | Madisonville |
| Feb 2026 | 24.42 | $105,000 | $4,300 | Vonore |
| Feb 2026 | 4.57 | $100,000 | $21,882 | Tellico Plains |
| Feb 2026 | 1.03 | $70,000 | $67,961 | Madisonville |
| Feb 2026 | 13.31 | $105,000 | $7,889 | Madisonville |
| Feb 2026 | 15.40 | $145,000 | $9,416 | Vonore |
| Feb 2026 | 4.06 | $77,000 | $18,966 | Sweetwater |
Suburban/Urban Land Sales (Under 1 Acre) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $51,428 |
| Recent Sales | 73 transactions |
| Avg Days on Market | 118 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 46 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.34 | $29,900 | Vonore |
| Mar 2026 | 0.29 | $74,000 | Vonore |
| Feb 2026 | 0.64 | $21,100 | Madisonville |
| Feb 2026 | 0.31 | $125,000 | Tellico Plains |
| Feb 2026 | 0.31 | $125,000 | Tellico Plains |
| Feb 2026 | 0.32 | $62,500 | Vonore |
| Feb 2026 | 0.67 | $115,000 | Tellico Plains |
| Feb 2026 | 0.69 | $135,000 | Tellico Plains |
| Feb 2026 | 0.26 | $690,000 | Vonore |
| Feb 2026 | 0.94 | $55,000 | Sweetwater |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 47,054 |
| Population (2020) | 46,250 |
| Population Growth | 1.74% |
| Median Household Income | $56,648 |
| Median Home Value | $199,700 |
| Total Housing Units | 21,555 |
| Vacant Housing Units | 2,272 |
| Housing Vacancy Rate | 10.5% |
| Median Age | 44.8 |
| Bachelor's Degree or Higher | 3,605 (7.7%) |
| Unemployment Rate (BLS) | 3.5% |
Market Overview
Monroe County, Tennessee has a population of 47,054, which has grown 1.74% since 2020. The median household income is $56,648, below the national median of $74,580 by 24.0%. With a median home value of $199,700 and an unemployment rate of 3.5%, the local economy is moderate. The housing vacancy rate of 10.5% suggests balanced market conditions. The county's location in Tennessee makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $14,956 per acre, with properties averaging 13.20 acres. There are currently 199 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Monroe County, Tennessee?
As of the 2023 American Community Survey, Monroe County has a population of 47,054. The county has grown 1.74% since the 2020 Census, indicating a growing community.
What is the median household income in Monroe County?
The median household income in Monroe County is $56,648, which is 24.0% below the national median of $74,580.
Is Monroe County growing or shrinking?
Monroe County is growing. The population has increased 1.74% since 2020.
What is the housing market like in Monroe County?
The median home value in Monroe County is $199,700. The housing vacancy rate is 10.5%, which suggests balanced market conditions. The unemployment rate is 3.5%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $14,956 per acre. Suburban/urban lots under 1 acre have a median lot price of $51,428.
Does Reelvest buy land in Monroe County, Tennessee?
Yes! Reelvest Properties buys vacant land throughout Tennessee, including Monroe County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.