Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | - | - | 3 |
| 5-10 acres | - | 1 | 2 | 5 |
| 10-20 acres | - | - | 2 | 2 |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | 1 | 1 | 2 | 3 |
| 100+ acres | - | - | 2 | 2 |
| TOTAL | 1 | 2 | 9 | 19 |
Acreage buckets
The median price for land in Covert, Michigan is currently $10K per acre. For a typical parcel, the median sale price is $123K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $2.2M.
Covert, Michigan is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 75.2% year-over-year.
Covert, Michigan currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Covert, Michigan is 6.7% (3-month basis), indicating slow demand. With appreciating values (+75.2% YoY), the market shows growth potential. The top-performing broker in this market is @properties Christie's International R.E..
There are currently 10 active listings in Covert, Michigan. 6 new listings have hit the market in the last 90 days. The median asking price is $77K.
Land in Covert, Michigan typically sells within 77 days of listing. The median time on market is 49 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Covert, Michigan saw 20 properties sold, totaling $15.4M in sales volume. In just the last 3 months, 2 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.