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Lapeer, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
33
Sold (12M)
46
Median Price
$81K
Market Condition
Buyer's Market

Lapeer, Michigan Market Meter

Buyer'sSeller's
Buyer's Market

9.9 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$81K
Avg Price/Acre
$14K
Avg Days on Market
78
Months of Supply
9.9
YoY Price Change
-
New Listings (3M)
13

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-368
1-2 acres--36
2-5 acres--25
5-10 acres4478
10-20 acres23715
20-50 acres--12
50-100 acres---1
100+ acres----
TOTAL6102645
📊 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 acres8 sold / 8 listed
1-2 acres6 sold / 3 listed
2-5 acres5 sold / 5 listed
5-10 acres8 sold / 6 listed
10-20 acres15 sold / 4 listed
20-50 acres2 sold / 2 listed
50-100 acres1 sold / 3 listed
100+ acres0 sold / 2 listed

Median Price by Acreage

$0$144K$288K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.8M
Last 12 months
Active Listings
33
Current inventory
Avg Days on Market
78
Time to sell
Price Trend (YoY)
-
Year over year

Lapeer, Michigan Land Market Analysis

How much is land worth in Lapeer, Michigan?

The median price for land in Lapeer, Michigan is currently $14K per acre. For a typical parcel, the median sale price is $81K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $183K.

Is now a good time to buy land in Lapeer, Michigan?

Lapeer, Michigan is currently a buyer's market with 9.9 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Lapeer, Michigan?

Lapeer, Michigan currently has 9.9 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

The current absorption rate in Lapeer, Michigan is 10.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Keller Williams Lakeside.

What is the absorption rate for land in Lapeer, Michigan?

The 3-month absorption rate in Lapeer, Michigan is 10.1%. The 12-month rate is 11.6%. 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 Lapeer, Michigan?

There are currently 33 active listings in Lapeer, Michigan. 13 new listings have hit the market in the last 90 days. The median asking price is $120K.

What is the median land price in Lapeer, Michigan?

The median land price in Lapeer, Michigan stands at $81K. This translates to roughly $14K per acre for the typical parcel size. The average price is $105K, indicating some higher-priced properties pulling up the average.

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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