Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | 1 | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 4 |
Acreage buckets
The median price for land in Hermitage, Tennessee is currently $37K per acre. For a typical parcel, the median sale price is $444K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $194K while premium lots reached $4.1M.
There are currently 6 active listings in Hermitage, Tennessee. 1 new listings have hit the market in the last 90 days. The median asking price is $1.1M.
The top-performing broker in this market is Harris Real Estate & Auction.
Land in Hermitage, Tennessee typically sells within 65 days of listing. The median time on market is 33 days. Properties are moving at a moderate pace in the current strong buyer's market.
The median land price in Hermitage, Tennessee stands at $444K. This translates to roughly $37K per acre for the typical parcel size. The average price is $1.7M, indicating some higher-priced properties pulling up the average.
The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Hermitage, Tennessee saw 4 properties sold, totaling $6.7M in sales volume.
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.
