Comprehensive market data and analysis• Updated Dec 2025
21.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 2 |
Acreage buckets
The median price for land in Pelham, Tennessee is currently $25K per acre. For a typical parcel, the median sale price is $42K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $23K while premium lots reached $60K.
Pelham, Tennessee is currently a strong buyer's market with 21.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Pelham, Tennessee currently has 21.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in Pelham, Tennessee stands at $42K. This translates to roughly $25K per acre for the typical parcel size.
The 3-month absorption rate in Pelham, Tennessee is 4.8%. The 12-month rate is 2.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Pelham, Tennessee typically sells within 7 days of listing. The median time on market is 7 days. Properties are moving quickly in the current strong buyer's market.
Over the past 12 months, Pelham, Tennessee saw 2 properties sold, totaling $84K in sales volume. In just the last 3 months, 1 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.
