Comprehensive market data and analysis• Updated Dec 2025
10.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Drummonds, Tennessee is currently $11K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $55K while premium lots reached $138K.
Drummonds, Tennessee is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 40.1% year-over-year.
Drummonds, Tennessee currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 7 active listings in Drummonds, Tennessee. 2 new listings have hit the market in the last 90 days. The median asking price is $65K.
The current absorption rate in Drummonds, Tennessee is 9.5% (3-month basis), indicating moderate demand. With depreciating values (-40.1% YoY), buyers may find value opportunities. The top-performing broker in this market is KAIZEN Realty, LLC.
Land in Drummonds, Tennessee typically sells within 162 days of listing. The median time on market is 113 days. Properties are moving slowly in the current buyer's market.
The median land price in Drummonds, Tennessee stands at $80K. This translates to roughly $11K per acre for the typical parcel size. The average price is $91K, indicating some higher-priced properties pulling up the average.
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.