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How much does 1 acre of land cost in Tennessee?
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Tennessee
An average acre of land was worth ,400 in Tennessee, just higher than the ,100 per acre in the lower 48 states. Like in other states, a large portion of Tennessee's value came from its developed land, even though this accounted for less than 10% of the state's land.
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Tennessee Land Information The market value of this Tennessee land for sale is nearly billion and includes approximately 700,000 acres of Tennessee land for sale. The median price of Tennessee farmland for sale is ,000.
Additionally, how much is my land worth per acre 2019? The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged ,160 per acre for 2019, up per acre (1.9 percent) from 2018. The United States cropland value averaged ,100 per acre, an increase of per acre (1.2 percent) from the previous year.
People also ask, is land cheap in Tennessee?
Even with such a variety of attractions, land in Tennessee is relatively inexpensive. For instance, in Unicoi County, located in the states mountainous northeast, the average sales amount for a 251,911 square foot lot is ,408.
How do you calculate price per acre?
How to Calculate Cost Per Acre Averages
- Add together the total cost per acre dollar amounts you have located.
- Count the total number of cost per acre dollar amounts you found.
- Divide the number you got when you added together the different dollar amounts by the total number of cost per acre dollar amounts.
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