Comprehensive market data and analysis• Updated Dec 2025
12.1 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Brant, Michigan | ||||||
The median price for land in the Michigan area is currently $21K per acre. For a typical parcel, the median sale price is $65K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $280K.
the Michigan area is currently a strong buyer's market with 12.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 3.0% year-over-year.
the Michigan area currently has 12.1 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in the Michigan area typically sells within 143 days of listing. The median time on market is 60 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in the Michigan area is 8.3%. The 12-month rate is 8.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in the Michigan area averages $520K per acre. The median price per acre is $21K, which may be more representative of typical transactions. Most parcels sold are around 2.3 acres.
Over the past 12 months, the Michigan area saw 10,964 properties sold, totaling $1382.2M in sales volume. In just the last 3 months, 2,540 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.
