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Charlotte, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
15
Sold (12M)
26
Median Price
$34K
Market Condition
Strong Buyer's Market

Charlotte, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

22.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$34K
Avg Price/Acre
$14K
Avg Days on Market
317
Months of Supply
22.5
YoY Price Change
-
New Listings (3M)
5

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres--18
2-5 acres-148
5-10 acres--12
10-20 acres---3
20-50 acres-123
50-100 acres--11
100+ acres----
TOTAL02926
📊 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 acres1 sold / 2 listed
1-2 acres8 sold / 4 listed
2-5 acres8 sold / 5 listed
5-10 acres2 sold / 2 listed
10-20 acres3 sold / 1 listed
20-50 acres3 sold / 0 listed
50-100 acres1 sold / 1 listed

Median Price by Acreage

$0$106K$212K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.6M
Last 12 months
Active Listings
15
Current inventory
Avg Days on Market
317
Time to sell
Price Trend (YoY)
-
Year over year

Charlotte, Michigan Land Market Analysis

How much is land worth in Charlotte, Michigan?

The median price for land in Charlotte, Michigan is currently $14K per acre. For a typical parcel, the median sale price is $34K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $139K.

Is now a good time to buy land in Charlotte, Michigan?

Charlotte, Michigan is currently a strong buyer's market with 22.5 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Charlotte, Michigan?

Charlotte, Michigan currently has 22.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total land for sale in Charlotte, Michigan?

There are currently 15 active listings in Charlotte, Michigan. 5 new listings have hit the market in the last 90 days. The median asking price is $43K.

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

The current absorption rate in Charlotte, Michigan is 4.4% (3-month basis), indicating slow demand. The top-performing broker in this market is WEICHERT, REALTORS- Emerald Properties.

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

Land in Charlotte, Michigan typically sells within 317 days of listing. The median time on market is 78 days. Properties are moving slowly in the current strong buyer's market.

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

The 3-month absorption rate in Charlotte, Michigan is 4.4%. The 12-month rate is 14.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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