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Highland Park, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
22
Sold (12M)
4
Median Price
$44K
Market Condition
Strong Buyer's Market

Highland 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
$44K
Avg Price/Acre
$127K
Avg Days on Market
89
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
8

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---3
1-2 acres---1
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0004
📊 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 / 21 listed
1-2 acres1 sold / 0 listed
20-50 acres0 sold / 1 listed

Median Price by Acreage

$0$60K$120K
0- 1
1- 2

Acreage buckets

Key Market Indicators

Total Sales Volume
$214K
Last 12 months
Active Listings
22
Current inventory
Avg Days on Market
89
Time to sell
Price Trend (YoY)
-
Year over year

Highland Park, Michigan Land Market Analysis

How much is land worth in Highland Park, Michigan?

The median price for land in Highland Park, Michigan is currently $127K per acre. For a typical parcel, the median sale price is $44K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $106K.

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

Over the past 12 months, Highland Park, Michigan saw 4 properties sold, totaling $214K in sales volume.

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

Land in Highland Park, Michigan typically sells within 89 days of listing. The median time on market is 89 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

The median land price in Highland Park, Michigan stands at $44K. This translates to roughly $127K per acre for the typical parcel size. The average price is $54K, indicating some higher-priced properties pulling up the average.

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

The 12-month rate is 1.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Highland Park, Michigan?

There are currently 22 active listings in Highland Park, Michigan. 8 new listings have hit the market in the last 90 days. The median asking price is $15K.

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

The top-performing broker in this market is Brice Winthrop Realtors.

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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