Comprehensive market data and analysis• Updated Dec 2025
8.6 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 3 |
| 1-2 acres | - | 3 | 6 | 8 |
| 2-5 acres | - | 1 | 1 | 4 |
| 5-10 acres | 1 | 1 | 5 | 10 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 1 | 1 | 3 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 7 | 15 | 30 |
Acreage buckets
The median price for land in Parrottsville, Tennessee is currently $14K per acre. For a typical parcel, the median sale price is $77K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $232K.
Parrottsville, Tennessee is currently a balanced market with 8.6 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 105.8% year-over-year.
Parrottsville, Tennessee currently has 8.6 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 20 active listings in Parrottsville, Tennessee. 4 new listings have hit the market in the last 90 days. The median asking price is $95K.
The current absorption rate in Parrottsville, Tennessee is 11.7% (3-month basis), indicating moderate demand. With appreciating values (+105.8% YoY), the market shows growth potential. The top-performing broker in this market is Country Living Realty.
Land in Parrottsville, Tennessee averages $22K per acre. The median price per acre is $14K, which may be more representative of typical transactions. Most parcels sold are around 4.8 acres.
Over the past 12 months, Parrottsville, Tennessee saw 30 properties sold, totaling $3.1M in sales volume. In just the last 3 months, 7 properties changed hands.
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.
