Comprehensive market data and analysis• Updated Dec 2025
8.3 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 25 | 161 | 330 | 589 |
| 1-2 acres | - | 3 | 18 | 43 |
| 2-5 acres | 5 | 19 | 38 | 93 |
| 5-10 acres | 6 | 13 | 21 | 47 |
| 10-20 acres | 2 | 9 | 15 | 29 |
| 20-50 acres | 1 | 6 | 13 | 30 |
| 50-100 acres | 1 | 2 | 3 | 7 |
| 100+ acres | - | 2 | 4 | 5 |
| TOTAL | 40 | 215 | 442 | 843 |
Acreage buckets
The median price for land in Shelby County, Tennessee is currently $47K per acre. For a typical parcel, the median sale price is $35K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $5K while premium lots reached $415K.
Shelby County, Tennessee is currently a balanced market with 8.3 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 20.0% year-over-year.
Shelby County, Tennessee currently has 8.3 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in Shelby County, Tennessee typically sells within 159 days of listing. The median time on market is 81 days. Properties are moving slowly in the current balanced market.
Land in Shelby County, Tennessee averages $329K per acre. The median price per acre is $47K, which may be more representative of typical transactions. Most parcels sold are around 14,723 sq ft.
The 3-month absorption rate in Shelby County, Tennessee is 12.0%. The 12-month rate is 11.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Shelby County, Tennessee stands at $35K. This translates to roughly $47K per acre for the typical parcel size. The average price is $176K, 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. 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.
