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 | - | - | - | - |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | 1 | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 5 |
Acreage buckets
The median price for land in Mikado, Michigan is currently $6K per acre. For a typical parcel, the median sale price is $20K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $42K.
There are currently 2 active listings in Mikado, Michigan. 2 new listings have hit the market in the last 90 days. The median asking price is $64K.
The top-performing broker in this market is Real Estate One of Alpena.
Land in Mikado, Michigan typically sells within 28 days of listing. The median time on market is 25 days. Properties are moving quickly in the current strong buyer's market.
Over the past 12 months, Mikado, Michigan saw 5 properties sold, totaling $137K in sales volume.
Land in Mikado, Michigan averages $8K per acre. The median price per acre is $6K, which may be more representative of typical transactions. Most parcels sold are around 3.5 acres.
The median land price in Mikado, Michigan stands at $20K. This translates to roughly $6K per acre for the typical parcel size. The average price is $27K, indicating some higher-priced properties pulling up the average.
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.
