Comprehensive market data and analysis• Updated Dec 2025
8.8 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 14 | 31 | 51 |
| 1-2 acres | - | 2 | 2 | 7 |
| 2-5 acres | - | 1 | 3 | 10 |
| 5-10 acres | - | 2 | 2 | 3 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 19 | 38 | 71 |
Acreage buckets
The median price for land in Grand Rapids, Michigan is currently $220K per acre. For a typical parcel, the median sale price is $130K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $330K.
Grand Rapids, Michigan is currently a balanced market with 8.8 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 6.2% year-over-year.
Grand Rapids, Michigan currently has 8.8 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in Grand Rapids, Michigan typically sells within 63 days of listing. The median time on market is 32 days. Properties are moving at a moderate pace in the current balanced market.
There are currently 56 active listings in Grand Rapids, Michigan. 31 new listings have hit the market in the last 90 days. The median asking price is $187K.
The current absorption rate in Grand Rapids, Michigan is 11.3% (3-month basis), indicating moderate demand. With appreciating values (+6.2% YoY), the market shows growth potential. The top-performing broker in this market is Keller Williams GR North (Main).
Land in Grand Rapids, Michigan averages $406K per acre. The median price per acre is $220K, which may be more representative of typical transactions. Most parcels sold are around 16,553 sq ft.
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.