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Munising, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
27
Sold (12M)
6
Median Price
$94K
Market Condition
Strong Buyer's Market

Munising, 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
$94K
Avg Price/Acre
$11K
Avg Days on Market
169
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres----24
1-2 acres---134
2-5 acres--1144
5-10 acres---156
10-20 acres---113
20-50 acres------
50-100 acres---224
100+ acres-----1
TOTAL00161726
📊 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 acres0 sold / 7 listed
1-2 acres1 sold / 9 listed
2-5 acres1 sold / 4 listed
5-10 acres1 sold / 0 listed
10-20 acres1 sold / 3 listed
50-100 acres2 sold / 1 listed
100+ acres0 sold / 3 listed

Median Price by Acreage

$0$73K$145K
1- 2
2- 5
5- 10
10- 20
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$579K
Last 12 months
Active Listings
27
Current inventory
Avg Days on Market
169
Time to sell
Price Trend (YoY)
-
Year over year

Munising, Michigan Land Market Analysis

How much is land worth in Munising, Michigan?

The median price for land in Munising, Michigan is currently $11K per acre. For a typical parcel, the median sale price is $94K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $59K while premium lots reached $136K.

What is the median land price in Munising, Michigan?

The median land price in Munising, Michigan stands at $94K. This translates to roughly $11K per acre for the typical parcel size. The average price is $96K, indicating some higher-priced properties pulling up the average.

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

Over the past 12 months, Munising, Michigan saw 6 properties sold, totaling $579K in sales volume.

What is the total land for sale in Munising, Michigan?

There are currently 27 active listings in Munising, Michigan. 2 new listings have hit the market in the last 90 days. The median asking price is $35K.

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

Land in Munising, Michigan averages $12K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 10.0 acres.

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

Land in Munising, Michigan typically sells within 169 days of listing. The median time on market is 153 days. Properties are moving slowly in the current strong buyer's market.

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

The top-performing broker in this market is RE/MAX SUPERIORLAND.

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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Michigan Counties

  • Alcona County, Michigan Land Stats
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  • Jackson County, Michigan Land Stats
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Other Cities in Alger County

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  • Eben Junction, Michigan Land Stats
  • Grand Marais, Michigan Land Stats
  • Rumely, Michigan Land Stats
  • Shingleton, Michigan Land Stats
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  • Wetmore, Michigan Land Stats

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