Land is 84.6% of the 136 active listings, with a median asking price of $399,000 against $290,000 for the whole market.
In East Tennessee, 115 active land listings are on the market. Together they state 787.6 acres. The median asking price is $399,000, or $145,724 per acre at the median. Land is 84.6% of the 136 active listings in the edition.
One hundred fifteen of the 136 active listings in the edition are land, 84.6% of the market.
Two listings in the last edition are not in this one. The longest-listed departure was 0 Kingston Pike, Knoxville, TN 37919 in Knoxville, 110 days on the market at a last asking price of $325,000.
Against the previous edition (No. 11), the active count is down 1.4% at 136, from 138; the median asking price is flat at $290,000; the median time on the market is up 3.8% at 135 days, from 130 days.
Advantage Partners Solutions’ Patrick Tynan explains why new scoring options, rising costs and evolving credit requirements are changing how lenders approach mortgage credit strategy.
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