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Sell Your Land inTennessee

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Tennessee Land Market Overview

$85K

Median Land Price

16,226

Sold (12 Months)

15,546

Active Listings

121

Avg Days on Market

$3.7B

Total Volume (12mo)

5.7%

Sell-Through Rate

$120K

Median Asking Price

-15.0%

Price Change (YoY)

The median price per acre for land in Tennessee is $30K. Sellers are listing at a median asking price of $41K/acre versus a median sold price of $30K/acre, reflecting the typical negotiation gap between asking and closing prices. Land prices have decreased 15.0% year-over-year and risen 8.2% month-over-month.

With 12.5 months of supply, Tennessee's land market is currently a buyer's market. The 12-month absorption rate is 8.7%, indicating how quickly available inventory is being purchased. The state unemployment rate is 3.6% with a GDP of $561.2 billion, which influences local demand for land and development. The current 30-year mortgage rate of 6.18% affects financing for land purchases nationwide.

Land Prices by Acreage in Tennessee

How land values in Tennessee vary by parcel size, based on recent sales data.

AcreageMedian Price$/AcreSold (12mo)For SaleAvg DOM
Under 1 Acre$45K$98K5,0585,022130d
1-2 Acres$60K$45K2,7492,174119d
2-5 Acres$75K$25K2,1111,954115d
5-10 Acres$110K$17K2,8202,434113d
10-20 Acres$160K$11K1,3471,341110d
20-50 Acres$245K$8K1,1161,177121d
50-100 Acres$358K$5K511632139d
100+ Acres$631K$4K408555156d

Small parcels (Under 1 Acre) in Tennessee sell for a median of $98K/acre, while larger parcels (100+ Acres) average $4K/acre — a 96% difference per acre. This per-acre discount for larger parcels is typical across most land markets.

Want to know what your specific parcel is worth?

These are county-wide averages. Your land's value depends on location, road access, utilities, zoning, and other factors. Submit your property above for a personalized cash offer based on your parcel's specific characteristics.

How to Sell Land in Tennessee — 3 Simple Steps

Sell your Tennessee land fast without the hassle of traditional listings. No commissions, no fees, no waiting.

1

Submit Your Property

Tell us about your Tennessee land — location, size, and any details you have. No paperwork, no obligation. Takes about 2 minutes.

2

Get a Cash Offer

We research your property using Tennessee market data and deliver a fair, no-obligation cash offer within 24 hours. No haggling, no surprises.

3

Close and Get Paid

Accept the offer and we handle everything — title work, closing coordination, and all closing costs. Close in as few as 7 days and receive your cash.

What Affects Land Value in Tennessee

Understanding these key factors helps you evaluate what your Tennessee vacant land is worth.

Location & Proximity

Land near cities, highways, and amenities commands higher prices. Remote parcels in Tennessee may sell for less per acre but attract buyers seeking privacy or recreational use.

Road Access & Utilities

Paved road frontage and available utilities (water, electric, sewer) significantly increase land value. Landlocked parcels or those requiring well/septic typically sell at a discount.

Zoning & Permitted Use

Residential, commercial, or agricultural zoning directly impacts what a parcel is worth. Land zoned for development in growing Tennessee markets often carries a premium.

Parcel Size

Smaller lots typically command higher per-acre prices, while larger tracts offer lower per-acre rates but higher total value. Tennessee's most active market segment varies by county.

Farmland Values in Tennessee

According to USDA data (2023), Tennessee cropland averages $5,060/acre and pastureland averages $4,960/acre. The overall average farm real estate value in Tennessee is $5,160/acre. These agricultural benchmarks provide context for rural land pricing, though individual parcel values depend on soil quality, water access, and improvements.

Sell Land in Tennessee Without a Realtor

Compare your options for selling land in Tennessee. Traditional listings can take months — we close in days.

Real Estate Agent
Sell By Owner (FSBO)
EasyLotBuyer
Time to Sell121+ days avg157+ days avg7-14 days
Commission/Fees6-10% of sale priceListing fees + closing costs$0 — we pay all costs
Closing CostsTransfer tax: $0.37 per $100Transfer tax: $0.37 per $100We cover everything
Repairs/PrepSurvey, clearing may be neededSurvey, clearing, signageWe buy as-is
ShowingsMultiple site visitsYou manage all showingsNo showings needed
CertaintyBuyer financing may fall throughHigh risk of no saleGuaranteed cash close

Land in Tennessee takes an average of 121 days to sell through traditional channels. By selling directly to EasyLotBuyer, you can skip the listing process entirely and close in as few as 7 days with a guaranteed cash offer.

Taxes and Closing Costs for Selling Land in Tennessee

Capital Gains Tax

When you sell land in Tennessee for more than you paid, the profit is subject to capital gains tax. If you've held the property for more than one year, you'll pay long-term capital gains rates (0%, 15%, or 20% federally, depending on your income).

State tax: Tennessee has no state income tax on wages. This means you only pay federal capital gains tax — no additional state tax on your land sale proceeds.

Closing Costs in Tennessee

Transfer Tax

$0.37 per $100

Typically paid by: seller

Recording Fees

$20-$40

When you sell to EasyLotBuyer, we cover all closing costs including transfer taxes, recording fees, title search, and title insurance. The cash offer you receive is the amount you take home.

Attorney & Closing Requirements

Tennessee does not require an attorney for real estate closings. Transactions are typically handled by either a title company or an attorney.

Tennessee requires seller disclosures for real property transfers. When you sell to EasyLotBuyer, we guide you through any required disclosures and handle all paperwork.

Mineral Rights in Tennessee

Mineral rights can be severed. Tennessee has significant coal mineral rights in eastern counties. If you're unsure about the mineral rights status of your property, include this information when you submit your property details and our team will research it during due diligence.

We Buy Land in Every Tennessee County

Select your county below for local market data and a cash offer, or submit your property above.

Frequently Asked Questions About Selling Land in Tennessee

Common questions from Tennessee landowners considering selling their property.

You have three main options: list with a real estate agent (6-10% commission), sell by owner (FSBO), or sell directly to a land buyer like EasyLotBuyer. Traditional listings in Tennessee take an average of 121 days to sell. With EasyLotBuyer, you submit your property details, receive a cash offer within 24 hours, and can close in as few as 7-14 days. We handle all paperwork, title work, and closing costs — you pay nothing out of pocket. Tennessee does not require an attorney for closings, making the process straightforward.