Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 25,874 ↑ 0.5% since 2020 |
| Median Household Income | $55,849 25% below national median |
| Median Home Value | $150,300 |
| Unemployment Rate | 2.9% |
| Median Age | 43.6 years |
| Housing Vacancy Rate | 32.5% |
| Total Land Sales (Past 12 Months) | 199 transactions |
| Active Listings | 134 properties |
| Avg Days on Market | 247 days |
Rural Land Sales (1+ Acres) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $26,575 |
| Recent Sales | 155 transactions |
| Avg Days on Market | 238 days |
| Avg Parcel Size | 18.10 acres |
| Active Listings | 105 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 52.56 | $416,000 | $7,915 | Palmyra |
| Feb 2026 | 17.26 | $308,000 | $17,845 | Clarksville |
| Feb 2026 | 52.56 | $600,000 | $11,416 | Clarksville |
| Feb 2026 | 5.36 | $130,000 | $24,254 | Cumberland Furnace |
| Feb 2026 | 75.35 | $650,000 | $8,626 | Cunningham |
| Feb 2026 | 2.15 | $70,000 | $32,558 | Southside |
| Feb 2026 | 2.92 | $75,000 | $25,685 | Southside |
| Feb 2026 | 9.71 | $115,000 | $11,843 | Clarksville |
| Feb 2026 | 4.69 | $65,000 | $13,859 | Woodlawn |
| Feb 2026 | 97.00 | $1,024,800 | $10,565 | Palmyra |
Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $65,000 |
| Recent Sales | 44 transactions |
| Avg Days on Market | 277 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 29 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.60 | $20,000 | Clarksville |
| Feb 2026 | 0.43 | $60,000 | Clarksville |
| Jan 2026 | 0.75 | $365,000 | Clarksville |
| Jan 2026 | 0.38 | $383,000 | Clarksville |
| Jan 2026 | 0.43 | $155,000 | Clarksville |
| Jan 2026 | 0.47 | $50,000 | Clarksville |
| Dec 2025 | 0.83 | $89,900 | Clarksville |
| Nov 2025 | 0.69 | $225,000 | Clarksville |
| Nov 2025 | 0.36 | $55,000 | Clarksville |
| Nov 2025 | 0.25 | $11,000 | Clarksville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 227,957 |
| Population (2020) | 220,069 |
| Population Growth | 3.58% |
| Median Household Income | $72,365 |
| Median Home Value | $248,300 |
| Total Housing Units | 90,226 |
| Vacant Housing Units | 5,905 |
| Housing Vacancy Rate | 6.5% |
| Median Age | 31.7 |
| Bachelor's Degree or Higher | 27,593 (12.1%) |
| Unemployment Rate (BLS) | 3.6% |
Market Overview
Montgomery County, Tennessee has a population of 227,957, which has grown 3.58% since 2020. The median household income is $72,365, below the national median of $74,580 by 3.0%. With a median home value of $248,300 and an unemployment rate of 3.6%, the local economy is moderate. The housing vacancy rate of 6.5% suggests tight 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 $26,575 per acre, with properties averaging 18.10 acres. There are currently 134 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Montgomery County, Tennessee?
As of the 2023 American Community Survey, Montgomery County has a population of 227,957. The county has grown 3.58% since the 2020 Census, indicating a growing community.
What is the median household income in Montgomery County?
The median household income in Montgomery County is $72,365, which is 3.0% below the national median of $74,580.
Is Montgomery County growing or shrinking?
Montgomery County is growing. The population has increased 3.58% since 2020.
What is the housing market like in Montgomery County?
The median home value in Montgomery County is $248,300. The housing vacancy rate is 6.5%, which suggests tight market conditions. The unemployment rate is 3.6%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $26,575 per acre. Suburban/urban lots under 1 acre have a median lot price of $65,000.
Does Reelvest buy land in Montgomery County, Tennessee?
Yes! Reelvest Properties buys vacant land throughout Tennessee, including Montgomery 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.