Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 30,570 ↓ 0.7% since 2020 |
| Median Household Income | $53,102 29% below national median |
| Median Home Value | $122,700 |
| Unemployment Rate | 3.8% |
| Median Age | 41.9 years |
| Housing Vacancy Rate | 12.7% |
| Total Land Sales (Past 12 Months) | 104 transactions |
| Active Listings | 39 properties |
| Avg Days on Market | 541 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $7,513 |
| Recent Sales | 68 transactions |
| Avg Days on Market | 501 days |
| Avg Parcel Size | 25.40 acres |
| Active Listings | 21 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 5.00 | $25,000 | $5,000 | Union City |
| Mar 2026 | 5.00 | $25,000 | $5,000 | Union City |
| Jan 2026 | 25.00 | $174,020 | $6,961 | Union City |
| Jan 2026 | 3.77 | $152,592 | $40,475 | Union City |
| Jan 2026 | 110.00 | $500,000 | $4,545 | Union City |
| Dec 2025 | 6.50 | $39,000 | $6,000 | Troy |
| Dec 2025 | 22.09 | $71,000 | $3,214 | Troy |
| Dec 2025 | 111.30 | $880,000 | $7,907 | Union City |
| Dec 2025 | 1.03 | $55,000 | $53,398 | Martin |
| Dec 2025 | 4.15 | $30,000 | $7,229 | Union City |
Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $18,000 |
| Recent Sales | 36 transactions |
| Avg Days on Market | 618 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 18 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Dec 2025 | 0.22 | $21,000 | Troy |
| Dec 2025 | 0.41 | $12,000 | Troy |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 30,570 |
| Population (2020) | 30,787 |
| Population Growth | -0.7% |
| Median Household Income | $53,102 |
| Median Home Value | $122,700 |
| Total Housing Units | 14,343 |
| Vacant Housing Units | 1,827 |
| Housing Vacancy Rate | 12.7% |
| Median Age | 41.9 |
| Bachelor's Degree or Higher | 2,351 (7.7%) |
| Unemployment Rate (BLS) | 3.3% |
Market Overview
Obion County, Tennessee has a population of 30,570, which has declined 0.7% since 2020. The median household income is $53,102, below the national median of $74,580 by 28.8%. With a median home value of $122,700 and an unemployment rate of 3.3%, the local economy is struggling. The housing vacancy rate of 12.7% suggests soft market conditions. As part of Tennessee, Obion County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $7,513 per acre, with properties averaging 25.40 acres. There are currently 39 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Obion County, Tennessee?
As of the 2023 American Community Survey, Obion County has a population of 30,570. The county has declined 0.7% since the 2020 Census.
What is the median household income in Obion County?
The median household income in Obion County is $53,102, which is 28.8% below the national median of $74,580.
Is Obion County growing or shrinking?
Obion County is shrinking. The population has declined 0.7% since 2020.
What is the housing market like in Obion County?
The median home value in Obion County is $122,700. The housing vacancy rate is 12.7%, which suggests soft market conditions. The unemployment rate is 3.3%, indicating a struggling local economy. Recent rural land sales (1+ acres) show a median price of $7,513 per acre. Suburban/urban lots under 1 acre have a median lot price of $18,000.
Does Reelvest buy land in Obion County, Tennessee?
Yes! Reelvest Properties buys vacant land throughout Tennessee, including Obion 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.
