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Hancock County, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
40
Sold (12M)
38
Median Price
$81K
Market Condition
Balanced Market

Hancock County, Tennessee Market Meter

Buyer'sSeller's
Balanced Market

8.6 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$81K
Avg Price/Acre
$5K
Avg Days on Market
139
Months of Supply
8.6
YoY Price Change
-81.5%
New Listings (3M)
14

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres----
2-5 acres1122
5-10 acres2666
10-20 acres-4511
20-50 acres-2211
50-100 acres--25
100+ acres-122
TOTAL3141938
📊 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 acres1 sold / 1 listed
2-5 acres2 sold / 1 listed
5-10 acres6 sold / 2 listed
10-20 acres11 sold / 5 listed
20-50 acres11 sold / 16 listed
50-100 acres5 sold / 9 listed
100+ acres2 sold / 5 listed

Median Price by Acreage

$0$214K$427K
0- 1
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.8M
Last 12 months
Active Listings
40
Current inventory
Avg Days on Market
139
Time to sell
Price Trend (YoY)
-81.5%
Year over year

Hancock County, Tennessee Land Market Analysis

How much is land worth in Hancock County, Tennessee?

The median price for land in Hancock County, Tennessee is currently $5K per acre. For a typical parcel, the median sale price is $81K. 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 $223K.

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

Hancock County, Tennessee is currently a balanced market with 8.6 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 81.5% year-over-year.

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

Hancock County, Tennessee currently has 8.6 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the median land price in Hancock County, Tennessee?

The median land price in Hancock County, Tennessee stands at $81K. This translates to roughly $5K per acre for the typical parcel size. The average price is $126K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Hancock County, Tennessee?

Land in Hancock County, Tennessee averages $7K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 19.2 acres.

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

Over the past 12 months, Hancock County, Tennessee saw 38 properties sold, totaling $4.8M in sales volume. In just the last 3 months, 14 properties changed hands.

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

The current absorption rate in Hancock County, Tennessee is 11.7% (3-month basis), indicating moderate demand. With depreciating values (-81.5% YoY), buyers may find value opportunities. The top-performing broker in this market is Creek Country 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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