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Nunnelly, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
28
Sold (12M)
35
Median Price
$117K
Market Condition
Buyer's Market

Nunnelly, Tennessee Market Meter

Buyer'sSeller's
Buyer's Market

9.3 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$117K
Avg Price/Acre
$12K
Avg Days on Market
120
Months of Supply
9.3
YoY Price Change
-64.4%
New Listings (3M)
6

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---3
1-2 acres-112
2-5 acres---2
5-10 acres11511
10-20 acres1455
20-50 acres-224
50-100 acres-127
100+ acres----
TOTAL291534
📊 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 acres3 sold / 4 listed
1-2 acres2 sold / 1 listed
2-5 acres2 sold / 0 listed
5-10 acres11 sold / 7 listed
10-20 acres5 sold / 7 listed
20-50 acres4 sold / 4 listed
50-100 acres7 sold / 2 listed
100+ acres0 sold / 3 listed

Median Price by Acreage

$0$241K$482K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$8.4M
Last 12 months
Active Listings
28
Current inventory
Avg Days on Market
120
Time to sell
Price Trend (YoY)
-64.4%
Year over year

Nunnelly, Tennessee Land Market Analysis

How much is land worth in Nunnelly, Tennessee?

The median price for land in Nunnelly, Tennessee is currently $12K per acre. For a typical parcel, the median sale price is $117K. 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 $530K.

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

Nunnelly, Tennessee is currently a buyer's market with 9.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 64.4% year-over-year.

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

Nunnelly, Tennessee currently has 9.3 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the average price per acre in Nunnelly, Tennessee?

Land in Nunnelly, Tennessee averages $19K per acre. The median price per acre is $12K, which may be more representative of typical transactions. Most parcels sold are around 7.8 acres.

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

Land in Nunnelly, Tennessee typically sells within 120 days of listing. The median time on market is 86 days. Properties are moving slowly in the current buyer's market.

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

The current absorption rate in Nunnelly, Tennessee is 10.7% (3-month basis), indicating moderate demand. With depreciating values (-64.4% YoY), buyers may find value opportunities. The top-performing broker in this market is Grateful Acres Realty.

What is the median land price in Nunnelly, Tennessee?

The median land price in Nunnelly, Tennessee stands at $117K. This translates to roughly $12K per acre for the typical parcel size. The average price is $240K, 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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