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La Follette, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
24
Median Price
$63K
Market Condition
Very Hot Seller's Market

La Follette, Tennessee Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$63K
Avg Price/Acre
$47K
Avg Days on Market
1933
Months of Supply
0.0
YoY Price Change
+1006.4%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-42041
1-2 acres-127
2-5 acres--13
5-10 acres---3
10-20 acres---4
20-50 acres-111
50-100 acres---1
100+ acres----
TOTAL062460
📊 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 acres41 sold / 51 listed
1-2 acres7 sold / 0 listed
2-5 acres3 sold / 0 listed
5-10 acres3 sold / 0 listed
10-20 acres4 sold / 4 listed
20-50 acres1 sold / 0 listed
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$118K$235K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.8M
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
1933
Time to sell
Price Trend (YoY)
+1006.4%
Year over year

La Follette, Tennessee Land Market Analysis

How much is land worth in La Follette, Tennessee?

The median price for land in La Follette, Tennessee is currently $47K per acre. For a typical parcel, the median sale price is $63K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $12K while premium lots reached $397K.

What is the median land price in La Follette, Tennessee?

The median land price in La Follette, Tennessee stands at $63K. This translates to roughly $47K per acre for the typical parcel size. The average price is $199K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in La Follette, Tennessee?

The 3-month absorption rate in La Follette, Tennessee is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the average price per acre in La Follette, Tennessee?

Land in La Follette, Tennessee averages $289K per acre. The median price per acre is $47K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.

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

Over the past 12 months, La Follette, Tennessee saw 24 properties sold, totaling $4.8M in sales volume. In just the last 3 months, 4 properties changed hands.

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

Land in La Follette, Tennessee typically sells within 1933 days of listing. The median time on market is 2867 days. Properties are moving slowly in the current very hot seller's market.

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

The current absorption rate in La Follette, Tennessee is 100.0% (3-month basis), indicating strong demand. With appreciating values (+1006.4% YoY), the market shows growth potential. The top-performing broker in this market is Ayers Auction and 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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