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Wayne County, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
125
Sold (12M)
107
Median Price
$58K
Market Condition
Strong Buyer's Market

Wayne County, Tennessee Market Meter

Buyer'sSeller's
Strong Buyer's Market

15.6 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$58K
Avg Price/Acre
$8K
Avg Days on Market
122
Months of Supply
15.6
YoY Price Change
-37.5%
New Listings (3M)
37

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres271826
1-2 acres11612
2-5 acres-1814
5-10 acres251013
10-20 acres24612
20-50 acres-4813
50-100 acres-226
100+ acres--18
TOTAL72459104
📊 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 acres26 sold / 56 listed
1-2 acres12 sold / 15 listed
2-5 acres14 sold / 12 listed
5-10 acres13 sold / 4 listed
10-20 acres12 sold / 7 listed
20-50 acres13 sold / 12 listed
50-100 acres6 sold / 6 listed
100+ acres8 sold / 10 listed

Median Price by Acreage

$0$164K$328K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$10.5M
Last 12 months
Active Listings
125
Current inventory
Avg Days on Market
122
Time to sell
Price Trend (YoY)
-37.5%
Year over year

Wayne County, Tennessee Land Market Analysis

How much is land worth in Wayne County, Tennessee?

The median price for land in Wayne County, Tennessee is currently $8K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $23K while premium lots reached $213K.

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

Wayne County, Tennessee is currently a strong buyer's market with 15.6 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 37.5% year-over-year.

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

Wayne County, Tennessee currently has 15.6 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 Wayne County, Tennessee?

The median land price in Wayne County, Tennessee stands at $58K. This translates to roughly $8K per acre for the typical parcel size. The average price is $98K, indicating some higher-priced properties pulling up the average.

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

The 3-month absorption rate in Wayne County, Tennessee is 6.4%. The 12-month rate is 7.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Wayne County, Tennessee last year?

Over the past 12 months, Wayne County, Tennessee saw 107 properties sold, totaling $10.5M in sales volume. In just the last 3 months, 24 properties changed hands.

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

The current absorption rate in Wayne County, Tennessee is 6.4% (3-month basis), indicating slow demand. With depreciating values (-37.5% YoY), buyers may find value opportunities. The top-performing broker in this market is Weichert, REALTORS - Crunk Rea.

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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