Comprehensive market data and analysis• Updated Dec 2025
1.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 3 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 2 | 7 |
Acreage buckets
The median price for land in Addison, Michigan is currently $19K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $519K.
Addison, Michigan is currently a very hot seller's market with 1.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Addison, Michigan currently has 1.5 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Addison, Michigan saw 7 properties sold, totaling $1.5M in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Addison, Michigan typically sells within 51 days of listing. The median time on market is 62 days. Properties are moving quickly in the current very hot seller's market.
The median land price in Addison, Michigan stands at $55K. This translates to roughly $19K per acre for the typical parcel size. The average price is $214K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Addison, Michigan is 66.7%. The 12-month rate is 58.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
