Comprehensive market data and analysis• Updated Dec 2025
7.5 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | 3 | 4 | 6 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 4 | 6 | 11 |
Acreage buckets
The median price for land in Pegram, Tennessee is currently $30K per acre. For a typical parcel, the median sale price is $220K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $70K while premium lots reached $366K.
Pegram, Tennessee is currently a balanced market with 7.5 months of supply. Conditions favor neither buyers nor sellers significantly.
Pegram, Tennessee currently has 7.5 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The median land price in Pegram, Tennessee stands at $220K. This translates to roughly $30K per acre for the typical parcel size. The average price is $269K, indicating some higher-priced properties pulling up the average.
Land in Pegram, Tennessee typically sells within 115 days of listing. The median time on market is 97 days. Properties are moving at a moderate pace in the current balanced market.
Over the past 12 months, Pegram, Tennessee saw 11 properties sold, totaling $3.0M in sales volume. In just the last 3 months, 4 properties changed hands.
The 3-month absorption rate in Pegram, Tennessee is 13.3%. The 12-month rate is 9.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.