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Mc Bain, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
23
Sold (12M)
7
Median Price
$23K
Market Condition
Strong Buyer's Market

Mc Bain, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

69.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$23K
Avg Price/Acre
$10K
Avg Days on Market
463
Months of Supply
69.0
YoY Price Change
-77.3%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1122
1-2 acres---1
2-5 acres----
5-10 acres---2
10-20 acres---1
20-50 acres----
50-100 acres--11
100+ acres----
TOTAL1137
📊 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 acres2 sold / 7 listed
1-2 acres1 sold / 3 listed
2-5 acres0 sold / 11 listed
5-10 acres2 sold / 0 listed
10-20 acres1 sold / 0 listed
20-50 acres0 sold / 2 listed
50-100 acres1 sold / 0 listed

Median Price by Acreage

$0$85K$170K
0- 1
1- 2
5- 10
10- 20
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$419K
Last 12 months
Active Listings
23
Current inventory
Avg Days on Market
463
Time to sell
Price Trend (YoY)
-77.3%
Year over year

Mc Bain, Michigan Land Market Analysis

How much is land worth in Mc Bain, Michigan?

The median price for land in Mc Bain, Michigan is currently $10K per acre. For a typical parcel, the median sale price is $23K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $152K.

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

Mc Bain, Michigan is currently a strong buyer's market with 69.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 77.3% year-over-year.

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

Mc Bain, Michigan currently has 69.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Mc Bain, Michigan?

The 3-month absorption rate in Mc Bain, Michigan is 1.4%. The 12-month rate is 2.5%. 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 Mc Bain, Michigan?

The current absorption rate in Mc Bain, Michigan is 1.4% (3-month basis), indicating slow demand. With depreciating values (-77.3% YoY), buyers may find value opportunities. The top-performing broker in this market is Coldwell Banker Schmidt Cadillac.

What is the average price per acre in Mc Bain, Michigan?

Land in Mc Bain, Michigan averages $13K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 5.4 acres.

What is the median land price in Mc Bain, Michigan?

The median land price in Mc Bain, Michigan stands at $23K. This translates to roughly $10K per acre for the typical parcel size. The average price is $60K, indicating some higher-priced properties pulling up the average.

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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