Comprehensive market data and analysis• Updated Oct 2026
10.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | 1 | 1 | 3 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 2 | 5 |
Acreage buckets
The median price for land in Erie, Michigan is currently $24K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $42K while premium lots reached $135K.
Erie, Michigan is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Erie, Michigan currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Erie, Michigan typically sells within 394 days of listing. The median time on market is 354 days. Properties are moving slowly in the current buyer's market.
The current absorption rate in Erie, Michigan is 9.5% (3-month basis), indicating moderate demand. The top-performing broker in this market is Real Estate Solutions/MI, LLC - Temperance.
There are currently 7 active listings in Erie, Michigan. 4 new listings have hit the market in the last 90 days. The median asking price is $50K.
Land in Erie, Michigan averages $20K per acre. The median price per acre is $24K, which may be more representative of typical transactions. Most parcels sold are around 2.8 acres.
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 Erie on LandyDandy.
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