Comprehensive market data and analysis• Updated Dec 2025
4.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 3 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 2 |
| 20-50 acres | - | 1 | 2 | 7 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 5 | 15 |
Acreage buckets
The median price for land in Bessemer, Michigan is currently $2K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $88K.
Bessemer, Michigan is currently a seller's market with 4.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 21.3% year-over-year.
Bessemer, Michigan currently has 4.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Bessemer, Michigan saw 15 properties sold, totaling $994K in sales volume. In just the last 3 months, 3 properties changed hands.
There are currently 4 active listings in Bessemer, Michigan. The median asking price is $38K.
The median land price in Bessemer, Michigan stands at $70K. This translates to roughly $2K per acre for the typical parcel size. The average price is $66K, showing a fairly consistent market.
Land in Bessemer, Michigan typically sells within 135 days of listing. The median time on market is 147 days. Properties are moving slowly in the current seller's market.
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.