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Ridgely, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
5
Median Price
$160K
Market Condition
Very Hot Seller's Market

Ridgely, Tennessee Market Meter

Buyer'sSeller's
Very Hot Seller's Market

2.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$160K
Avg Price/Acre
$1K
Avg Days on Market
69
Months of Supply
2.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres-222
100+ acres-112
TOTAL0334
📊 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 acres0 sold / 1 listed
50-100 acres2 sold / 1 listed
100+ acres2 sold / 0 listed

Median Price by Acreage

$0$690K$1.4M
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.2M
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
69
Time to sell
Price Trend (YoY)
-
Year over year

Ridgely, Tennessee Land Market Analysis

How much is land worth in Ridgely, Tennessee?

The median price for land in Ridgely, Tennessee is currently $1K per acre. For a typical parcel, the median sale price is $160K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $130K while premium lots reached $1.6M.

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

Ridgely, Tennessee is currently a very hot seller's market with 2.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

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

Ridgely, Tennessee currently has 2.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

What is the absorption rate for land in Ridgely, Tennessee?

The 3-month absorption rate in Ridgely, Tennessee is 50.0%. The 12-month rate is 20.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

The current absorption rate in Ridgely, Tennessee is 50.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Tennessee Realty.

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

Land in Ridgely, Tennessee typically sells within 69 days of listing. The median time on market is 34 days. Properties are moving at a moderate pace in the current very hot seller's market.

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

There are currently 2 active listings in Ridgely, Tennessee. 2 new listings have hit the market in the last 90 days. The median asking price is $275K.

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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