Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | 1 | 1 | 3 | 5 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 4 | 8 |
Acreage buckets
The median price for land in Morrice, Michigan is currently $13K per acre. For a typical parcel, the median sale price is $32K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $98K.
Morrice, Michigan is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Morrice, Michigan currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 2 active listings in Morrice, Michigan. The median asking price is $400K.
Land in Morrice, Michigan averages $13K per acre. The median price per acre is $13K, which may be more representative of typical transactions. Most parcels sold are around 2.5 acres.
The current absorption rate in Morrice, Michigan is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Kori Shook & Associates.
The 3-month absorption rate in Morrice, Michigan is 16.7%. The 12-month rate is 33.3%. 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. 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.