Comprehensive market data and analysis• Updated Dec 2025
2.3 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 4 | 5 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | 2 | 3 | 5 |
| 20-50 acres | - | 4 | 5 | 8 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 9 | 13 | 24 |
Acreage buckets
The median price for land in Leroy, Michigan is currently $6K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $12K while premium lots reached $143K.
Leroy, Michigan is currently a very hot seller's market with 2.3 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Leroy, Michigan currently has 2.3 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Leroy, Michigan averages $15K per acre. The median price per acre is $6K, which may be more representative of typical transactions. Most parcels sold are around 12.5 acres.
Land in Leroy, Michigan typically sells within 109 days of listing. The median time on market is 64 days. Properties are moving at a moderate pace in the current very hot seller's market.
There are currently 7 active listings in Leroy, Michigan. 1 new listings have hit the market in the last 90 days. The median asking price is $59K.
The 3-month absorption rate in Leroy, Michigan is 42.9%. The 12-month rate is 28.6%. 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.