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Dollar Bay, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$265K
Market Condition
Very Hot Seller's Market

Dollar Bay, 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
$265K
Avg Price/Acre
$16K
Avg Days on Market
53
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres1111
20-50 acres----
50-100 acres----
100+ acres----
TOTAL1111
📊 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
10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$133K$265K
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$265K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
53
Time to sell
Price Trend (YoY)
-
Year over year

Dollar Bay, Michigan Land Market Analysis

How much is land worth in Dollar Bay, Michigan?

The median price for land in Dollar Bay, Michigan is currently $16K per acre. For a typical parcel, the median sale price is $265K. Recently, the cheapest land sold for $265K while premium lots reached $265K.

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

The current absorption rate in Dollar Bay, Michigan is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is STATE WIDE OF HOUGHTON.

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

Land in Dollar Bay, Michigan typically sells within 53 days of listing. The median time on market is 53 days. Properties are moving quickly in the current very hot seller's market.

What is the median land price in Dollar Bay, Michigan?

The median land price in Dollar Bay, Michigan stands at $265K. This translates to roughly $16K per acre for the typical parcel size.

What is the absorption rate for land in Dollar Bay, Michigan?

The 3-month absorption rate in Dollar Bay, 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 Dollar Bay, Michigan last year?

Over the past 12 months, Dollar Bay, Michigan saw 1 properties sold, totaling $265K in sales volume. In just the last 3 months, 1 properties changed hands.

What is the average price per acre in Dollar Bay, Michigan?

Land in Dollar Bay, Michigan averages $16K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 17.0 acres.

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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