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Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
15,546
Sold (12M)
16,226
Median Price
$85K
Market Condition
Strong Buyer's Market

Tennessee Market Meter

Buyer'sSeller's
Strong Buyer's Market

12.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$85K
Avg Price/Acre
$30K
Avg Days on Market
121
Months of Supply
12.5
YoY Price Change
-15.0%
New Listings (3M)
4,909

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres2881,1562,5165,058
1-2 acres1276091,3192,749
2-5 acres1194521,0142,111
5-10 acres2046901,4022,820
10-20 acres823266481,347
20-50 acres632695371,116
50-100 acres39119243511
100+ acres2485180408
TOTAL9463,7067,85916,120
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres5058 sold / 5022 listed
1-2 acres2749 sold / 2174 listed
2-5 acres2111 sold / 1954 listed
5-10 acres2820 sold / 2434 listed
10-20 acres1347 sold / 1341 listed
20-50 acres1116 sold / 1177 listed
50-100 acres511 sold / 632 listed
100+ acres408 sold / 555 listed

Median Price by Acreage

$0$316K$631K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$3660.0M
Last 12 months
Active Listings
15,546
Current inventory
Avg Days on Market
121
Time to sell
Price Trend (YoY)
-15.0%
Year over year

Tennessee Land Market Analysis

How much is land worth in Tennessee?

The median price for land in Tennessee is currently $30K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $450K.

Is now a good time to buy land in Tennessee?

Tennessee is currently a strong buyer's market with 12.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 15.0% year-over-year.

What is the months of supply for land in Tennessee?

Tennessee currently has 12.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the median farm land value in Tennessee?

Average farm real estate in Tennessee is valued at $5K/acre. Cropland specifically averages $5K/acre. Pasture land averages $5K/acre. (Data from 2023)

What is the absorption rate for land in Tennessee?

The 3-month absorption rate in Tennessee is 8.0%. The 12-month rate is 8.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Tennessee?

There are currently 15,546 active listings in Tennessee. 4,909 new listings have hit the market in the last 90 days. The median asking price is $120K.

What is the median land price in Tennessee?

The median land price in Tennessee stands at $85K. This translates to roughly $30K per acre for the typical parcel size. The average price is $226K, indicating some higher-priced properties pulling up the average.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

Explore More Land Market Statistics

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Cities in Tennessee