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Gwinn, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
28
Sold (12M)
31
Median Price
$37K
Market Condition
Strong Buyer's Market

Gwinn, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

14.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$37K
Avg Price/Acre
$3K
Avg Days on Market
99
Months of Supply
14.0
YoY Price Change
+483.3%
New Listings (3M)
7

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--23
1-2 acres-146
2-5 acres--22
5-10 acres--12
10-20 acres1156
20-50 acres-127
50-100 acres1222
100+ acres-123
TOTAL262031
📊 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 acres3 sold / 1 listed
1-2 acres6 sold / 7 listed
2-5 acres2 sold / 3 listed
5-10 acres2 sold / 4 listed
10-20 acres6 sold / 6 listed
20-50 acres7 sold / 3 listed
50-100 acres2 sold / 2 listed
100+ acres3 sold / 2 listed

Median Price by Acreage

$0$145K$290K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$2.2M
Last 12 months
Active Listings
28
Current inventory
Avg Days on Market
99
Time to sell
Price Trend (YoY)
+483.3%
Year over year

Gwinn, Michigan Land Market Analysis

How much is land worth in Gwinn, Michigan?

The median price for land in Gwinn, Michigan is currently $3K per acre. For a typical parcel, the median sale price is $37K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $170K.

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

Gwinn, Michigan is currently a strong buyer's market with 14.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 483.3% year-over-year.

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

Gwinn, Michigan currently has 14.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

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

The 3-month absorption rate in Gwinn, Michigan is 7.1%. The 12-month rate is 9.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Land in Gwinn, Michigan typically sells within 99 days of listing. The median time on market is 49 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

Over the past 12 months, Gwinn, Michigan saw 31 properties sold, totaling $2.2M in sales volume. In just the last 3 months, 6 properties changed hands.

What is the average price per acre in Gwinn, Michigan?

Land in Gwinn, Michigan averages $12K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 11.4 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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