Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 33,299 ↑ 1.3% since 2020 |
| Median Household Income | $58,133 22% below national median |
| Median Home Value | $178,500 |
| Unemployment Rate | 6.3% |
| Median Age | 41.0 years |
| Housing Vacancy Rate | 13.5% |
| Total Land Sales (Past 12 Months) | 200 transactions |
| Active Listings | 197 properties |
| Avg Days on Market | 246 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $16,871 |
| Recent Sales | 145 transactions |
| Avg Days on Market | 249 days |
| Avg Parcel Size | 13.70 acres |
| Active Listings | 108 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026New | 7.50 | $260,000 | $34,667 | Spring City |
| Feb 2026 | 17.95 | $225,000 | $12,535 | Spring City |
| Feb 2026 | 1.04 | $16,500 | $15,865 | Dayton |
| Feb 2026 | 5.10 | $93,500 | $18,333 | Graysville |
| Jan 2026 | 2.09 | $34,900 | $16,699 | Dayton |
| Jan 2026 | 1.00 | $345,000 | $345,000 | Spring City |
| Jan 2026 | 1.33 | $28,000 | $21,053 | Dayton |
| Jan 2026 | 5.20 | $140,000 | $26,923 | Dayton |
| Dec 2025 | 5.90 | $64,000 | $10,847 | Spring City |
| Dec 2025 | 19.67 | $270,000 | $13,726 | Dayton |
Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $39,000 |
| Recent Sales | 55 transactions |
| Avg Days on Market | 238 days |
| Avg Parcel Size | 0.60 acres |
| Active Listings | 89 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026New | 0.78 | $67,000 | Dayton |
| Mar 2026New | 0.78 | $67,000 | Dayton |
| Feb 2026 | 0.50 | $15,000 | Spring City |
| Jan 2026 | 0.74 | $67,000 | Dayton |
| Jan 2026 | 0.90 | $370,000 | Spring City |
| Dec 2025 | 0.76 | $3,000 | Spring City |
| Dec 2025 | 0.69 | $32,000 | Spring City |
| Dec 2025 | 0.69 | $32,000 | Spring City |
| Nov 2025 | 0.98 | $45,000 | Spring City |
| Nov 2025 | 0.69 | $67,000 | Dayton |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 33,299 |
| Population (2020) | 32,870 |
| Population Growth | 1.31% |
| Median Household Income | $58,133 |
| Median Home Value | $178,500 |
| Total Housing Units | 15,311 |
| Vacant Housing Units | 2,068 |
| Housing Vacancy Rate | 13.5% |
| Median Age | 41.0 |
| Bachelor's Degree or Higher | 2,740 (8.2%) |
| Unemployment Rate | 6.3% |
Market Overview
Rhea County, Tennessee has a population of 33,299, which has grown 1.31% since 2020. The median household income is $58,133, below the national median of $74,580 by 22.1%. The housing vacancy rate of 13.5% suggests soft 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 $16,871 per acre, with properties averaging 13.70 acres. There are currently 197 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Rhea County, Tennessee?
As of the 2023 American Community Survey, Rhea County has a population of 33,299. The county has grown 1.31% since the 2020 Census, indicating a growing community.
What is the median household income in Rhea County?
The median household income in Rhea County is $58,133, which is 22.1% below the national median of $74,580.
Is Rhea County growing or shrinking?
Rhea County is growing. The population has increased 1.31% since 2020.
What is the housing market like in Rhea County?
The median home value in Rhea County is $178,500. The housing vacancy rate is 13.5%, which suggests soft market conditions. The unemployment rate is 6.3%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $16,871 per acre. Suburban/urban lots under 1 acre have a median lot price of $39,000.
Does Reelvest buy land in Rhea County, Tennessee?
Yes! Reelvest Properties buys vacant land throughout Tennessee, including Rhea 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.