Comprehensive market data and analysis• Updated Dec 2025
19.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 2 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | 2 | 3 |
| 5-10 acres | 1 | 1 | 1 | 3 |
| 10-20 acres | - | 3 | 4 | 5 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 4 | 10 | 15 |
Acreage buckets
The median price for land in Buchanan, Michigan is currently $20K per acre. For a typical parcel, the median sale price is $180K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $322K.
Buchanan, Michigan is currently a strong buyer's market with 19.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Buchanan, Michigan currently has 19.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in Buchanan, Michigan stands at $180K. This translates to roughly $20K per acre for the typical parcel size. The average price is $163K, showing a fairly consistent market.
Over the past 12 months, Buchanan, Michigan saw 15 properties sold, totaling $2.4M in sales volume. In just the last 3 months, 4 properties changed hands.
There are currently 26 active listings in Buchanan, Michigan. 5 new listings have hit the market in the last 90 days. The median asking price is $140K.
Land in Buchanan, Michigan typically sells within 161 days of listing. The median time on market is 114 days. Properties are moving slowly in the current strong buyer'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.