Comprehensive market data and analysis• Updated Oct 2026
5.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 3 | 4 | 4 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 4 | 6 |
Acreage buckets
The median price for land in East Lansing, Michigan is currently $125K per acre. For a typical parcel, the median sale price is $56K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $36K while premium lots reached $218K.
East Lansing, Michigan is currently a seller's market with 5.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
East Lansing, Michigan currently has 5.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in East Lansing, Michigan is 20.0%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in East Lansing, Michigan averages $142K per acre. The median price per acre is $125K, which may be more representative of typical transactions. Most parcels sold are around 21,780 sq ft.
The median land price in East Lansing, Michigan stands at $56K. This translates to roughly $125K per acre for the typical parcel size. The average price is $102K, indicating some higher-priced properties pulling up the average.
There are currently 5 active listings in East Lansing, Michigan. 2 new listings have hit the market in the last 90 days. The median asking price is $200K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in East Lansing on LandyDandy.
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