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Grass Lake, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
20
Sold (12M)
24
Median Price
$81K
Market Condition
Balanced Market

Grass Lake, Michigan Market Meter

Buyer'sSeller's
Balanced Market

8.6 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$81K
Avg Price/Acre
$18K
Avg Days on Market
145
Months of Supply
8.6
YoY Price Change
+226.4%
New Listings (3M)
12

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres1578
2-5 acres----
5-10 acres---1
10-20 acres---3
20-50 acres1244
50-100 acres---1
100+ acres---1
TOTAL271118
📊 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 acres8 sold / 5 listed
2-5 acres0 sold / 1 listed
5-10 acres1 sold / 2 listed
10-20 acres3 sold / 2 listed
20-50 acres4 sold / 1 listed
50-100 acres1 sold / 3 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$788K$1.6M
1- 2
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.5M
Last 12 months
Active Listings
20
Current inventory
Avg Days on Market
145
Time to sell
Price Trend (YoY)
+226.4%
Year over year

Grass Lake, Michigan Land Market Analysis

How much is land worth in Grass Lake, Michigan?

The median price for land in Grass Lake, Michigan is currently $18K per acre. For a typical parcel, the median sale price is $81K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $309K.

Is now a good time to buy land in Grass Lake, Michigan?

Grass Lake, Michigan is currently a balanced market with 8.6 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 226.4% year-over-year.

What is the months of supply for land in Grass Lake, Michigan?

Grass Lake, Michigan currently has 8.6 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the median land price in Grass Lake, Michigan?

The median land price in Grass Lake, Michigan stands at $81K. This translates to roughly $18K per acre for the typical parcel size. The average price is $188K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Grass Lake, Michigan?

Land in Grass Lake, Michigan averages $21K per acre. The median price per acre is $18K, which may be more representative of typical transactions. Most parcels sold are around 3.2 acres.

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

Land in Grass Lake, Michigan typically sells within 145 days of listing. The median time on market is 57 days. Properties are moving slowly in the current balanced market.

What is the total amount sold in Grass Lake, Michigan last year?

Over the past 12 months, Grass Lake, Michigan saw 24 properties sold, totaling $4.5M in sales volume. In just the last 3 months, 7 properties changed hands.

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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