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Galesburg, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
5
Sold (12M)
2
Median Price
$28K
Market Condition
Strong Buyer's Market

Galesburg, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$28K
Avg Price/Acre
$57K
Avg Days on Market
83
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--12
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0012
📊 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 acres2 sold / 1 listed
2-5 acres0 sold / 2 listed
5-10 acres0 sold / 2 listed

Median Price by Acreage

$0$14K$28K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$57K
Last 12 months
Active Listings
5
Current inventory
Avg Days on Market
83
Time to sell
Price Trend (YoY)
-
Year over year

Galesburg, Michigan Land Market Analysis

How much is land worth in Galesburg, Michigan?

The median price for land in Galesburg, Michigan is currently $57K per acre. For a typical parcel, the median sale price is $28K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $21K while premium lots reached $36K.

What is the total land for sale in Galesburg, Michigan?

There are currently 5 active listings in Galesburg, Michigan. 3 new listings have hit the market in the last 90 days. The median asking price is $120K.

What is the absorption rate for land in Galesburg, Michigan?

The 12-month rate is 3.3%. 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 Galesburg, Michigan last year?

Over the past 12 months, Galesburg, Michigan saw 2 properties sold, totaling $57K in sales volume.

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

The top-performing broker in this market is Jaqua, REALTORS.

What is the median land price in Galesburg, Michigan?

The median land price in Galesburg, Michigan stands at $28K. This translates to roughly $57K per acre for the typical parcel size.

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

Land in Galesburg, Michigan typically sells within 83 days of listing. The median time on market is 83 days. Properties are moving at a moderate pace 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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