Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | 1 | 1 | 1 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 3 | 5 |
Acreage buckets
The median price for land in Lake Odessa, Michigan is currently $45K per acre. For a typical parcel, the median sale price is $67K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $61K while premium lots reached $210K.
Lake Odessa, Michigan is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Lake Odessa, Michigan currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Lake Odessa, Michigan is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Bellabay Realty LLC.
Land in Lake Odessa, Michigan averages $43K per acre. The median price per acre is $45K, which may be more representative of typical transactions. Most parcels sold are around 3.4 acres.
The median land price in Lake Odessa, Michigan stands at $67K. This translates to roughly $45K per acre for the typical parcel size. The average price is $118K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Lake Odessa, Michigan saw 5 properties sold, totaling $589K in sales volume. In just the last 3 months, 1 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.
