Hancock County Land Prices: $6,400 Per Acre (2025 Analysis)
In Tennessee, land prices can vary significantly from one county to another. On average, an acre of land in Tennessee costs $31,718. However, if you're looking for the most affordable option, Hancock County stands out as the cheapest at $6,400 per acre.
In contrast, Loudon County is the most expensive with an average price of $133,200 per acre. This report will guide you through the land market in Hancock County, including current listings, market demand, and appreciation trends.
Current Cheap Land Listings in Hancock County (Updated Mar 2025)
As of Mar 05, 2025, there are 26 active listings in Hancock County with the cheapest price per acre.
Here are some of the listings with the lowest price per acre:
Address | Price | Lot Size | Price Per Acre | Link |
---|---|---|---|---|
00 Brooks Rd | $79,900 | 30.0 acres | $2,663 | View Listing |
1200 Douglas Dr #1 | $299,500 | 107.0 acres | $2,799 | View Listing |
00 Off Black Valley (459 Acres) Rd | $1,299,000 | 459.5 acres | $2,827 | View Listing |
Additionally, here are the listings with the absolute lowest price:
Address | Price | Lot Size | Price Per Acre | Link |
---|---|---|---|---|
0 Patsy Rd | $29,900 | 3.9 acres | $7,667 | View Listing |
0 Redbud Ln | $38,500 | 2.6 acres | $14,528 | View Listing |
0 Twin Ponds Ln | $49,500 | 10.7 acres | $4,613 | View Listing |
Market Demand Analysis for Hancock County
- Active Listings: 26
- Pending Sales: 4
- Sold (Last 12 months): 42
- Total Listings: 72
- Turnover Ratio: 161.5%
The turnover ratio (number of sold listings / number of active listings) in Hancock County is 162%, which is higher the state average of 95%. This indicates that land in Hancock County is more in demand compared to other parts of the state.
Relative to the number of parcels, land in Hancock County is more in demand than the state average of 0.44%. Here's a table showing the number of parcels, sold listings, and ratio for Hancock County and the top 3 counties:
County | Parcels | Sold Listings | Sold/Parcel Ratio |
---|---|---|---|
Hancock County | 6,036 | 42 | 0.70% |
Sequatchie County | 12,224 | 185 | 1.51% |
Meigs County | 9,291 | 133 | 1.43% |
Van Buren County | 7,087 | 93 | 1.31% |
Land Parcel Analysis
Relative to the number of parcels, land in Hancock County is more in demand than the state average of 0.44%. Here's how Hancock County's land market activity compares to the state average:
- Total Land Parcels in Hancock County: 6,036
- Percentage of Parcels Sold (Last 12 months): 0.70%
- State Average Percentage Sold: 0.44%
How Quickly Does Land Sell in Hancock County?
- Land in Hancock County sells slower than the state average.
- Median Days on Market in Hancock County: 146 days
- State Average: 124 days
This means that when land is listed for sale in Hancock County, it typically takes 146 days to find a buyer.
Best Land Brokers and Realtors in Hancock County
If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Hancock County who have sold the most land in Tennessee over the last 12 months.
Broker | Phone | Transactions | Total Volume | Avg DOM |
---|---|---|---|---|
Beal Properties Llc | 615-513-6022 | 5 | $35,239,518 | 845 days |
Exp Realty | 888-519-5113 | 223 | $26,556,137 | 105 days |
Whitetail Properties Real Estate, Llc | 931-372-1844 | 71 | $25,122,854 | 149 days |
Greater Downtown Realty Dba Keller Williams Realty | 423-664-1900 | 133 | $24,086,068 | 142 days |
Covey Rise Properties Llc | 615-709-6050 | 8 | $20,685,000 | 139 days |
Realty Executives Associates | 865-983-0011 | 139 | $19,007,740 | 161 days |
United Country Real Estate Leipers Fork | 615-599-3676 | 13 | $18,574,250 | 135 days |
Tim Thompson Premier Realtors | 615-790-8884 | 9 | $15,350,000 | 80 days |
Mcarthur Sanders Real Estate | 615-370-4663 | 4 | $15,079,000 | 62 days |
Mcewen Group | 931-381-1808 | 26 | $14,317,742 | 135 days |
Source
Data from this article comes from the LandScraper Platform.
The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.