Comprehensive market data and analysis• Updated Oct 2026
19.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | 3 | 3 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | 1 | 3 | 4 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 8 | 11 |
Acreage buckets
The median price for land in Milford, Michigan is currently $70K per acre. For a typical parcel, the median sale price is $203K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $91K while premium lots reached $696K.
Milford, Michigan is currently a strong buyer's market with 19.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Milford, Michigan currently has 19.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in Milford, Michigan stands at $203K. This translates to roughly $70K per acre for the typical parcel size. The average price is $272K, indicating some higher-priced properties pulling up the average.
Land in Milford, Michigan typically sells within 147 days of listing. The median time on market is 86 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Milford, Michigan saw 12 properties sold, totaling $3.3M in sales volume. In just the last 3 months, 3 properties changed hands.
The 3-month absorption rate in Milford, Michigan is 5.3%. The 12-month rate is 5.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Milford on LandyDandy.
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