Sell Your Land inTennessee
Looking to sell land in Tennessee? The median sale price for Tennessee land is $85K, with 16,226 parcels sold statewide in the past 12 months. Whether you own a small residential lot or a large rural tract, EasyLotBuyer provides fair cash offers in 24 hours and can close in as few as 7 days — no fees, no commissions, no hassle.
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.
| Acreage | Median Price | $/Acre | Sold (12mo) | For Sale | Avg DOM |
|---|---|---|---|---|---|
| Under 1 Acre | $45K | $98K | 5,058 | 5,022 | 130d |
| 1-2 Acres | $60K | $45K | 2,749 | 2,174 | 119d |
| 2-5 Acres | $75K | $25K | 2,111 | 1,954 | 115d |
| 5-10 Acres | $110K | $17K | 2,820 | 2,434 | 113d |
| 10-20 Acres | $160K | $11K | 1,347 | 1,341 | 110d |
| 20-50 Acres | $245K | $8K | 1,116 | 1,177 | 121d |
| 50-100 Acres | $358K | $5K | 511 | 632 | 139d |
| 100+ Acres | $631K | $4K | 408 | 555 | 156d |
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.
Submit Your Property
Tell us about your Tennessee land — location, size, and any details you have. No paperwork, no obligation. Takes about 2 minutes.
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.
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 Sell | 121+ days avg | 157+ days avg | 7-14 days |
| Commission/Fees | 6-10% of sale price | Listing fees + closing costs | $0 — we pay all costs |
| Closing Costs | Transfer tax: $0.37 per $100 | Transfer tax: $0.37 per $100 | We cover everything |
| Repairs/Prep | Survey, clearing may be needed | Survey, clearing, signage | We buy as-is |
| Showings | Multiple site visits | You manage all showings | No showings needed |
| Certainty | Buyer financing may fall through | High risk of no sale | Guaranteed 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.