Comprehensive market data and analysis• Updated Dec 2025
37.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 3 | 6 | 8 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 6 | 8 |
Acreage buckets
The median price for land in Hamtramck, Michigan is currently $239K per acre. For a typical parcel, the median sale price is $17K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $9K while premium lots reached $21K.
Hamtramck, Michigan is currently a strong buyer's market with 37.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 10.0% year-over-year.
Hamtramck, Michigan currently has 37.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Hamtramck, Michigan averages $207K per acre. The median price per acre is $239K, which may be more representative of typical transactions. Most parcels sold are around 3,049 sq ft.
Land in Hamtramck, Michigan typically sells within 123 days of listing. The median time on market is 89 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Hamtramck, Michigan stands at $17K. This translates to roughly $239K per acre for the typical parcel size. The average price is $15K, showing a fairly consistent market.
The current absorption rate in Hamtramck, Michigan is 2.7% (3-month basis), indicating slow demand. With appreciating values (+10.0% YoY), the market shows growth potential. The top-performing broker in this market is R2M Realty.
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.
