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Greenback, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
51
Sold (12M)
108
Median Price
$110K
Market Condition
Balanced Market

Greenback, Tennessee Market Meter

Buyer'sSeller's
Balanced Market

7.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$110K
Avg Price/Acre
$147K
Avg Days on Market
227
Months of Supply
7.0
YoY Price Change
-32.3%
New Listings (3M)
9

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres5132586
1-2 acres-358
2-5 acres--12
5-10 acres-226
10-20 acres---2
20-50 acres-333
50-100 acres-111
100+ acres----
TOTAL52237108
📊 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 acres86 sold / 16 listed
1-2 acres8 sold / 16 listed
2-5 acres2 sold / 11 listed
5-10 acres6 sold / 6 listed
10-20 acres2 sold / 0 listed
20-50 acres3 sold / 2 listed
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$635K$1.3M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$15.6M
Last 12 months
Active Listings
51
Current inventory
Avg Days on Market
227
Time to sell
Price Trend (YoY)
-32.3%
Year over year

Greenback, Tennessee Land Market Analysis

How much is land worth in Greenback, Tennessee?

The median price for land in Greenback, Tennessee is currently $147K per acre. For a typical parcel, the median sale price is $110K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $94K while premium lots reached $172K.

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

Greenback, Tennessee is currently a balanced market with 7.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 32.3% year-over-year.

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

Greenback, Tennessee currently has 7.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

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

Land in Greenback, Tennessee averages $138K per acre. The median price per acre is $147K, which may be more representative of typical transactions. Most parcels sold are around 33,541 sq ft.

What is the total amount sold in Greenback, Tennessee last year?

Over the past 12 months, Greenback, Tennessee saw 108 properties sold, totaling $15.6M in sales volume. In just the last 3 months, 22 properties changed hands.

What is the absorption rate for land in Greenback, Tennessee?

The 3-month absorption rate in Greenback, Tennessee is 14.4%. The 12-month rate is 17.6%. 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 Greenback, Tennessee?

The median land price in Greenback, Tennessee stands at $110K. This translates to roughly $147K per acre for the typical parcel size. The average price is $146K, 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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