Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 5 | 7 | 14 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | 1 | 2 | 4 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | 1 | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 7 | 12 | 24 |
Acreage buckets
The median price for land in Indian River, Michigan is currently $50K per acre. For a typical parcel, the median sale price is $53K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $134K.
Indian River, Michigan is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Indian River, Michigan currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 18 active listings in Indian River, Michigan. 6 new listings have hit the market in the last 90 days. The median asking price is $84K.
Land in Indian River, Michigan averages $91K per acre. The median price per acre is $50K, which may be more representative of typical transactions. Most parcels sold are around 43,168 sq ft.
Land in Indian River, Michigan typically sells within 224 days of listing. The median time on market is 76 days. Properties are moving slowly in the current balanced market.
The 3-month absorption rate in Indian River, Michigan is 16.7%. The 12-month rate is 15.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.