Comprehensive market data and analysis• Updated Dec 2025
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 2 | 2 |
Acreage buckets
The median price for land in Berkley, Michigan is currently $1.3M per acre. For a typical parcel, the median sale price is $152K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $150K while premium lots reached $154K.
Land in Berkley, Michigan averages $1.3M per acre. The median price per acre is $1.3M, which may be more representative of typical transactions. Most parcels sold are around 5,009 sq ft.
The current absorption rate in Berkley, Michigan is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Realty Executives Home Towne Shelby.
The 3-month absorption rate in Berkley, Michigan is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Berkley, Michigan stands at $152K. This translates to roughly $1.3M per acre for the typical parcel size.
Land in Berkley, Michigan typically sells within 23 days of listing. The median time on market is 23 days. Properties are moving quickly in the current very hot seller's market.
Over the past 12 months, Berkley, Michigan saw 2 properties sold, totaling $304K in sales volume. In just the last 3 months, 2 properties changed hands.
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.
