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Alpena County, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
33
Sold (12M)
65
Median Price
$37K
Market Condition
Balanced Market

Alpena County, Michigan Market Meter

Buyer'sSeller's
Balanced Market

6.6 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$37K
Avg Price/Acre
$8K
Avg Days on Market
84
Months of Supply
6.6
YoY Price Change
+33.9%
New Listings (3M)
14

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-31315
1-2 acres-1312
2-5 acres1368
5-10 acres-123
10-20 acres-248
20-50 acres13611
50-100 acres-113
100+ acres1114
TOTAL3153664
📊 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 acres15 sold / 11 listed
1-2 acres12 sold / 0 listed
2-5 acres8 sold / 1 listed
5-10 acres3 sold / 3 listed
10-20 acres8 sold / 2 listed
20-50 acres11 sold / 7 listed
50-100 acres3 sold / 1 listed
100+ acres4 sold / 1 listed

Median Price by Acreage

$0$147K$295K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$5.4M
Last 12 months
Active Listings
33
Current inventory
Avg Days on Market
84
Time to sell
Price Trend (YoY)
+33.9%
Year over year

Alpena County, Michigan Land Market Analysis

How much is land worth in Alpena County, Michigan?

The median price for land in Alpena County, Michigan is currently $8K per acre. For a typical parcel, the median sale price is $37K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $199K.

Is now a good time to buy land in Alpena County, Michigan?

Alpena County, Michigan is currently a balanced market with 6.6 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 33.9% year-over-year.

What is the months of supply for land in Alpena County, Michigan?

Alpena County, Michigan currently has 6.6 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

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

Land in Alpena County, Michigan typically sells within 84 days of listing. The median time on market is 40 days. Properties are moving at a moderate pace in the current balanced market.

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

Over the past 12 months, Alpena County, Michigan saw 65 properties sold, totaling $5.4M in sales volume. In just the last 3 months, 15 properties changed hands.

What is the total land for sale in Alpena County, Michigan?

There are currently 33 active listings in Alpena County, Michigan. 14 new listings have hit the market in the last 90 days. The median asking price is $110K.

What is the median land price in Alpena County, Michigan?

The median land price in Alpena County, Michigan stands at $37K. This translates to roughly $8K per acre for the typical parcel size. The average price is $83K, indicating some higher-priced properties pulling up the average.

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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