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Sullivan County, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
233
Sold (12M)
233
Median Price
$55K
Market Condition
Strong Buyer's Market

Sullivan County, Tennessee Market Meter

Buyer'sSeller's
Strong Buyer's Market

14.9 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$55K
Avg Price/Acre
$47K
Avg Days on Market
116
Months of Supply
14.9
YoY Price Change
-5.1%
New Listings (3M)
75

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres62551121
1-2 acres392137
2-5 acres12918
5-10 acres141428
10-20 acres14711
20-50 acres-2412
50-100 acres1126
100+ acres----
TOTAL1347108233
📊 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 acres121 sold / 119 listed
1-2 acres37 sold / 33 listed
2-5 acres18 sold / 18 listed
5-10 acres28 sold / 18 listed
10-20 acres11 sold / 16 listed
20-50 acres12 sold / 15 listed
50-100 acres6 sold / 5 listed
100+ acres0 sold / 6 listed

Median Price by Acreage

$0$173K$345K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$25.2M
Last 12 months
Active Listings
233
Current inventory
Avg Days on Market
116
Time to sell
Price Trend (YoY)
-5.1%
Year over year

Sullivan County, Tennessee Land Market Analysis

How much is land worth in Sullivan County, Tennessee?

The median price for land in Sullivan County, Tennessee is currently $47K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $275K.

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

Sullivan County, Tennessee is currently a strong buyer's market with 14.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 5.1% year-over-year.

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

Sullivan County, Tennessee currently has 14.9 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the median land price in Sullivan County, Tennessee?

The median land price in Sullivan County, Tennessee stands at $55K. This translates to roughly $47K per acre for the typical parcel size. The average price is $108K, indicating some higher-priced properties pulling up the average.

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

The current absorption rate in Sullivan County, Tennessee is 6.7% (3-month basis), indicating slow demand. With depreciating values (-5.1% YoY), buyers may find value opportunities. The top-performing broker in this market is United Country Blue Ridge- Floyd.

What is the absorption rate for land in Sullivan County, Tennessee?

The 3-month absorption rate in Sullivan County, Tennessee is 6.7%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Sullivan County, Tennessee?

There are currently 233 active listings in Sullivan County, Tennessee. 75 new listings have hit the market in the last 90 days. The median asking price is $70K.

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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