Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 1 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 3 |
Acreage buckets
The median price for land in Hope, Michigan is currently $4K per acre. For a typical parcel, the median sale price is $81K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $32K while premium lots reached $96K.
Hope, Michigan is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Hope, Michigan currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Hope, Michigan is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Ayre Rhinehart Real Estate Partners.
Land in Hope, Michigan typically sells within 6 days of listing. The median time on market is 6 days. Properties are moving quickly in the current buyer's market.
There are currently 3 active listings in Hope, Michigan. 1 new listings have hit the market in the last 90 days. The median asking price is $65K.
Land in Hope, Michigan averages $5K per acre. The median price per acre is $4K, which may be more representative of typical transactions. Most parcels sold are around 9.5 acres.
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.
