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Northport, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
9
Sold (12M)
25
Median Price
$170K
Market Condition
Seller's Market

Northport, Michigan Market Meter

Buyer'sSeller's
Seller's Market

4.5 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$170K
Avg Price/Acre
$113K
Avg Days on Market
172
Months of Supply
4.5
YoY Price Change
+254.9%
New Listings (3M)
4

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres128152226
1-2 acres-11233
2-5 acres---158
5-10 acres--1133
10-20 acres13451013
20-50 acres----13
50-100 acres---111
100+ acres------
TOTAL2614254557
📊 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 acres15 sold / 1 listed
1-2 acres2 sold / 0 listed
2-5 acres1 sold / 0 listed
5-10 acres1 sold / 1 listed
10-20 acres5 sold / 3 listed
20-50 acres0 sold / 3 listed
50-100 acres1 sold / 0 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$1.1M$2.3M
0- 1
1- 2
2- 5
5- 10
10- 20
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$8.8M
Last 12 months
Active Listings
9
Current inventory
Avg Days on Market
172
Time to sell
Price Trend (YoY)
+254.9%
Year over year

Northport, Michigan Land Market Analysis

How much is land worth in Northport, Michigan?

The median price for land in Northport, Michigan is currently $113K per acre. For a typical parcel, the median sale price is $170K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $32K while premium lots reached $732K.

Is now a good time to buy land in Northport, Michigan?

Northport, Michigan is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 254.9% year-over-year.

What is the months of supply for land in Northport, Michigan?

Northport, Michigan currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

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

The 3-month absorption rate in Northport, Michigan is 22.2%. The 12-month rate is 23.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Over the past 12 months, Northport, Michigan saw 25 properties sold, totaling $8.8M in sales volume. In just the last 3 months, 6 properties changed hands.

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

There are currently 9 active listings in Northport, Michigan. 4 new listings have hit the market in the last 90 days. The median asking price is $600K.

What is the median land price in Northport, Michigan?

The median land price in Northport, Michigan stands at $170K. This translates to roughly $113K per acre for the typical parcel size. The average price is $351K, indicating some higher-priced properties pulling up the average.

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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Other Cities in Leelanau County

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