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Ooltewah, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
43
Sold (12M)
120
Median Price
$420K
Market Condition
Seller's Market

Ooltewah, Tennessee Market Meter

Buyer'sSeller's
Seller's Market

4.8 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$420K
Avg Price/Acre
$214K
Avg Days on Market
97
Months of Supply
4.8
YoY Price Change
-64.1%
New Listings (3M)
22

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres33511
1-2 acres2133579
2-5 acres1156
5-10 acres24811
10-20 acres26610
20-50 acres----
50-100 acres--11
100+ acres---2
TOTAL102760120
📊 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 acres11 sold / 20 listed
1-2 acres79 sold / 6 listed
2-5 acres6 sold / 10 listed
5-10 acres11 sold / 4 listed
10-20 acres10 sold / 1 listed
50-100 acres1 sold / 2 listed
100+ acres2 sold / 0 listed

Median Price by Acreage

$0$2.3M$4.5M
0- 1
1- 2
2- 5
5- 10
10- 20
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$49.5M
Last 12 months
Active Listings
43
Current inventory
Avg Days on Market
97
Time to sell
Price Trend (YoY)
-64.1%
Year over year

Ooltewah, Tennessee Land Market Analysis

How much is land worth in Ooltewah, Tennessee?

The median price for land in Ooltewah, Tennessee is currently $214K per acre. For a typical parcel, the median sale price is $420K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $90K while premium lots reached $684K.

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

Ooltewah, Tennessee is currently a seller's market with 4.8 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 64.1% year-over-year.

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

Ooltewah, Tennessee currently has 4.8 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

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

Land in Ooltewah, Tennessee typically sells within 97 days of listing. The median time on market is 75 days. Properties are moving at a moderate pace in the current seller's market.

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

The current absorption rate in Ooltewah, Tennessee is 20.9% (3-month basis), indicating strong demand. With depreciating values (-64.1% YoY), buyers may find value opportunities. The top-performing broker in this market is Weichert Realtors-The Space Place.

What is the total land for sale in Ooltewah, Tennessee?

There are currently 43 active listings in Ooltewah, Tennessee. 22 new listings have hit the market in the last 90 days. The median asking price is $250K.

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

Land in Ooltewah, Tennessee averages $325K per acre. The median price per acre is $214K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.

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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