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Knoxville, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
172
Sold (12M)
354
Median Price
$90K
Market Condition
Balanced Market

Knoxville, Tennessee Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$90K
Avg Price/Acre
$128K
Avg Days on Market
59
Months of Supply
6.0
YoY Price Change
+9.5%
New Listings (3M)
74

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres854118213
1-2 acres-152753
2-5 acres381735
5-10 acres451124
10-20 acres13916
20-50 acres-127
50-100 acres--13
100+ acres--13
TOTAL1686186354
📊 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 acres213 sold / 70 listed
1-2 acres53 sold / 23 listed
2-5 acres35 sold / 24 listed
5-10 acres24 sold / 27 listed
10-20 acres16 sold / 16 listed
20-50 acres7 sold / 9 listed
50-100 acres3 sold / 2 listed
100+ acres3 sold / 1 listed

Median Price by Acreage

$0$600K$1.2M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$126.3M
Last 12 months
Active Listings
172
Current inventory
Avg Days on Market
59
Time to sell
Price Trend (YoY)
+9.5%
Year over year

Knoxville, Tennessee Land Market Analysis

How much is land worth in Knoxville, Tennessee?

The median price for land in Knoxville, Tennessee is currently $128K per acre. For a typical parcel, the median sale price is $90K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $33K while premium lots reached $425K.

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

Knoxville, Tennessee is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 9.5% year-over-year.

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

Knoxville, Tennessee currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the total land for sale in Knoxville, Tennessee?

There are currently 172 active listings in Knoxville, Tennessee. 74 new listings have hit the market in the last 90 days. The median asking price is $250K.

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

The current absorption rate in Knoxville, Tennessee is 16.7% (3-month basis), indicating strong demand. With appreciating values (+9.5% YoY), the market shows growth potential. The top-performing broker in this market is Realty Executives Associates.

How long does it take to sell land in Knoxville, Tennessee?

Land in Knoxville, Tennessee typically sells within 59 days of listing. The median time on market is 19 days. Properties are moving quickly in the current balanced market.

What is the median land price in Knoxville, Tennessee?

The median land price in Knoxville, Tennessee stands at $90K. This translates to roughly $128K per acre for the typical parcel size. The average price is $357K, 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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