Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 117,606 ↑ 0.2% since 2020 |
| Median Household Income | $58,082 22% below national median |
| Median Home Value | $162,700 |
| Unemployment Rate | 5.1% |
| Median Age | 37.4 years |
| Housing Vacancy Rate | 11.8% |
| Total Land Sales (Past 12 Months) | 199 transactions |
| Active Listings | 75 properties |
| Avg Days on Market | 487 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $5,455 |
| Recent Sales | 173 transactions |
| Avg Days on Market | 464 days |
| Avg Parcel Size | 41.00 acres |
| Active Listings | 58 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 140.40 | $430,000 | $3,063 | Waynesboro |
| Feb 2026 | 6.43 | $38,000 | $5,910 | Clifton |
| Feb 2026 | 10.33 | $85,000 | $8,228 | Iron City |
| Feb 2026 | 28.96 | $139,900 | $4,831 | Lutts |
| Feb 2026 | 10.33 | $85,000 | $8,228 | Iron City |
| Feb 2026 | 28.96 | $139,900 | $4,831 | Lutts |
| Feb 2026 | 15.00 | $80,000 | $5,333 | Lawrenceburg |
| Feb 2026 | 28.22 | $90,000 | $3,189 | Waynesboro |
| Dec 2025 | 2.20 | $255,000 | $115,909 | Collinwood |
| Dec 2025 | 23.00 | $150,000 | $6,522 | Westpoint |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $44,250 |
| Recent Sales | 26 transactions |
| Avg Days on Market | 640 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 17 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Dec 2025 | 0.44 | $39,000 | Clifton |
| Oct 2025 | 0.40 | $80,000 | Clifton |
| Oct 2025 | 0.45 | $80,000 | Clifton |
| Sep 2025 | 0.44 | $16,000 | Clifton |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 16,251 |
| Population (2020) | 16,232 |
| Population Growth | 0.12% |
| Median Household Income | $52,824 |
| Median Home Value | $126,600 |
| Total Housing Units | 7,205 |
| Vacant Housing Units | 1,471 |
| Housing Vacancy Rate | 20.4% |
| Median Age | 44.3 |
| Bachelor's Degree or Higher | 1,037 (6.4%) |
| Unemployment Rate | 5.1% |
Market Overview
Wayne County, Tennessee has a population of 16,251, which has grown 0.12% since 2020. The median household income is $52,824, below the national median of $74,580 by 29.2%. The housing vacancy rate of 20.4% 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 $5,455 per acre, with properties averaging 41.00 acres. There are currently 75 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Wayne County, Tennessee?
As of the 2023 American Community Survey, Wayne County has a population of 16,251. The county has grown 0.12% since the 2020 Census, indicating a growing community.
What is the median household income in Wayne County?
The median household income in Wayne County is $52,824, which is 29.2% below the national median of $74,580.
Is Wayne County growing or shrinking?
Wayne County is growing. The population has increased 0.12% since 2020.
What is the housing market like in Wayne County?
The median home value in Wayne County is $126,600. The housing vacancy rate is 20.4%, which suggests soft market conditions. The unemployment rate is 5.1%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $5,455 per acre. Suburban/urban lots under 1 acre have a median lot price of $44,250.
Does Reelvest buy land in Wayne County, Tennessee?
Yes! Reelvest Properties buys vacant land throughout Tennessee, including Wayne 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.