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Montgomery, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
1
Median Price
$4K
Market Condition
Strong Buyer's Market

Montgomery, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$4K
Avg Price/Acre
$20K
Avg Days on Market
29
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0001
📊 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 acres1 sold / 1 listed
20-50 acres0 sold / 1 listed

Median Price by Acreage

$0$2K$4K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$4K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
29
Time to sell
Price Trend (YoY)
-
Year over year

Montgomery, Michigan Land Market Analysis

How much is land worth in Montgomery, Michigan?

The median price for land in Montgomery, Michigan is currently $20K per acre. For a typical parcel, the median sale price is $4K. Recently, the cheapest land sold for $4K while premium lots reached $4K.

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

Land in Montgomery, Michigan averages $20K per acre. The median price per acre is $20K, which may be more representative of typical transactions. Most parcels sold are around 8,712 sq ft.

What is the total amount sold in Montgomery, Michigan last year?

Over the past 12 months, Montgomery, Michigan saw 1 properties sold, totaling $4K in sales volume.

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

The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Montgomery, Michigan?

The median land price in Montgomery, Michigan stands at $4K. This translates to roughly $20K per acre for the typical parcel size.

How long does it take to sell land in Montgomery, Michigan?

Land in Montgomery, Michigan typically sells within 29 days of listing. The median time on market is 29 days. Properties are moving quickly in the current strong buyer's market.

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

The top-performing broker in this market is Serenity Realty LLC.

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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