Shelby County, TN
Land Market Insights and Pricing in Shelby County, Tennessee
On average, land listings in Shelby County, TN have a lot size of 43 acres and are priced around $1,126,443. The median price per acre in Shelby County, TN is $19,633.
Market Trends
Properties for Sale
727
Total Acreage for Sale
3,214 ac
Median Lot Size
20.6 ac
Average Lot Size
42.9 ac
Median List Price
$454,000
Average List Price
$1,126,443
Median Price Per Acre
$19,633 / ac
Total Price Reductions
11 properties
Median Days on Market
99 days
About Shelby County, TN
Shelby County, Tennessee, offers a diverse landscape for land buyers, anchored by the mighty Mississippi River along its western border. The county's predominantly flat terrain, characteristic of the Mississippi Alluvial Plain, presents opportunities for both agricultural and urban development. With its vast size—the largest in Tennessee—Shelby boasts a mix of urban areas centered around Memphis, agricultural lands in the north and east, and preserved green spaces like Meeman-Shelby Forest State Park. The county's extensive river system, including the Loosahatchie and Wolf Rivers, provides additional water resources and recreational potential. Economically, Shelby's median worker earnings of $40,777 slightly exceed the national average, while the median home price of $229,700 indicates relative affordability. However, prospective buyers should note the county's 1.03% property tax rate, which is marginally higher than the national average. Shelby's strategic location and robust transportation infrastructure, featuring multiple interstate highways, enhance its appeal for various land uses and development opportunities.
Land for Sale in Shelby County,
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