Comprehensive market data and analysis• Updated Dec 2025
4.3 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 4 | 5 | 7 |
| 10-20 acres | - | 2 | 2 | 3 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 7 | 8 | 13 |
Acreage buckets
The median price for land in Elmwood, Tennessee is currently $8K per acre. For a typical parcel, the median sale price is $52K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $41K while premium lots reached $100K.
Elmwood, Tennessee is currently a seller's market with 4.3 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Elmwood, Tennessee currently has 4.3 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The median land price in Elmwood, Tennessee stands at $52K. This translates to roughly $8K per acre for the typical parcel size. The average price is $67K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Elmwood, Tennessee saw 13 properties sold, totaling $875K in sales volume. In just the last 3 months, 7 properties changed hands.
Land in Elmwood, Tennessee averages $14K per acre. The median price per acre is $8K, which may be more representative of typical transactions. Most parcels sold are around 7.3 acres.
There are currently 10 active listings in Elmwood, Tennessee. 7 new listings have hit the market in the last 90 days. The median asking price is $370K.
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.