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Westmoreland, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
45
Sold (12M)
48
Median Price
$80K
Market Condition
Strong Buyer's Market

Westmoreland, Tennessee Market Meter

Buyer'sSeller's
Strong Buyer's Market

12.3 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$80K
Avg Price/Acre
$21K
Avg Days on Market
73
Months of Supply
12.3
YoY Price Change
+63.3%
New Listings (3M)
29

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---4
1-2 acres-3812
2-5 acres1366
5-10 acres-11012
10-20 acres-145
20-50 acres-245
50-100 acres-112
100+ acres---1
TOTAL1113347
📊 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 acres4 sold / 1 listed
1-2 acres12 sold / 13 listed
2-5 acres6 sold / 6 listed
5-10 acres12 sold / 11 listed
10-20 acres5 sold / 4 listed
20-50 acres5 sold / 7 listed
50-100 acres2 sold / 3 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$737K$1.5M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$7.7M
Last 12 months
Active Listings
45
Current inventory
Avg Days on Market
73
Time to sell
Price Trend (YoY)
+63.3%
Year over year

Westmoreland, Tennessee Land Market Analysis

How much is land worth in Westmoreland, Tennessee?

The median price for land in Westmoreland, Tennessee is currently $21K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $50K while premium lots reached $286K.

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

Westmoreland, Tennessee is currently a strong buyer's market with 12.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 63.3% year-over-year.

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

Westmoreland, Tennessee currently has 12.3 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the average price per acre in Westmoreland, Tennessee?

Land in Westmoreland, Tennessee averages $31K per acre. The median price per acre is $21K, which may be more representative of typical transactions. Most parcels sold are around 5.0 acres.

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

There are currently 45 active listings in Westmoreland, Tennessee. 29 new listings have hit the market in the last 90 days. The median asking price is $175K.

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

Land in Westmoreland, Tennessee typically sells within 73 days of listing. The median time on market is 68 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

The current absorption rate in Westmoreland, Tennessee is 8.2% (3-month basis), indicating moderate demand. With appreciating values (+63.3% YoY), the market shows growth potential.

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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