Comprehensive market data and analysis• Updated Oct 2026
13.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Pleasant Hill, Tennessee | ||||||
The median price for land in the Tennessee area is currently $32K per acre. For a typical parcel, the median sale price is $95K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $498K.
the Tennessee area is currently a strong buyer's market with 13.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 10.7% year-over-year.
the Tennessee area currently has 13.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, the Tennessee area saw 16,907 properties sold, totaling $4014.6M in sales volume. In just the last 3 months, 4,026 properties changed hands.
The current absorption rate in the Tennessee area is 7.7% (3-month basis), indicating slow demand. With appreciating values (+10.7% YoY), the market shows growth potential. The top-performing broker in this market is Realty Executives Associates.
There are currently 17,379 active listings in the Tennessee area. 7,169 new listings have hit the market in the last 90 days. The median asking price is $125K.
The median land price in the Tennessee area stands at $95K. This translates to roughly $32K per acre for the typical parcel size. The average price is $238K, indicating some higher-priced properties pulling up the average.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Pleasant Hill on LandyDandy.
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