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Emmet County, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
233
Sold (12M)
101
Median Price
$75K
Market Condition
Strong Buyer's Market

Emmet County, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

38.8 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$75K
Avg Price/Acre
$36K
Avg Days on Market
164
Months of Supply
38.8
YoY Price Change
+233.3%
New Listings (3M)
57

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres561429
1-2 acres142136
2-5 acres151017
5-10 acres-113
10-20 acres--24
20-50 acres--25
50-100 acres2222
100+ acres--13
TOTAL9185399
📊 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 acres29 sold / 96 listed
1-2 acres36 sold / 89 listed
2-5 acres17 sold / 23 listed
5-10 acres3 sold / 5 listed
10-20 acres4 sold / 3 listed
20-50 acres5 sold / 6 listed
50-100 acres2 sold / 3 listed
100+ acres3 sold / 2 listed

Median Price by Acreage

$0$475K$950K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$20.0M
Last 12 months
Active Listings
233
Current inventory
Avg Days on Market
164
Time to sell
Price Trend (YoY)
+233.3%
Year over year

Emmet County, Michigan Land Market Analysis

How much is land worth in Emmet County, Michigan?

The median price for land in Emmet County, Michigan is currently $36K per acre. For a typical parcel, the median sale price is $75K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $14K while premium lots reached $369K.

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

Emmet County, Michigan is currently a strong buyer's market with 38.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 233.3% year-over-year.

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

Emmet County, Michigan currently has 38.8 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 amount sold in Emmet County, Michigan last year?

Over the past 12 months, Emmet County, Michigan saw 101 properties sold, totaling $20.0M in sales volume. In just the last 3 months, 18 properties changed hands.

What is the median land price in Emmet County, Michigan?

The median land price in Emmet County, Michigan stands at $75K. This translates to roughly $36K per acre for the typical parcel size. The average price is $198K, indicating some higher-priced properties pulling up the average.

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

The current absorption rate in Emmet County, Michigan is 2.6% (3-month basis), indicating slow demand. With appreciating values (+233.3% YoY), the market shows growth potential. The top-performing broker in this market is Berkshire Hathaway Homeservices Indian River.

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

Land in Emmet County, Michigan typically sells within 164 days of listing. The median time on market is 55 days. Properties are moving slowly in the current strong buyer's market.

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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