Comprehensive market data and analysis• Updated Dec 2025
51.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 4 | 20 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | 1 | 2 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | 1 | 1 | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 7 | 25 |
Acreage buckets
The median price for land in New Buffalo, Michigan is currently $556K per acre. For a typical parcel, the median sale price is $87K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $420K.
New Buffalo, Michigan is currently a strong buyer's market with 51.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 70.6% year-over-year.
New Buffalo, Michigan currently has 51.0 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 New Buffalo, Michigan is 2.0%. The 12-month rate is 6.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 34 active listings in New Buffalo, Michigan. 3 new listings have hit the market in the last 90 days. The median asking price is $225K.
Over the past 12 months, New Buffalo, Michigan saw 25 properties sold, totaling $5.9M in sales volume. In just the last 3 months, 2 properties changed hands.
The current absorption rate in New Buffalo, Michigan is 2.0% (3-month basis), indicating slow demand. With depreciating values (-70.6% YoY), buyers may find value opportunities. The top-performing broker in this market is Coldwell Banker Realty.
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.
