Comprehensive market data and analysis• Updated Oct 2026
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 6 |
Acreage buckets
The median price for land in Newbern, Tennessee is currently $9K per acre. For a typical parcel, the median sale price is $98K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $49K while premium lots reached $131K.
Newbern, Tennessee is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Newbern, Tennessee currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Newbern, Tennessee averages $9K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 12.4 acres.
The 3-month absorption rate in Newbern, Tennessee is 6.7%. The 12-month rate is 10.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Newbern, Tennessee is 6.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Walker Realty, LLC.
Land in Newbern, Tennessee typically sells within 92 days of listing. The median time on market is 27 days. Properties are moving at a moderate pace in the current strong buyer's market.
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 Newbern on LandyDandy.
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