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Menominee County, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
31
Sold (12M)
45
Median Price
$60K
Market Condition
Balanced Market

Menominee County, Michigan Market Meter

Buyer'sSeller's
Balanced Market

8.5 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$60K
Avg Price/Acre
$3K
Avg Days on Market
61
Months of Supply
8.5
YoY Price Change
-53.9%
New Listings (3M)
13

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1226
1-2 acres--35
2-5 acres--15
5-10 acres--12
10-20 acres1224
20-50 acres141116
50-100 acres-356
100+ acres--11
TOTAL3112645
📊 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 acres6 sold / 10 listed
1-2 acres5 sold / 0 listed
2-5 acres5 sold / 5 listed
5-10 acres2 sold / 4 listed
10-20 acres4 sold / 0 listed
20-50 acres16 sold / 10 listed
50-100 acres6 sold / 1 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$60K$120K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.5M
Last 12 months
Active Listings
31
Current inventory
Avg Days on Market
61
Time to sell
Price Trend (YoY)
-53.9%
Year over year

Menominee County, Michigan Land Market Analysis

How much is land worth in Menominee County, Michigan?

The median price for land in Menominee County, Michigan is currently $3K 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 $23K while premium lots reached $131K.

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

Menominee County, Michigan is currently a balanced market with 8.5 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 53.9% year-over-year.

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

Menominee County, Michigan currently has 8.5 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the total amount sold in Menominee County, Michigan last year?

Over the past 12 months, Menominee County, Michigan saw 45 properties sold, totaling $3.5M in sales volume. In just the last 3 months, 11 properties changed hands.

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

Land in Menominee County, Michigan typically sells within 61 days of listing. The median time on market is 39 days. Properties are moving at a moderate pace in the current balanced market.

What is the total land for sale in Menominee County, Michigan?

There are currently 31 active listings in Menominee County, Michigan. 13 new listings have hit the market in the last 90 days. The median asking price is $80K.

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

The 3-month absorption rate in Menominee County, Michigan is 11.8%. The 12-month rate is 12.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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