Comprehensive market data and analysis• Updated Oct 2026
33.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 3 | 3 |
| 1-2 acres | - | - | 2 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 6 | 6 |
Acreage buckets
The median price for land in Lancaster, Tennessee is currently $14K per acre. For a typical parcel, the median sale price is $18K. 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 $585K.
Lancaster, Tennessee is currently a strong buyer's market with 33.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Lancaster, Tennessee currently has 33.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 11 active listings in Lancaster, Tennessee. 3 new listings have hit the market in the last 90 days. The median asking price is $62K.
The current absorption rate in Lancaster, Tennessee is 3.0% (3-month basis), indicating slow demand.
Land in Lancaster, Tennessee typically sells within 123 days of listing. The median time on market is 155 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Lancaster, Tennessee stands at $18K. This translates to roughly $14K per acre for the typical parcel size. The average price is $205K, indicating some higher-priced properties pulling up the average.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Lancaster on LandyDandy.
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