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Cheapest Land in Tennessee: Why Hancock County Offers the Best Price Per Acre (2025 Data)

Find the cheapest land in Tennessee per acre. Explore why Hancock County offers unbeatable prices with updated 2025 data and current listings.
Cheapest Land in Tennessee: Why Hancock County Offers the Best Price Per Acre (2025 Data)

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.

Price comparison chart

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.

Turnover ratio chart

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.

Days on Market comparison

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.

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