Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 1 |
Acreage buckets
The median price for land in Hermansville, Michigan is currently $29K per acre. For a typical parcel, the median sale price is $29K. Recently, the cheapest land sold for $29K while premium lots reached $29K.
There are currently 2 active listings in Hermansville, Michigan. The median asking price is $50K.
Land in Hermansville, Michigan typically sells within 76 days of listing. The median time on market is 76 days. Properties are moving at a moderate pace in the current strong buyer's market.
Land in Hermansville, Michigan averages $29K per acre. The median price per acre is $29K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The top-performing broker in this market is STATE WIDE REAL ESTATE OF ESCANABA.
Over the past 12 months, Hermansville, Michigan saw 1 properties sold, totaling $29K in sales volume.
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.