Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Merritt, Michigan is currently $49K per acre. For a typical parcel, the median sale price is $53K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $67K.
The median land price in Merritt, Michigan stands at $53K. This translates to roughly $49K per acre for the typical parcel size.
Land in Merritt, Michigan typically sells within 82 days of listing. The median time on market is 82 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Merritt, Michigan saw 2 properties sold, totaling $106K in sales volume.
The top-performing broker in this market is Century 21 Trophy Class.
Land in Merritt, Michigan averages $49K per acre. The median price per acre is $49K, which may be more representative of typical transactions. Most parcels sold are around 32.4 acres.
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.
