Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | - | 3 | 3 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | 5 | 6 | 9 |
| 20-50 acres | 1 | 3 | 5 | 8 |
| 50-100 acres | - | 1 | 1 | 4 |
| 100+ acres | 1 | 2 | 5 | 5 |
| TOTAL | 2 | 11 | 22 | 35 |
Acreage buckets
The median price for land in Newberry, Michigan is currently $3K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $130K.
Newberry, Michigan is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 280.4% year-over-year.
Newberry, Michigan currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Newberry, Michigan saw 35 properties sold, totaling $2.2M in sales volume. In just the last 3 months, 11 properties changed hands.
There are currently 11 active listings in Newberry, Michigan. 3 new listings have hit the market in the last 90 days. The median asking price is $65K.
Land in Newberry, Michigan typically sells within 90 days of listing. The median time on market is 37 days. Properties are moving at a moderate pace in the current seller's market.
The current absorption rate in Newberry, Michigan is 33.3% (3-month basis), indicating strong demand. With appreciating values (+280.4% YoY), the market shows growth potential. The top-performing broker in this market is GROVER REAL ESTATE.
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.
