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Alma, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
20
Sold (12M)
15
Median Price
$40K
Market Condition
Strong Buyer's Market

Alma, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$40K
Avg Price/Acre
$12K
Avg Days on Market
197
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--26
1-2 acres----
2-5 acres---2
5-10 acres--11
10-20 acres---2
20-50 acres--14
50-100 acres----
100+ acres----
TOTAL00415
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres6 sold / 17 listed
1-2 acres0 sold / 2 listed
2-5 acres2 sold / 1 listed
5-10 acres1 sold / 0 listed
10-20 acres2 sold / 0 listed
20-50 acres4 sold / 0 listed

Median Price by Acreage

$0$68K$136K
0- 1
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$886K
Last 12 months
Active Listings
20
Current inventory
Avg Days on Market
197
Time to sell
Price Trend (YoY)
-
Year over year

Alma, Michigan Land Market Analysis

How much is land worth in Alma, Michigan?

The median price for land in Alma, Michigan is currently $12K per acre. For a typical parcel, the median sale price is $40K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $11K while premium lots reached $143K.

What is the total amount sold in Alma, Michigan last year?

Over the past 12 months, Alma, Michigan saw 15 properties sold, totaling $886K in sales volume.

What is the total land for sale in Alma, Michigan?

There are currently 20 active listings in Alma, Michigan. 2 new listings have hit the market in the last 90 days. The median asking price is $11K.

What is the median land price in Alma, Michigan?

The median land price in Alma, Michigan stands at $40K. This translates to roughly $12K per acre for the typical parcel size. The average price is $59K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Alma, Michigan?

Land in Alma, Michigan typically sells within 197 days of listing. The median time on market is 66 days. Properties are moving slowly in the current strong buyer's market.

What is the absorption rate for land in Alma, Michigan?

The 12-month rate is 6.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the average price per acre in Alma, Michigan?

Land in Alma, Michigan averages $24K per acre. The median price per acre is $12K, which may be more representative of typical transactions. Most parcels sold are around 3.5 acres.

Data Sources & Accuracy

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.

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