Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 4 | 7 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 2 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | 1 | 3 | 3 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 4 | 9 | 13 |
Acreage buckets
The median price for land in Troy, Tennessee is currently $49K per acre. For a typical parcel, the median sale price is $23K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $60K.
Troy, Tennessee is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 587.5% year-over-year.
Troy, Tennessee currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Over the past 12 months, Troy, Tennessee saw 13 properties sold, totaling $443K in sales volume. In just the last 3 months, 4 properties changed hands.
The current absorption rate in Troy, Tennessee is 11.1% (3-month basis), indicating moderate demand. With appreciating values (+587.5% YoY), the market shows growth potential. The top-performing broker in this market is CENTURY 21 GOLDEN SERVICE REALTY.
The median land price in Troy, Tennessee stands at $23K. This translates to roughly $49K per acre for the typical parcel size. The average price is $34K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Troy, Tennessee is 11.1%. The 12-month rate is 9.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
