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Grand Ledge, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
10
Sold (12M)
5
Median Price
$74K
Market Condition
Strong Buyer's Market

Grand Ledge, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

30.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$74K
Avg Price/Acre
$35K
Avg Days on Market
57
Months of Supply
30.0
YoY Price Change
-79.4%
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres---1
2-5 acres1124
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL1125
📊 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 acres0 sold / 3 listed
1-2 acres1 sold / 0 listed
2-5 acres4 sold / 2 listed
5-10 acres0 sold / 1 listed
10-20 acres0 sold / 2 listed
20-50 acres0 sold / 1 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$39K$78K
1- 2
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$416K
Last 12 months
Active Listings
10
Current inventory
Avg Days on Market
57
Time to sell
Price Trend (YoY)
-79.4%
Year over year

Grand Ledge, Michigan Land Market Analysis

How much is land worth in Grand Ledge, Michigan?

The median price for land in Grand Ledge, Michigan is currently $35K per acre. For a typical parcel, the median sale price is $74K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $52K while premium lots reached $125K.

Is now a good time to buy land in Grand Ledge, Michigan?

Grand Ledge, Michigan is currently a strong buyer's market with 30.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 79.4% year-over-year.

What is the months of supply for land in Grand Ledge, Michigan?

Grand Ledge, Michigan currently has 30.0 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 land for sale in Grand Ledge, Michigan?

There are currently 10 active listings in Grand Ledge, Michigan. 3 new listings have hit the market in the last 90 days. The median asking price is $613K.

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

Land in Grand Ledge, Michigan typically sells within 57 days of listing. The median time on market is 40 days. Properties are moving quickly in the current strong buyer's market.

What is the median land price in Grand Ledge, Michigan?

The median land price in Grand Ledge, Michigan stands at $74K. This translates to roughly $35K per acre for the typical parcel size. The average price is $83K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Grand Ledge, Michigan?

Land in Grand Ledge, Michigan averages $36K per acre. The median price per acre is $35K, which may be more representative of typical transactions. Most parcels sold are around 2.3 acres.

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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