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Hazel Park, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
15
Sold (12M)
9
Median Price
$25K
Market Condition
Strong Buyer's Market

Hazel Park, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$25K
Avg Price/Acre
$189K
Avg Days on Market
151
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
6

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--19
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0019
📊 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 / 14 listed
1-2 acres0 sold / 1 listed

Median Price by Acreage

$0$13K$25K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$215K
Last 12 months
Active Listings
15
Current inventory
Avg Days on Market
151
Time to sell
Price Trend (YoY)
-
Year over year

Hazel Park, Michigan Land Market Analysis

How much is land worth in Hazel Park, Michigan?

The median price for land in Hazel Park, Michigan is currently $189K per acre. For a typical parcel, the median sale price is $25K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $13K while premium lots reached $36K.

What is the average price per acre in Hazel Park, Michigan?

Land in Hazel Park, Michigan averages $207K per acre. The median price per acre is $189K, which may be more representative of typical transactions. Most parcels sold are around 4,356 sq ft.

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

Over the past 12 months, Hazel Park, Michigan saw 9 properties sold, totaling $215K in sales volume.

What is the absorption rate for land in Hazel Park, Michigan?

The 12-month rate is 5.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Hazel Park, Michigan?

The median land price in Hazel Park, Michigan stands at $25K. This translates to roughly $189K per acre for the typical parcel size. The average price is $24K, showing a fairly consistent market.

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

Land in Hazel Park, Michigan typically sells within 151 days of listing. The median time on market is 184 days. Properties are moving slowly in the current strong buyer's market.

Is now a good time to invest in land in Hazel Park, Michigan?

The top-performing broker in this market is Keller Williams Home.

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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