Comprehensive market data and analysis• Updated Dec 2025
4.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 6 | 8 | 12 |
| 1-2 acres | 1 | 1 | 1 | 1 |
| 2-5 acres | 1 | 2 | 4 | 7 |
| 5-10 acres | - | 1 | 2 | 3 |
| 10-20 acres | 1 | 2 | 2 | 2 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 4 | 12 | 17 | 26 |
Acreage buckets
The median price for land in Frankfort, Michigan is currently $74K per acre. For a typical parcel, the median sale price is $113K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $47K while premium lots reached $375K.
Frankfort, Michigan is currently a seller's market with 4.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 73.7% year-over-year.
Frankfort, Michigan currently has 4.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Frankfort, Michigan typically sells within 115 days of listing. The median time on market is 37 days. Properties are moving at a moderate pace in the current seller's market.
The current absorption rate in Frankfort, Michigan is 25.0% (3-month basis), indicating strong demand. With depreciating values (-73.7% YoY), buyers may find value opportunities. The top-performing broker in this market is Five Star Real Estate (Green).
Land in Frankfort, Michigan averages $791K per acre. The median price per acre is $74K, which may be more representative of typical transactions. Most parcels sold are around 1.7 acres.
There are currently 16 active listings in Frankfort, Michigan. 3 new listings have hit the market in the last 90 days. The median asking price is $197K.
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.