Comprehensive market data and analysis• Updated Dec 2025
18.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 3 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 2 | 3 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | 1 | 2 | 2 |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 8 | 13 |
Acreage buckets
The median price for land in Mio, Michigan is currently $9K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $152K.
Mio, Michigan is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mio, Michigan currently has 18.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Mio, Michigan is 5.6%. The 12-month rate is 9.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Mio, Michigan typically sells within 94 days of listing. The median time on market is 25 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Mio, Michigan is 5.6% (3-month basis), indicating slow demand. The top-performing broker in this market is DETRICH REAL ESTATE, L.C..
Over the past 12 months, Mio, Michigan saw 13 properties sold, totaling $723K in sales volume. In just the last 3 months, 2 properties changed hands.
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.
