Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Bannister, Michigan is currently $5K per acre. For a typical parcel, the median sale price is $175K. Recently, the cheapest land sold for $175K while premium lots reached $175K.
Bannister, Michigan is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Bannister, Michigan currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
There are currently 1 active listings in Bannister, Michigan. 1 new listings have hit the market in the last 90 days. The median asking price is $1.3M.
The current absorption rate in Bannister, Michigan is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is United Realty Services LLC.
Land in Bannister, Michigan typically sells within 21 days of listing. The median time on market is 21 days. Properties are moving quickly in the current seller's market.
The 3-month absorption rate in Bannister, Michigan is 33.3%. The 12-month rate is 8.3%. 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.
