Comprehensive market data and analysis• Updated Dec 2025
21.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 13 | 23 |
| 1-2 acres | - | - | 1 | 4 |
| 2-5 acres | - | 2 | 4 | 8 |
| 5-10 acres | 1 | 3 | 7 | 10 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 7 | 26 | 47 |
Acreage buckets
The median price for land in Townsend, Tennessee is currently $103K per acre. For a typical parcel, the median sale price is $103K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $49K while premium lots reached $306K.
Townsend, Tennessee is currently a strong buyer's market with 21.9 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 10.0% year-over-year.
Townsend, Tennessee currently has 21.9 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Townsend, Tennessee averages $701K per acre. The median price per acre is $103K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
Land in Townsend, Tennessee typically sells within 181 days of listing. The median time on market is 142 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Townsend, Tennessee is 4.6% (3-month basis), indicating slow demand. With depreciating values (-10.0% YoY), buyers may find value opportunities. The top-performing broker in this market is Realty Executives Associates.
The median land price in Townsend, Tennessee stands at $103K. This translates to roughly $103K per acre for the typical parcel size. The average price is $135K, indicating some higher-priced properties pulling up the average.
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.