Land Market Insights and Pricing in Fayette County, Tennessee

Fayette County, Tennessee, offers a diverse landscape for land buyers, encompassing 705 square miles of gently rolling hills and fertile plains. Part of the Mississippi Alluvial Plain, the county boasts rich loess soils ideal for agriculture, with many multi-generational farming operations. The western region has seen significant suburban growth due to improved access to Memphis via Interstate 40, attracting those seeking affordable housing near urban amenities. Nature enthusiasts will appreciate the county's state-protected areas, including the Ghost River State Natural Area and Wolf River Wildlife Management Area. With a property tax rate of 0.35%, well below the national average, and a median home price of $316,000, Fayette presents an attractive mix of rural charm, development potential, and economic value for land investors.