Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 238,014 ↑ 1.9% since 2020 |
| Median Household Income | $71,923 4% below national median |
| Median Home Value | $220,800 |
| Unemployment Rate | 4.1% |
| Median Age | 37.4 years |
| Housing Vacancy Rate | 17.2% |
| Total Land Sales (Past 12 Months) | 97 transactions |
| Active Listings | 51 properties |
| Avg Days on Market | 379 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $11,438 |
| Recent Sales | 94 transactions |
| Avg Days on Market | 181 days |
| Avg Parcel Size | 19.67 acres |
| Active Listings | 49 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 16.34 | $320,000 | $19,584 | 0 Main St N | Carthage |
| Mar 2026New | 3.56 | $190,125 | $53,406 | 0 Maple St | Gordonsville |
| Feb 2026 | 55.70 | $270,000 | $4,847 | 0 Nabors Hollow Ln | Hickman |
| Feb 2026 | 5.01 | $498,000 | $99,401 | 672 Sullivans Bend Rd | Elmwood |
| Feb 2026 | 9.63 | $120,000 | $12,461 | 125 Lock Seven Ln Lot 4 | Carthage |
| Feb 2026 | 5.01 | $120,000 | $23,952 | 0 Eastes Hollow Ln Lot 5 | Carthage |
| Feb 2026 | 5.01 | $120,000 | $23,952 | 0 Eastes Hollow Ln Lot 6 | Carthage |
| Feb 2026 | 5.01 | $117,500 | $23,453 | 0 Eastes Hollow Ln Lot 7 | Carthage |
| Jan 2026 | 24.50 | $335,000 | $13,673 | 6 Turkey Creek Hwy | Carthage |
| Jan 2026 | 5.10 | $50,000 | $9,804 | 0 Kempville Hwy | Carthage |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Jan 2026 | 40.00 | $370,000 | $9,250 | 0 Hogans Creek Rd | Carthage |
| Jan 2026 | 54.00 | $270,000 | $5,000 | 29 Patterson Ln | Pleasant Shade |
| Jan 2026 | 8.41 | $93,000 | $11,058 | 0 Hogans Creek Rd Lot 3 | Carthage |
| Jan 2026 | 54.00 | $270,000 | $5,000 | 0 Patterson Ln | Pleasant Shade |
| Jan 2026 | 10.83 | $79,900 | $7,378 | 0 Club Springs Rd Lot 6 | Elmwood |
| Jan 2026 | 16.48 | $134,900 | $8,186 | 0 Club Springs Rd Lot 4 & 5 | Elmwood |
| Jan 2026 | 8.87 | $96,000 | $10,823 | 0 Hogans Creek Rd Lot 4 | Carthage |
| Jan 2026 | 49.06 | $800,000 | $16,307 | 263 Club Springs Rd | Elmwood |
| Jan 2026 | 5.03 | $66,000 | $13,121 | 0 Stonewall Hwy Lot 7 | Gordonsville |
| Jan 2026 | 4.49 | $110,000 | $24,499 | 165 Holmes Gap Rd | Brush Creek |
| Dec 2025 | 35.92 | $200,000 | $5,568 | 0 Winfree Ln | Brush Creek |
| Dec 2025 | 5.01 | $72,000 | $14,371 | 0 Kempville Hwy Lot 9 | Carthage |
| Dec 2025 | 7.88 | $150,000 | $19,036 | 0 Brush Creek Cir | Brush Creek |
| Dec 2025 | 10.56 | $174,240 | $16,500 | 302 Holmes Gap Rd Lot 1 | Alexandria |
| Dec 2025 | 10.61 | $111,405 | $10,500 | 302 Holmes Gap Rd Lot 2 | Alexandria |
| Dec 2025 | 15.93 | $167,265 | $10,500 | 302 Holmes Gap Rd Lot 4 | Alexandria |
| Dec 2025 | 15.74 | $165,270 | $10,500 | 302 Holmes Gap Rd Lot 3 | Alexandria |
| Dec 2025 | 7.14 | $57,120 | $8,000 | 302 Holmes Gap Rd Lot 6 | Alexandria |
| Dec 2025 | 3.79 | $120,000 | $31,662 | 0 Bradford Hill Rd N Lot 6 | Brush Creek |
| Dec 2025 | 1.12 | $95,000 | $84,821 | 0 Wilkerson Hollow Ln Lot 4 | Brush Creek |
| Dec 2025 | 1.00 | $90,000 | $90,000 | 0 Wilkerson Hollow Ln Lot 3 | Brush Creek |
| Dec 2025 | 2.00 | $105,000 | $52,500 | 0 Wilkerson Hollow Ln Lot 5 | Brush Creek |
| Nov 2025 | 1.05 | $89,000 | $84,762 | 22 McGinnis Ln | Brush Creek |
| Nov 2025 | 7.25 | $40,000 | $5,517 | 0 Ben Gentry Ln | Elmwood |
| Nov 2025 | 33.49 | $583,991 | $17,438 | 763 Lebanon Hwy | Lebanon |
| Nov 2025 | 5.22 | $62,400 | $11,954 | 0 Sullivans Bend Rd Lot 2 | Elmwood |
| Nov 2025 | 5.12 | $62,400 | $12,188 | 0 Sullivans Bend Rd Lot 3 | Elmwood |
| Nov 2025 | 1.31 | $117,000 | $89,313 | 0 Whitefield Ln Lot 6 | Carthage |
| Nov 2025 | 5.26 | $80,000 | $15,209 | 115 Agee Branch Ln | Hickman |
| Oct 2025 | 5.01 | $60,000 | $11,976 | 0 Sloan Branch Rd | Pleasant Shade |
| Oct 2025 | 108.00 | $320,000 | $2,963 | 0 Temperance Cir | Hickman |
| Oct 2025 | 4.18 | $170,000 | $40,670 | 0 Massey Rd Lot 1 | Carthage |
| Oct 2025 | 12.36 | $78,000 | $6,311 | 17 Preston Ln | Elmwood |
| Oct 2025 | 5.77 | $46,000 | $7,972 | Hurricane Point Ln | Elmwood |
| Oct 2025 | 31.76 | $159,000 | $5,006 | 296 Little Creek Rd Lot 3 | Pleasant Shade |
| Oct 2025 | 12.31 | $195,000 | $15,841 | 0 Holmes Gap Rd | Brush Creek |
| Oct 2025 | 12.36 | $78,000 | $6,311 | 0 Preston Ln Lot 9 | Elmwood |
| Sep 2025 | 8.87 | $190,000 | $21,421 | 0 Plunkett Creek Rd Lot 4 | Gordonsville |
| Sep 2025 | 8.87 | $190,000 | $21,421 | 0 Plunkett Creek Rd | Gordonsville |
| Sep 2025 | 67.00 | $255,000 | $3,806 | 27 Bussell Ln | Gordonsville |
| Sep 2025 | 5.01 | $185,000 | $36,926 | 272 Ward Hollow Rd | Watertown |
| Sep 2025 | 5.01 | $55,000 | $10,978 | 1124 Cookeville Hwy Lot 5 | Buffalo Valley |
| Aug 2025 | 2.00 | $14,900 | $7,450 | 0 Lovells Is Lot 9 | Carthage |
| Aug 2025 | 6.57 | $75,000 | $11,416 | 0 Hogans Creek Rd Lot 5 | Carthage |
| Aug 2025 | 49.20 | $249,900 | $5,079 | 0 Turkey Creek Hwy | Carthage |
| Aug 2025 | 6.96 | $84,900 | $12,198 | 0 Hogans Creek Rd Lot 2 | Carthage |
| Aug 2025 | 17.26 | $153,500 | $8,893 | 0 Rural Academy Ln | Brush Creek |
| Aug 2025 | 4.41 | $140,000 | $31,746 | 0 Wilkerson Hollow Ln Lot 2 | Brush Creek |
| Aug 2025 | 5.01 | $49,900 | $9,960 | 0 Maggart Rd Lot 2 | Elmwood |
| Jul 2025 | 143.95 | $532,615 | $3,700 | 0 Rawls Creek Rd | Gordonsville |
| Jul 2025 | 6.12 | $70,000 | $11,438 | 411 Defeated Creek Hwy | Carthage |
| Jul 2025 | 16.00 | $115,000 | $7,188 | Lakeside Dr | Carthage |
| Jul 2025 | 16.84 | $115,000 | $6,829 | 0 Lakeside Dr | Carthage |
| Jul 2025 | 2.02 | $68,500 | $33,911 | 0 Enigma Rd Lot 3 | Chestnut Mound |
| Jun 2025 | 7.60 | $51,500 | $6,776 | 40 Grisham Hollow Ln | Elmwood |
| Jun 2025 | 1.00 | $50,000 | $50,000 | 488 Cookeville Hwy | Elmwood |
| Jun 2025 | 96.31 | $710,000 | $7,372 | 267 Grant Rd | Gordonsville |
| Jun 2025 | 24.89 | $150,000 | $6,027 | 0 Carver Hollow Ln | Pleasant Shade |
| Jun 2025 | 41.77 | $225,000 | $5,387 | 147 Big Creek Rd | Pleasant Shade |
| May 2025 | 6.11 | $70,000 | $11,457 | 2 Granville Hwy Lot 2 | Chestnut Mound |
| May 2025 | 5.01 | $105,000 | $20,958 | 117 Switchboard Rd | Brush Creek |
| May 2025 | 6.11 | $3,818,750 | $625,000 | 0 Granville Hwy Lot 2 | Chestnut Mound |
| May 2025 | 28.42 | $193,256 | $6,800 | 0 Granville Hwy Lot 4 | Chestnut Mound |
| May 2025 | 9.11 | $55,825 | $6,128 | 0 Difficult Rd | Pleasant Shade |
| May 2025 | 1.52 | $64,000 | $42,105 | 0 Key Hollow Ln Lot 1 | Carthage |
| Apr 2025 | 71.89 | $467,285 | $6,500 | 0 Granville Hwy Lot 1 | Chestnut Mound |
| Apr 2025 | 6.32 | $44,240 | $7,000 | 0 Granville Hwy Lot 3 | Chestnut Mound |
| Apr 2025 | 7.62 | $175,000 | $22,966 | 0 Granville Hwy Lot 1-2 | Chestnut Mound |
| Apr 2025 | 7.62 | $175,000 | $22,966 | 0 Granville Hwy | Chestnut Mound |
| Apr 2025 | 5.47 | $42,000 | $7,678 | 0 Austin Hollow Rd | Pleasant Shade |
| Apr 2025 | 6.75 | $94,000 | $13,926 | 0 Kemp Hollow Rd Lot 2 | Pleasant Shade |
| Apr 2025 | 6.75 | $94,000 | $13,926 | 0 Kemp Hollow Rd | Pleasant Shade |
| Apr 2025 | 5.00 | $15,000 | $3,000 | 0 Cookeville Hwy | Buffalo Valley |
| Apr 2025 | 8.16 | $46,000 | $5,637 | 71 Sullivans Bend Rd | Elmwood |
| Apr 2025 | 40.00 | $270,000 | $6,750 | 0 Friendship Hollow Rd N | Pleasant Shade |
| Apr 2025 | 2.51 | $130,000 | $51,793 | 0 S Lovers Ln | Lebanon |
| Apr 2025 | 8.16 | $46,000 | $5,637 | 0 Sullivan Bend Rd | Elmwood |
| Mar 2025 | 5.09 | $175,000 | $34,381 | 0 Lebanon Hwy Lot 16 | Lebanon |
| Mar 2025 | 26.65 | $225,000 | $8,443 | 1 Hix Rd Lot Tr 1 | Gordonsville |
| Mar 2025 | 43.97 | $1,080,000 | $24,562 | 0 Plunkett Creek Rd Lot 3-9 | Gordonsville |
| Mar 2025 | 26.65 | $225,000 | $8,443 | 1 Hix Rd | Gordonsville |
| Mar 2025 | 33.55 | $255,000 | $7,601 | 128 Hackett Valley Rd | Hickman |
| Mar 2025 | 14.00 | $200,000 | $14,286 | 61 Kemp Hollow Rd | Pleasant Shade |
| Mar 2025 | 170.95 | $700,000 | $4,095 | 1 E Potter Ln | Alexandria |
Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $30,000 |
| Recent Sales | 3 transactions |
| Avg Days on Market | 60 days |
| Avg Parcel Size | 0.27 acres |
| Active Listings | 2 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Feb 2026 | 0.14 | $30,000 | 266 Defeated Creek Hwy #A | Carthage |
| Feb 2026 | 0.34 | $30,000 | 215 Flat Rock Rd | Lebanon |
| Nov 2025 | 0.32 | $16,000 | 1 Horseshoe Bend Ln | Elmwood |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 20,196 |
| Population (2020) | 19,904 |
| Population Growth | 1.47% |
| Median Household Income | $62,799 |
| Median Home Value | $224,500 |
| Total Housing Units | 8,649 |
| Vacant Housing Units | 1,030 |
| Housing Vacancy Rate | 11.9% |
| Median Age | 40.7 |
| Bachelor's Degree or Higher | 1,783 (8.8%) |
| Unemployment Rate | 4.1% |
Market Overview
Smith County, Tennessee has a population of 20,196, which has grown 1.47% since 2020. The median household income is $62,799, below the national median of $74,580 by 15.8%. The housing vacancy rate of 11.9% 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 $12,082 per acre, with properties averaging 22.30 acres. There are currently 51 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Smith County, Tennessee?
As of the 2023 American Community Survey, Smith County has a population of 20,196. The county has grown 1.47% since the 2020 Census, indicating a growing community.
What is the median household income in Smith County?
The median household income in Smith County is $62,799, which is 15.8% below the national median of $74,580.
Is Smith County growing or shrinking?
Smith County is growing. The population has increased 1.47% since 2020.
What is the housing market like in Smith County?
The median home value in Smith County is $224,500. The housing vacancy rate is 11.9%, which suggests balanced market conditions. The unemployment rate is 4.1%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $12,082 per acre. Suburban/urban lots under 1 acre have a median lot price of $60,000.
Does Reelvest buy land in Smith County, Tennessee?
Yes! Reelvest Properties buys vacant land throughout Tennessee, including Smith 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.