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Manistee County, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
83
Sold (12M)
146
Median Price
$60K
Market Condition
Balanced Market

Manistee County, Michigan Market Meter

Buyer'sSeller's
Balanced Market

6.6 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$60K
Avg Price/Acre
$12K
Avg Days on Market
95
Months of Supply
6.6
YoY Price Change
-12.5%
New Listings (3M)
36

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres162338
1-2 acres-61017
2-5 acres581121
5-10 acres16917
10-20 acres-4827
20-50 acres-4716
50-100 acres-458
100+ acres---2
TOTAL73873146
📊 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 acres38 sold / 19 listed
1-2 acres17 sold / 13 listed
2-5 acres21 sold / 11 listed
5-10 acres17 sold / 11 listed
10-20 acres27 sold / 17 listed
20-50 acres16 sold / 9 listed
50-100 acres8 sold / 2 listed
100+ acres2 sold / 0 listed

Median Price by Acreage

$0$122K$243K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$13.0M
Last 12 months
Active Listings
83
Current inventory
Avg Days on Market
95
Time to sell
Price Trend (YoY)
-12.5%
Year over year

Manistee County, Michigan Land Market Analysis

How much is land worth in Manistee County, Michigan?

The median price for land in Manistee County, Michigan is currently $12K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $206K.

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

Manistee County, Michigan is currently a balanced market with 6.6 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 12.5% year-over-year.

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

Manistee County, Michigan currently has 6.6 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the absorption rate for land in Manistee County, Michigan?

The 3-month absorption rate in Manistee County, Michigan is 15.3%. The 12-month rate is 14.7%. 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 Manistee County, Michigan?

There are currently 83 active listings in Manistee County, Michigan. 36 new listings have hit the market in the last 90 days. The median asking price is $83K.

What is the median land price in Manistee County, Michigan?

The median land price in Manistee County, Michigan stands at $60K. This translates to roughly $12K per acre for the typical parcel size. The average price is $89K, indicating some higher-priced properties pulling up the average.

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

Land in Manistee County, Michigan typically sells within 95 days of listing. The median time on market is 59 days. Properties are moving at a moderate pace in the current balanced 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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