Land Market Insights and Pricing in Rhea County, Tennessee

Rhea County, Tennessee, offers diverse land opportunities across its 336 square miles, characterized by rolling hills, mountainous terrain, and significant water features. The Tennessee River forms the eastern border, while Watts Bar Lake in the northeast provides attractive waterfront properties. With 27.9% of employment in manufacturing, the county balances industrial growth with natural beauty, evident in state-protected areas like the Cumberland Trail and Laurel-Snow State Natural Area. Agricultural land thrives along river valleys, while forested hills dominate the western region. Dayton, the county seat, serves as the primary economic hub, connected by Interstate 24 and U.S. Route 27. Property taxes at 0.46% are notably below the national average, enhancing the appeal for land buyers. Despite a higher unemployment rate of 6.3%, Rhea's median home price of $178,500 offers affordability in a region poised for potential growth within the Chattanooga–Cleveland–Dalton Combined Statistical Area.