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USAMichiganBirmingham

Birmingham, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
5
Median Price
$700K
Market Condition
Very Hot Seller's Market

Birmingham, Michigan Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$700K
Avg Price/Acre
$2.9M
Avg Days on Market
6
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres-1351118
1-2 acres------
2-5 acres------
5-10 acres------
10-20 acres------
20-50 acres------
50-100 acres------
100+ acres------
TOTAL01351118
📊 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 acres5 sold / 0 listed

Median Price by Acreage

$0$350K$700K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.4M
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
6
Time to sell
Price Trend (YoY)
-
Year over year

Birmingham, Michigan Land Market Analysis

How much is land worth in Birmingham, Michigan?

The median price for land in Birmingham, Michigan is currently $2.9M per acre. For a typical parcel, the median sale price is $700K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $412K while premium lots reached $918K.

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

The current absorption rate in Birmingham, Michigan is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Max Broock, REALTORS®-Bloomfield Hills.

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

Land in Birmingham, Michigan typically sells within 6 days of listing. The median time on market is 6 days. Properties are moving quickly in the current very hot seller's market.

What is the median land price in Birmingham, Michigan?

The median land price in Birmingham, Michigan stands at $700K. This translates to roughly $2.9M per acre for the typical parcel size. The average price is $670K, showing a fairly consistent market.

What is the absorption rate for land in Birmingham, Michigan?

The 3-month absorption rate in Birmingham, 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.

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

Over the past 12 months, Birmingham, Michigan saw 5 properties sold, totaling $3.4M in sales volume. In just the last 3 months, 1 properties changed hands.

What is the average price per acre in Birmingham, Michigan?

Land in Birmingham, Michigan averages $3.3M per acre. The median price per acre is $2.9M, which may be more representative of typical transactions. Most parcels sold are around 7,841 sq ft.

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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Michigan Counties

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