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Grosse Ile, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
16
Sold (12M)
11
Median Price
$140K
Market Condition
Strong Buyer's Market

Grosse Ile, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

48.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$140K
Avg Price/Acre
$244K
Avg Days on Market
116
Months of Supply
48.0
YoY Price Change
+207.7%
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1149
1-2 acres----
2-5 acres---1
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL11410
📊 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 acres9 sold / 13 listed
1-2 acres0 sold / 2 listed
2-5 acres1 sold / 1 listed

Median Price by Acreage

$0$350K$700K
0- 1
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.1M
Last 12 months
Active Listings
16
Current inventory
Avg Days on Market
116
Time to sell
Price Trend (YoY)
+207.7%
Year over year

Grosse Ile, Michigan Land Market Analysis

How much is land worth in Grosse Ile, Michigan?

The median price for land in Grosse Ile, Michigan is currently $244K per acre. For a typical parcel, the median sale price is $140K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $27K while premium lots reached $370K.

Is now a good time to buy land in Grosse Ile, Michigan?

Grosse Ile, Michigan is currently a strong buyer's market with 48.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 207.7% year-over-year.

What is the months of supply for land in Grosse Ile, Michigan?

Grosse Ile, Michigan currently has 48.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

Land in Grosse Ile, Michigan typically sells within 116 days of listing. The median time on market is 112 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the median land price in Grosse Ile, Michigan?

The median land price in Grosse Ile, Michigan stands at $140K. This translates to roughly $244K per acre for the typical parcel size. The average price is $193K, indicating some higher-priced properties pulling up the average.

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

The current absorption rate in Grosse Ile, Michigan is 2.1% (3-month basis), indicating slow demand. With appreciating values (+207.7% YoY), the market shows growth potential. The top-performing broker in this market is MBA Realty.

What is the total land for sale in Grosse Ile, Michigan?

There are currently 16 active listings in Grosse Ile, Michigan. 2 new listings have hit the market in the last 90 days. The median asking price is $99K.

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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