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Lewiston, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
23
Sold (12M)
48
Median Price
$24K
Market Condition
Seller's Market

Lewiston, Michigan Market Meter

Buyer'sSeller's
Seller's Market

4.6 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$24K
Avg Price/Acre
$6K
Avg Days on Market
88
Months of Supply
4.6
YoY Price Change
-34.9%
New Listings (3M)
5

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-2610
1-2 acres--33
2-5 acres-148
5-10 acres1124
10-20 acres15712
20-50 acres-233
50-100 acres----
100+ acres-111
TOTAL2122641
📊 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 acres10 sold / 5 listed
1-2 acres3 sold / 2 listed
2-5 acres8 sold / 3 listed
5-10 acres4 sold / 0 listed
10-20 acres12 sold / 6 listed
20-50 acres3 sold / 1 listed
100+ acres1 sold / 2 listed

Median Price by Acreage

$0$143K$285K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.9M
Last 12 months
Active Listings
23
Current inventory
Avg Days on Market
88
Time to sell
Price Trend (YoY)
-34.9%
Year over year

Lewiston, Michigan Land Market Analysis

How much is land worth in Lewiston, Michigan?

The median price for land in Lewiston, Michigan is currently $6K per acre. For a typical parcel, the median sale price is $24K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $3K while premium lots reached $87K.

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

Lewiston, Michigan is currently a seller's market with 4.6 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 34.9% year-over-year.

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

Lewiston, Michigan currently has 4.6 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the average price per acre in Lewiston, Michigan?

Land in Lewiston, Michigan averages $13K per acre. The median price per acre is $6K, which may be more representative of typical transactions. Most parcels sold are around 3.0 acres.

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

The 3-month absorption rate in Lewiston, Michigan is 21.7%. The 12-month rate is 17.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

The current absorption rate in Lewiston, Michigan is 21.7% (3-month basis), indicating strong demand. With depreciating values (-34.9% YoY), buyers may find value opportunities. The top-performing broker in this market is Huston Real Estate, Inc..

How long does it take to sell land in Lewiston, Michigan?

Land in Lewiston, Michigan typically sells within 88 days of listing. The median time on market is 34 days. Properties are moving at a moderate pace in the current seller's market.

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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