Comprehensive market data and analysis• Updated Oct 2026
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 2 | 2 |
| 1-2 acres | - | 4 | 4 | 12 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 6 | 7 | 16 |
Acreage buckets
The median price for land in Onekama, Michigan is currently $16K per acre. For a typical parcel, the median sale price is $22K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $82K.
Onekama, Michigan is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Onekama, Michigan currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Onekama, Michigan saw 16 properties sold, totaling $621K in sales volume. In just the last 3 months, 6 properties changed hands.
Land in Onekama, Michigan typically sells within 157 days of listing. The median time on market is 85 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Onekama, Michigan stands at $22K. This translates to roughly $16K per acre for the typical parcel size. The average price is $39K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Onekama, Michigan is 8.3%. The 12-month rate is 5.6%. 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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Onekama on LandyDandy.
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