Comprehensive market data and analysis• Updated Oct 2026
11.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 23 | 46 | 84 |
| 1-2 acres | 1 | 7 | 10 | 14 |
| 2-5 acres | 5 | 8 | 13 | 16 |
| 5-10 acres | 2 | 3 | 3 | 4 |
| 10-20 acres | - | 1 | 2 | 7 |
| 20-50 acres | - | - | 1 | 8 |
| 50-100 acres | - | - | 1 | 5 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 11 | 42 | 76 | 139 |
Acreage buckets
The median price for land in Morristown, Tennessee is currently $65K per acre. For a typical parcel, the median sale price is $64K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $26K while premium lots reached $355K.
Morristown, Tennessee is currently a buyer's market with 11.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 48.3% year-over-year.
Morristown, Tennessee currently has 11.4 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Morristown, Tennessee typically sells within 172 days of listing. The median time on market is 75 days. Properties are moving slowly in the current buyer's market.
There are currently 159 active listings in Morristown, Tennessee. 68 new listings have hit the market in the last 90 days. The median asking price is $93K.
The median land price in Morristown, Tennessee stands at $64K. This translates to roughly $65K per acre for the typical parcel size. The average price is $177K, indicating some higher-priced properties pulling up the average.
Land in Morristown, Tennessee averages $133K per acre. The median price per acre is $65K, which may be more representative of typical transactions. Most parcels sold are around 31,799 sq ft.
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 Morristown on LandyDandy.
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