Tennessee Mountains Land for Sale - 6,070 Properties (2024)

FAQs

How much is 1 acre of land worth in Tennessee? ›

Statewide, an average acre of Tennessee land is worth $14,400, but it's all about location.

Land can be had for around $4,700 per acre per the USDA. Soil in the east is ideal for growing tomatoes, as the limestone in it gives crops an acidic taste. Farms for sale in Tennessee can be found throughout the state, as can rural parcels that provide hunting and fishing opportunities.

Over the past few decades, buying Tennessee land has proven to be a lucrative investment. This state is a hub for agriculture, and it's home to dozens of high-profile companies and industries. More people are attracted to Tennessee for its business opportunities, which has increased the value of local land.

Just as it sounds, unrestricted land doesn't have any rules or requirements for how you can use or develop the land. That means that there aren't: ● Zoning laws. ● Deed requirements. ● Not within a city, town, or municipality.

The ten states with the cheapest land are Arizona, New Mexico, Mississippi, Colorado, Arkansas, New York, Missouri, Oregon, Alabama, and Michigan. Arizona is the cheapest state to buy land with a median price of $4,164 per acre.

With Tennessee's business-friendly environment, more and more companies are relocating here, bringing new residents with them. This ongoing migration and job growth lead to greater housing demand, naturally driving up land prices.

To qualify for a land loan in Tennessee, lenders typically require a minimum credit score of 720 and down payments ranging from 10% to 50%, depending on the type of land. It's essential to research specialized lenders and compare terms to find the right fit for your land acquisition needs.

How is property taxed in Tennessee? Property tax is a local tax based on the value of your house and land, which is determined by county assessors. The average tax rate was 0.67 percent of a property's assessed value in 2021, according to the Tax Foundation. Rates vary by county and municipality.

Just east of Knoxville sits Sevier County, which has the most land available in the state. Maury County, located south of Nashville, has seen the most land purchased, and Rutherford County is home to Murfreesboro, Tennessee's fastest growing city.

Tennessee's exemption for personal property is $10,000. Individual homeowners in Tennessee, then, can exempt a total of $15,000 in real and personal property combined using this and the homestead exemption compared with a total of $24,200 if the federal exemptions were available.

Can you claim land in Tennessee? ›

Under common law, Tennessee courts have held that parties in adverse possession of land for 20 years will gain title to that land, even without any assurance or color of title. When a party has remained in uninterrupted and continuous possession of land for 20 years, their ownership of the property should be presumed.

To be exempt from county zoning regulation under Tenn. Code Ann. § 13-7-114, a building or structure must meet two requirements: (1) it must be located on lands “devoted to agricultural uses;” and (2) it must be “incidental to the agricultural enterprise.” Tenn. Code Ann.

Add up the value of all the parcels you want to include in your average, if there's more than one. Divide by the total land area. That's your value per acre.

An acre of land is about the size of a football field. The value of an acre of land varies quite a bit depending on a number of factors. The average cost of land in the contiguous United States is about $12,000 per acre.

There are 24 available properties to buy in Middle Tennessee listed at $54,738 on average, with each acre priced at $4,820. For more properties near here, browse land for sale in Middle Tennessee.

The average price of land and ranches for sale here is $486,690. You can also search LandWatch to find local real estate agents who specialize in land and rural retreats in Tennessee's Eastern region.