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 | 1 |
| 2-5 acres | - | 7 | 8 | 12 |
| 5-10 acres | 2 | 4 | 8 | 13 |
| 10-20 acres | 1 | 8 | 12 | 14 |
| 20-50 acres | 3 | 8 | 13 | 19 |
| 50-100 acres | - | - | 3 | 5 |
| 100+ acres | - | - | 1 | 3 |
| TOTAL | 6 | 27 | 47 | 69 |
Acreage buckets
The median price for land in Ontonagon County, Michigan is currently $2K per acre. For a typical parcel, the median sale price is $44K. 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 $167K.
Ontonagon County, 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 decreased 20.1% year-over-year.
Ontonagon County, Michigan currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Ontonagon County, Michigan averages $14K per acre. The median price per acre is $2K, which may be more representative of typical transactions. Most parcels sold are around 10.0 acres.
Land in Ontonagon County, Michigan typically sells within 135 days of listing. The median time on market is 45 days. Properties are moving slowly in the current seller's market.
The current absorption rate in Ontonagon County, Michigan is 33.3% (3-month basis), indicating strong demand. With depreciating values (-20.1% YoY), buyers may find value opportunities. The top-performing broker in this market is NORTHERN MICHIGAN LAND BROKERS - H.
Over the past 12 months, Ontonagon County, Michigan saw 69 properties sold, totaling $4.8M in sales volume. In just the last 3 months, 27 properties changed hands.
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.
