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Baraga County, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
21
Sold (12M)
33
Median Price
$48K
Market Condition
Seller's Market

Baraga County, Michigan Market Meter

Buyer'sSeller's
Seller's Market

5.2 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$48K
Avg Price/Acre
$3K
Avg Days on Market
49
Months of Supply
5.2
YoY Price Change
-58.8%
New Listings (3M)
7

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--22
1-2 acres---1
2-5 acres-111
5-10 acres-145
10-20 acres36810
20-50 acres34712
50-100 acres---2
100+ acres----
TOTAL6122233
📊 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 acres2 sold / 1 listed
1-2 acres1 sold / 0 listed
2-5 acres1 sold / 1 listed
5-10 acres5 sold / 5 listed
10-20 acres10 sold / 5 listed
20-50 acres12 sold / 7 listed
50-100 acres2 sold / 2 listed

Median Price by Acreage

$0$68K$135K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.1M
Last 12 months
Active Listings
21
Current inventory
Avg Days on Market
49
Time to sell
Price Trend (YoY)
-58.8%
Year over year

Baraga County, Michigan Land Market Analysis

How much is land worth in Baraga County, Michigan?

The median price for land in Baraga County, Michigan is currently $3K per acre. For a typical parcel, the median sale price is $48K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $28K while premium lots reached $132K.

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

Baraga County, Michigan is currently a seller's market with 5.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 58.8% year-over-year.

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

Baraga County, Michigan currently has 5.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

Is now a good time to invest in land in Baraga County, Michigan?

The current absorption rate in Baraga County, Michigan is 19.1% (3-month basis), indicating strong demand. With depreciating values (-58.8% YoY), buyers may find value opportunities. The top-performing broker in this market is UP NORTH REALTY.

What is the absorption rate for land in Baraga County, Michigan?

The 3-month absorption rate in Baraga County, Michigan is 19.1%. The 12-month rate is 13.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

The median land price in Baraga County, Michigan stands at $48K. This translates to roughly $3K per acre for the typical parcel size. The average price is $62K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Baraga County, Michigan?

Land in Baraga County, Michigan averages $8K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 14.5 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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