Comprehensive market data and analysis• Updated Dec 2025
4.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | 1 | 2 | 2 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 3 | 5 |
Acreage buckets
The median price for land in Lennon, Michigan is currently $15K per acre. For a typical parcel, the median sale price is $36K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $26K while premium lots reached $213K.
Lennon, Michigan is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Lennon, Michigan currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Lennon, Michigan is 22.2% (3-month basis), indicating strong demand. The top-performing broker in this market is RE/MAX Platinum - Grand Blanc.
The 3-month absorption rate in Lennon, Michigan is 22.2%. The 12-month rate is 13.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 3 active listings in Lennon, Michigan. 2 new listings have hit the market in the last 90 days. The median asking price is $33K.
The median land price in Lennon, Michigan stands at $36K. This translates to roughly $15K per acre for the typical parcel size. The average price is $91K, indicating some higher-priced properties pulling up the average.
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.
