Comprehensive market data and analysis• Updated Dec 2025
7.8 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 4 | 4 |
| 1-2 acres | - | 5 | 7 | 10 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 5 | 11 | 15 |
Acreage buckets
The median price for land in Onekama, Michigan is currently $25K per acre. For a typical parcel, the median sale price is $28K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $55K.
Onekama, Michigan is currently a balanced market with 7.8 months of supply. Conditions favor neither buyers nor sellers significantly.
Onekama, Michigan currently has 7.8 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Over the past 12 months, Onekama, Michigan saw 15 properties sold, totaling $531K in sales volume. In just the last 3 months, 5 properties changed hands.
Land in Onekama, Michigan typically sells within 155 days of listing. The median time on market is 123 days. Properties are moving slowly in the current balanced market.
The median land price in Onekama, Michigan stands at $28K. This translates to roughly $25K per acre for the typical parcel size. The average price is $35K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Onekama, Michigan is 12.8%. The 12-month rate is 9.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
