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Northville, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
25
Sold (12M)
11
Median Price
$500K
Market Condition
Strong Buyer's Market

Northville, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

15.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$500K
Avg Price/Acre
$797K
Avg Days on Market
156
Months of Supply
15.0
YoY Price Change
+370.6%
New Listings (3M)
10

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-225
1-2 acres1223
2-5 acres---1
5-10 acres----
10-20 acres--11
20-50 acres----
50-100 acres----
100+ acres----
TOTAL14510
📊 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 acres5 sold / 15 listed
1-2 acres3 sold / 2 listed
2-5 acres1 sold / 4 listed
5-10 acres0 sold / 2 listed
10-20 acres1 sold / 2 listed

Median Price by Acreage

$0$300K$600K
0- 1
1- 2
2- 5
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$6.4M
Last 12 months
Active Listings
25
Current inventory
Avg Days on Market
156
Time to sell
Price Trend (YoY)
+370.6%
Year over year

Northville, Michigan Land Market Analysis

How much is land worth in Northville, Michigan?

The median price for land in Northville, Michigan is currently $797K per acre. For a typical parcel, the median sale price is $500K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $310K while premium lots reached $800K.

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

Northville, Michigan is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 370.6% year-over-year.

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

Northville, Michigan currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

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

There are currently 25 active listings in Northville, Michigan. 10 new listings have hit the market in the last 90 days. The median asking price is $478K.

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

The current absorption rate in Northville, Michigan is 6.7% (3-month basis), indicating slow demand. With appreciating values (+370.6% YoY), the market shows growth potential. The top-performing broker in this market is The Charles Reinhart Company.

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

Land in Northville, Michigan typically sells within 156 days of listing. The median time on market is 15 days. Properties are moving slowly in the current strong buyer's market.

What is the median land price in Northville, Michigan?

The median land price in Northville, Michigan stands at $500K. This translates to roughly $797K per acre for the typical parcel size. The average price is $579K, 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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