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Cookeville, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
172
Sold (12M)
168
Median Price
$63K
Market Condition
Strong Buyer's Market

Cookeville, Tennessee Market Meter

Buyer'sSeller's
Strong Buyer's Market

14.7 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$63K
Avg Price/Acre
$39K
Avg Days on Market
140
Months of Supply
14.7
YoY Price Change
+78.1%
New Listings (3M)
39

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-82962
1-2 acres351031
2-5 acres25927
5-10 acres681527
10-20 acres-6911
20-50 acres-227
50-100 acres-111
100+ acres---2
TOTAL113575168
📊 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 acres62 sold / 70 listed
1-2 acres31 sold / 29 listed
2-5 acres27 sold / 27 listed
5-10 acres27 sold / 15 listed
10-20 acres11 sold / 4 listed
20-50 acres7 sold / 13 listed
50-100 acres1 sold / 12 listed
100+ acres2 sold / 2 listed

Median Price by Acreage

$0$512K$1.0M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$117.4M
Last 12 months
Active Listings
172
Current inventory
Avg Days on Market
140
Time to sell
Price Trend (YoY)
+78.1%
Year over year

Cookeville, Tennessee Land Market Analysis

How much is land worth in Cookeville, Tennessee?

The median price for land in Cookeville, Tennessee is currently $39K per acre. For a typical parcel, the median sale price is $63K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $340K.

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

Cookeville, Tennessee is currently a strong buyer's market with 14.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 78.1% year-over-year.

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

Cookeville, Tennessee currently has 14.7 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

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

Land in Cookeville, Tennessee typically sells within 140 days of listing. The median time on market is 77 days. Properties are moving slowly in the current strong buyer's market.

What is the median land price in Cookeville, Tennessee?

The median land price in Cookeville, Tennessee stands at $63K. This translates to roughly $39K per acre for the typical parcel size. The average price is $699K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Cookeville, Tennessee?

Land in Cookeville, Tennessee averages $1.2M per acre. The median price per acre is $39K, which may be more representative of typical transactions. Most parcels sold are around 1.5 acres.

Is now a good time to invest in land in Cookeville, Tennessee?

The current absorption rate in Cookeville, Tennessee is 6.8% (3-month basis), indicating slow demand. With appreciating values (+78.1% YoY), the market shows growth potential. The top-performing broker in this market is American Way Real Estate.

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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