Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 9 | 10 |
| 1-2 acres | 1 | 2 | 5 | 7 |
| 2-5 acres | - | - | 3 | 3 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | 1 | 1 | 4 | 6 |
| 20-50 acres | - | 3 | 3 | 5 |
| 50-100 acres | 1 | 2 | 2 | 2 |
| 100+ acres | 1 | 2 | 2 | 2 |
| TOTAL | 4 | 13 | 28 | 36 |
Acreage buckets
The median price for land in Manistique, Michigan is currently $18K per acre. For a typical parcel, the median sale price is $68K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $171K.
Manistique, Michigan is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 97.8% year-over-year.
Manistique, Michigan currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The median land price in Manistique, Michigan stands at $68K. This translates to roughly $18K per acre for the typical parcel size. The average price is $83K, indicating some higher-priced properties pulling up the average.
Land in Manistique, Michigan typically sells within 100 days of listing. The median time on market is 44 days. Properties are moving at a moderate pace in the current balanced market.
The current absorption rate in Manistique, Michigan is 16.7% (3-month basis), indicating strong demand. With appreciating values (+97.8% YoY), the market shows growth potential. The top-performing broker in this market is GROVER REAL ESTATE.
There are currently 26 active listings in Manistique, Michigan. 8 new listings have hit the market in the last 90 days. The median asking price is $35K.
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.
