Market Snapshot

Report generated March 2026

IndicatorValue
Population30,570
↓ 0.7% since 2020
Median Household Income$53,102
29% below national median
Median Home Value$122,700
Unemployment Rate3.8%
Median Age41.9 years
Housing Vacancy Rate12.7%
Total Land Sales (Past 12 Months)104 transactions
Active Listings39 properties
Avg Days on Market541 days

Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)

MetricValue
Median Price/Acre$7,513
Recent Sales68 transactions
Avg Days on Market501 days
Avg Parcel Size25.40 acres
Active Listings21 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Mar 20265.00$25,000$5,000Union City
Mar 20265.00$25,000$5,000Union City
Jan 202625.00$174,020$6,961Union City
Jan 20263.77$152,592$40,475Union City
Jan 2026110.00$500,000$4,545Union City
Dec 20256.50$39,000$6,000Troy
Dec 202522.09$71,000$3,214Troy
Dec 2025111.30$880,000$7,907Union City
Dec 20251.03$55,000$53,398Martin
Dec 20254.15$30,000$7,229Union City

Suburban/Urban Land Sales (Under 1 Acre) (Dec 2025 – Dec 2025)

MetricValue
Median Lot Price$18,000
Recent Sales36 transactions
Avg Days on Market618 days
Avg Parcel Size0.40 acres
Active Listings18 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Dec 20250.22$21,000Troy
Dec 20250.41$12,000Troy

County Profile

DemographicValue
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 Units14,343
Vacant Housing Units1,827
Housing Vacancy Rate12.7%
Median Age41.9
Bachelor's Degree or Higher2,351 (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.

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.