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 | 4 | 16 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | 1 | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | 1 | 3 |
| 20-50 acres | - | 2 | 2 | 3 |
| 50-100 acres | 1 | 1 | 1 | 1 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 1 | 4 | 9 | 28 |
Acreage buckets
The median price for land in Erwin, Tennessee is currently $34K per acre. For a typical parcel, the median sale price is $73K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $325K.
Erwin, 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.
Erwin, 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 14 active listings in Erwin, Tennessee. 4 new listings have hit the market in the last 90 days. The median asking price is $97K.
The current absorption rate in Erwin, Tennessee is 9.5% (3-month basis), indicating moderate demand.
Land in Erwin, Tennessee typically sells within 160 days of listing. The median time on market is 40 days. Properties are moving slowly in the current buyer's market.
Over the past 12 months, Erwin, Tennessee saw 28 properties sold, totaling $4.7M in sales volume. In just the last 3 months, 4 properties changed hands.
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.
