What Are The Best Websites to Buy Land in Tennessee (2024)

Let's face it - buying land can be overwhelming. But if you've got your heart set on a slice of Tennessee, you're in for a treat. From the misty Smokies to the rolling hills of Middle Tennessee, there's a patch of dirt with your name on it. The trick? Knowing where to look.

Before we dive into the nitty-gritty, here's a tidbit to chew on: Tennessee's got over 10.8 million acres of farmland spread across about 69,500 farms. That's a lot of open space! And get this - farmland prices jumped 5.6% between 2020 and 2021, averaging $4,150 per acre. Seems like Tennessee land isn't just pretty - it's a solid investment too.

Now, let's talk shop. Gone are the days of driving aimlessly, squinting at "For Sale" signs. The internet's changed the game, and I'm here to help you play it smart. So, grab a cup of joe, and let's explore where to find your dream property in the Volunteer State.

Lands of America: Rural Paradise Finder

First stop: Lands of America. If you're after farmland, ranches, or just a big ol' patch of nature, this site's got you covered. It's like the Costco of land listings - big selection, no frills.

What's to love:

  • Narrow your search by price, size, and location. Want 50 acres under $200K in Wilson County? They've got it.
  • Detailed descriptions and crisp photos. No more playing "guess that blurry blob."
  • Interactive maps show you exactly where that parcel sits. Is it near your favorite fishing spot? Now you'll know.
  • Direct contact with sellers or agents. Cut out the middleman.

LandWatch: Your Property Hunting Sidekick

Next up: LandWatch. Whether you're after a tiny lot for your tiny home dreams or enough acreage to start your own zip code, this site's got options.

The good stuff:

  • User-friendly interface. Even your tech-challenged uncle could navigate it.
  • Videos of properties. Virtual tours without leaving your couch? Yes, please.
  • Price history and market trends. Because knowledge is power, especially when you're dropping serious cash.
  • Save searches and get alerts. It's like having a personal assistant, minus the attitude.

Land and Farm: For the Dirt Nerds

If you geek out over soil types and topography, Land and Farm is your jam. It's especially great for farm, timber, or hunting land.

Why it rocks:

  • In-depth property details. Want to know the exact soil composition? They've got you.
  • Local market reports. It's like having a crystal ball for land prices.
  • Connect with local experts. Because sometimes, you need a pro who knows their stuff.
  • Mobile app for on-the-go browsing. Land shopping on your lunch break? Why not?

Zillow: Not Just for Nosy Neighbors Anymore

You might think Zillow's just for gawking at fancy houses, but don't sleep on their land listings. It's great for comparing bare land to developed properties nearby.

Cool features:

  • Map-based searches that are actually fun to use.
  • Their famous Zestimate tool gives you a ballpark on property values.
  • Tons of neighborhood info. Because it's not just about the land - it's about the area.
  • Augmented reality features on the app. Welcome to the future of property viewing.

Realtor.com: The Swiss Army Knife of Real Estate

Realtor.com is like that friend who knows a little bit about everything. They've got a solid selection of Tennessee land listings, plus all the bells and whistles.

What makes it shine:

  • Listings straight from MLS. Fresh and accurate - just how we like 'em.
  • Flood risk info. Because nobody wants to accidentally buy a future lake.
  • School ratings and neighborhood insights. Thinking ahead to your future homestead? This helps.
  • Draw-your-search feature on the app. It's oddly satisfying and super useful.

What Are The Best Websites to Buy Land in Tennessee (1)

Trulia: For the Neighborhood Detectives

Trulia's another solid bet, especially if you're the type who wants to know everything about an area before buying.

Standout stuff:

  • Crime data and amenity maps. Want to know if there's a grocery store within 5 miles? Trulia's got you.
  • Local insights from real people. It's like chatting with the neighbors before you even buy.
  • School and commute overlays on the app. Because sometimes, location really is everything.
  • Handy calculators to keep your budget in check. Because dream land shouldn't equal nightmare mortgage.

Craigslist: The Wild West of Land Listings

Hear me out on this one. Craigslist might seem sketchy, but it can be gold for off-market deals. Just bring your common sense and a healthy dose of skepticism.

Why bother:

  • Unique properties that might not be listed elsewhere.
  • Potential bargains if you're willing to dig.
  • Direct communication with sellers. No real estate speak to decipher.
  • Frequent updates. Today's treasure might have just been posted.

Facebook Marketplace: Where Social Media Meets Real Estate

Don't knock it 'til you've tried it. Facebook Marketplace has become a surprising hotspot for land listings.

What's cool:

  • Mix of listings from individuals and pros.
  • Easy messaging through Facebook. No phone tag required.
  • Might find mutual connections with sellers. Small world, right?
  • Local buy/sell groups offer even more options and insider info.

Now, why should you consider buying land in Tennessee? Let me count the ways:

  1. Variety's the spice of life, and Tennessee's landscape has it in spades. Mountains, hills, flatlands - take your pick.
  2. It's an agricultural wonderland. Whether you're thinking traditional crops or eyeing trendier options like hemp or vineyards, the soil's ready to work.
  3. Outdoor lover's paradise. Imagine having your own chunk of nature for hunting, fishing, or just peaceful wandering.
  4. Your dollar goes further here. Compared to many states, Tennessee often offers more bang for your land-buying buck.
  5. The economy's on an upswing, with healthcare, manufacturing, and tourism leading the charge. Could mean good things for land values down the road.
  6. No state income tax. More money in your pocket is always a good thing, right?

Before you go all in, though, keep these tips in mind:

  1. Do your homework on zoning laws. The last thing you want is to buy land for your dream cabin only to find out you can't build on it.
  2. Get a professional survey. Worth every penny to know exactly what you're buying.
  3. Check for easements or rights-of-way. You don't want surprises after you've already signed on the dotted line.
  4. In rural areas, water access is crucial. Look into water rights and sources on the property.
  5. Research planned developments nearby. That peaceful plot might be next to a future highway if you're not careful.
  6. Figure out utility costs. A beautiful piece of land isn't so great if you can't actually use it.
  7. Consider working with a local expert. Their know-how can be priceless.

What Are The Best Websites to Buy Land in Tennessee (2)

Final Thoughts

In the end, buying land in Tennessee is an adventure. Whether you're dreaming of a hobby farm, a quiet retreat, or just a solid investment, the Volunteer State's got something for you. Use these websites to kick off your search, keep our tips in mind, and soon enough, you'll be standing on your very own piece of Tennessee soil.

Remember, while online tools are great, nothing beats boots on the ground. Once you've narrowed down your options, go explore. Feel the dirt, listen to the land, and imagine the possibilities. Your perfect piece of Tennessee is out there waiting. Happy hunting!

Frequently Asked Questions (FAQs)

How much does land typically cost in Tennessee?

Land prices in Tennessee vary widely depending on location, size, and features. As of 2021, the average price for farmland was around $4,150 per acre. However, you might find rural land for as little as $1,000 per acre in some areas, while prime real estate near cities could cost $20,000 or more per acre. It's best to research specific regions you're interested in for more accurate pricing.

Do I need a real estate agent to buy land in Tennessee?

While it's not legally required, working with a real estate agent, particularly one experienced in land transactions, can be very beneficial. They can help you navigate the complexities of land purchases, assist with negotiations, and alert you to potential issues you might overlook. However, if you're comfortable doing your own research and handling negotiations, it's possible to purchase land directly from sellers.

What should I consider before buying undeveloped land in Tennessee?

Key considerations include:

  • Zoning laws and land use restrictions
  • Access to utilities (water, electricity, sewage)
  • Road access and easements
  • Soil quality and potential for flooding
  • Future development plans in the area
  • Property taxes and potential hidden costs Always conduct thorough due diligence before making a purchase.

Can I finance land purchases in Tennessee?

Yes, land can be financed in Tennessee, but it's often more challenging than financing a home purchase. Many traditional lenders are hesitant to finance raw land due to the perceived risk. You might need to look into specialized land loans, which often require larger down payments (20-50%) and have higher interest rates. Some sellers might also offer owner financing.

Are there any special considerations for out-of-state buyers purchasing land in Tennessee?

Out-of-state buyers should be aware of Tennessee's specific laws and regulations regarding land ownership. It's crucial to research local property taxes, understand any agricultural or forestry designations that might affect the land, and be prepared for potential challenges in securing financing as an out-of-state buyer. It's often helpful to work with a local real estate attorney who can guide you through Tennessee-specific legal considerations.

What Are The Best Websites to Buy Land in Tennessee (2024)

FAQs

What is the best way to buy land in Tennessee? ›

How to Buy Land for Cash in Tennessee
  • Get to Know the Tennessee Land Market.
  • Determine Your Budget.
  • Find Good Land Listings for Sale.
  • Determine Your Usage and Type of Land.
  • Inspect Properties Thoroughly Before Buying.
  • Make a Cash Offer and Negotiate.
  • Close and Take Ownership.

What is the best site to find land? ›

We recommend you go straight to LandWatch, Lands of America, or LoopNet - you'll almost surely find what you're looking for.

What credit score do you need to buy land in Tennessee? ›

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 much is 1 acre of land worth in TN? ›

The price of an acre can vary depending on location however the median average is $14,400.

Is it a good time to buy land in Tennessee? ›

From the misty peaks of the Smoky Mountains to the fertile valleys of Middle Tennessee, the state offers a wealth of land investment opportunities. Recent data suggests this interest isn't misplaced. The USDA reports that Tennessee farm real estate values jumped 8.1% in 2023, reaching an average of $4,700 per acre.

What loan is best for buying land? ›

A plot Loan is a type of loan given by financial institutions (also referred to as 'lenders') such as banks and Housing Finance Companies (HFC) for purchasing a residential plot or land. A Plot Loan is similar to a home loan, with a difference lying in the usage of the loan amount.

How hard is it to borrow money to buy land? ›

However, qualifying for a land loan can be more difficult than getting a regular mortgage because it is riskier for lenders. As a result, borrowers may have to prove that they have a good credit score (700 or above), and will have to explain what they intend to use the land for.

How long can you finance land for in Tennessee? ›

We're happy to grant loans for vacant land – look around and see beautiful Tennessee, then purchase or refinance with us. Terms up to 15 years are 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.

What is the tax on buying land in Tennessee? ›

Low Property Taxes

Tennessee boasts some of the lowest property tax rates in the U.S. The average effective tax rate is only 0.69%. And residential rates start at just 0.25%. Snagging a Tennessee land deal means keeping more cash in your wallet.

What is farmland worth in Tennessee? ›

tennessee Farmland Prices

Over the last 20 years, the price of farmland per acre in tennessee has risen by an average of 4.1% per year to $5,000 per acre as of 2019. This represents an increase of $2,610 per acre of farmland over this time period.

How much is an acre in Middle Tennessee? ›

There are 18 available properties to buy in Middle Tennessee listed at $54,836 on average, with each acre priced at $4,155.

Is it cheaper to buy land and build a house in Tennessee? ›

It is usually cheaper to buy a home than build a new one. However, by building your own home you get a brand-new residence, customized to your needs. It costs $261,940 on average to build a home in Tennessee. This figure can add up to $411,940 if you include land costs, excavations, permits, and other expenses.

Do you have to pay land taxes in Tennessee? ›

Pursuant to this constitutional authorization, the General Assembly enacted T.C.A. § 67-5-101, which provides that all property, real and personal, shall be assessed for taxation for state, county, and municipal purposes, except for the property declared exempt.

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