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Cannon County, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
39
Sold (12M)
92
Median Price
$145K
Market Condition
Balanced Market

Cannon County, Tennessee Market Meter

Buyer'sSeller's
Balanced Market

7.8 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$145K
Avg Price/Acre
$20K
Avg Days on Market
167
Months of Supply
7.8
YoY Price Change
-27.5%
New Listings (3M)
9

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-127
1-2 acres---5
2-5 acres-348
5-10 acres242135
10-20 acres11216
20-50 acres-339
50-100 acres-248
100+ acres-114
TOTAL3153792
📊 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 acres7 sold / 1 listed
1-2 acres5 sold / 1 listed
2-5 acres8 sold / 2 listed
5-10 acres35 sold / 13 listed
10-20 acres16 sold / 5 listed
20-50 acres9 sold / 7 listed
50-100 acres8 sold / 5 listed
100+ acres4 sold / 5 listed

Median Price by Acreage

$0$362K$724K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$18.3M
Last 12 months
Active Listings
39
Current inventory
Avg Days on Market
167
Time to sell
Price Trend (YoY)
-27.5%
Year over year

Cannon County, Tennessee Land Market Analysis

How much is land worth in Cannon County, Tennessee?

The median price for land in Cannon County, Tennessee is currently $20K per acre. For a typical parcel, the median sale price is $145K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $54K while premium lots reached $349K.

Is now a good time to buy land in Cannon County, Tennessee?

Cannon County, Tennessee is currently a balanced market with 7.8 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 27.5% year-over-year.

What is the months of supply for land in Cannon County, Tennessee?

Cannon County, Tennessee currently has 7.8 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

How long does it take to sell land in Cannon County, Tennessee?

Land in Cannon County, Tennessee typically sells within 167 days of listing. The median time on market is 100 days. Properties are moving slowly in the current balanced market.

What is the average price per acre in Cannon County, Tennessee?

Land in Cannon County, Tennessee averages $28K per acre. The median price per acre is $20K, which may be more representative of typical transactions. Most parcels sold are around 8.1 acres.

What is the absorption rate for land in Cannon County, Tennessee?

The 3-month absorption rate in Cannon County, Tennessee is 12.8%. The 12-month rate is 19.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Cannon County, Tennessee?

The median land price in Cannon County, Tennessee stands at $145K. This translates to roughly $20K per acre for the typical parcel size. The average price is $199K, 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.

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