Market Conditions
Realtracs MLS — Land, Lots, Farms — Montgomery County, TN — 0.25–50 AC — Report Date: 04/05/2026
15.3
Months of Supply
↑ 30% YoY
$150,078
Avg Sale Price
↓ 6% YoY
$155,000
Median Sale Price
↑ 48% YoY
95
Avg DOM (Closed)
↑ 83% YoY
150
Total Inventory
↓ 5% YoY
122
Active Listings
↑ 5% YoY
$515,876
Avg List Price (Active)
↑ 40% YoY
Average Sale Price — YoY Trend
Market Velocity Indicators
Market Signal: At 15.3 months of supply, Montgomery County land is firmly in buyer’s market territory
(6+ months favors buyers). Days on market surged 83% year-over-year to 95 days, and closings dropped 25%.
Active listing prices average $515K while closings average $150K — a 71% gap that signals significant seller overpricing across the market.
Only 9 parcels closed in March 2026 out of 150 total inventory, a 6% absorption rate.