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Montague, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
16
Sold (12M)
29
Median Price
$85K
Market Condition
Balanced Market

Montague, Michigan Market Meter

Buyer'sSeller's
Balanced Market

6.9 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$85K
Avg Price/Acre
$72K
Avg Days on Market
65
Months of Supply
6.9
YoY Price Change
+420.0%
New Listings (3M)
7

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-2815
1-2 acres--22
2-5 acres1455
5-10 acres-122
10-20 acres----
20-50 acres--15
50-100 acres----
100+ acres----
TOTAL171829
📊 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 acres15 sold / 7 listed
1-2 acres2 sold / 2 listed
2-5 acres5 sold / 1 listed
5-10 acres2 sold / 0 listed
10-20 acres0 sold / 2 listed
20-50 acres5 sold / 3 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$454K$907K
0- 1
1- 2
2- 5
5- 10
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$6.6M
Last 12 months
Active Listings
16
Current inventory
Avg Days on Market
65
Time to sell
Price Trend (YoY)
+420.0%
Year over year

Montague, Michigan Land Market Analysis

How much is land worth in Montague, Michigan?

The median price for land in Montague, Michigan is currently $72K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $470K.

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

Montague, Michigan is currently a balanced market with 6.9 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 420.0% year-over-year.

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

Montague, Michigan currently has 6.9 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the average price per acre in Montague, Michigan?

Land in Montague, Michigan averages $411K per acre. The median price per acre is $72K, which may be more representative of typical transactions. Most parcels sold are around 42,688 sq ft.

What is the median land price in Montague, Michigan?

The median land price in Montague, Michigan stands at $85K. This translates to roughly $72K per acre for the typical parcel size. The average price is $227K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Montague, Michigan?

The 3-month absorption rate in Montague, Michigan is 14.6%. The 12-month rate is 15.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Montague, Michigan?

The current absorption rate in Montague, Michigan is 14.6% (3-month basis), indicating moderate demand. With appreciating values (+420.0% YoY), the market shows growth potential. The top-performing broker in this market is Lakeshore Connection Real Est..

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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