Comprehensive market data and analysis• Updated Dec 2025
11.1 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 6 | 16 |
| 1-2 acres | - | - | 1 | 3 |
| 2-5 acres | 1 | 2 | 4 | 5 |
| 5-10 acres | - | 1 | 1 | 6 |
| 10-20 acres | - | 3 | 3 | 8 |
| 20-50 acres | - | - | - | 3 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 7 | 16 | 42 |
Acreage buckets
The median price for land in Manistee, Michigan is currently $29K per acre. For a typical parcel, the median sale price is $65K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $19K while premium lots reached $182K.
Manistee, Michigan is currently a buyer's market with 11.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 26.9% year-over-year.
Manistee, Michigan currently has 11.1 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Manistee, Michigan is 9.0%. The 12-month rate is 13.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Manistee, Michigan is 9.0% (3-month basis), indicating moderate demand. With appreciating values (+26.9% YoY), the market shows growth potential. The top-performing broker in this market is LIGHTHOUSE REALTY-Manistee.
Land in Manistee, Michigan typically sells within 92 days of listing. The median time on market is 67 days. Properties are moving at a moderate pace in the current buyer's market.
There are currently 26 active listings in Manistee, Michigan. 9 new listings have hit the market in the last 90 days. The median asking price is $125K.
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.
