Comprehensive market data and analysis• Updated Dec 2025
12.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | 1 | 3 | 3 |
| 2-5 acres | 3 | 3 | 3 | 5 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 1 | 2 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 5 | 8 | 14 |
Acreage buckets
The median price for land in Houghton Lake, Michigan is currently $15K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $187K.
Houghton Lake, Michigan is currently a strong buyer's market with 12.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 202.1% year-over-year.
Houghton Lake, Michigan currently has 12.8 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Houghton Lake, Michigan is 7.8%. The 12-month rate is 8.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Houghton Lake, Michigan stands at $30K. This translates to roughly $15K per acre for the typical parcel size. The average price is $61K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Houghton Lake, Michigan is 7.8% (3-month basis), indicating slow demand. With appreciating values (+202.1% YoY), the market shows growth potential. The top-performing broker in this market is RE/MAX of Higgins Lake.
Over the past 12 months, Houghton Lake, Michigan saw 33 properties sold, totaling $2.0M in sales volume. In just the last 3 months, 8 properties changed hands.
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.