Landydandy logo

Otsego County, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
140
Sold (12M)
145
Median Price
$35K
Market Condition
Buyer's Market

Otsego County, Michigan Market Meter

Buyer'sSeller's
Buyer's Market

10.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$35K
Avg Price/Acre
$7K
Avg Days on Market
136
Months of Supply
10.5
YoY Price Change
-14.3%
New Listings (3M)
49

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres3132542
1-2 acres2249
2-5 acres371217
5-10 acres--47
10-20 acres-61227
20-50 acres-71519
50-100 acres-114
100+ acres--22
TOTAL83675127
📊 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 acres42 sold / 53 listed
1-2 acres9 sold / 19 listed
2-5 acres17 sold / 23 listed
5-10 acres7 sold / 3 listed
10-20 acres27 sold / 7 listed
20-50 acres19 sold / 7 listed
50-100 acres4 sold / 3 listed
100+ acres2 sold / 3 listed

Median Price by Acreage

$0$220K$439K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$8.9M
Last 12 months
Active Listings
140
Current inventory
Avg Days on Market
136
Time to sell
Price Trend (YoY)
-14.3%
Year over year

Otsego County, Michigan Land Market Analysis

How much is land worth in Otsego County, Michigan?

The median price for land in Otsego County, Michigan is currently $7K per acre. For a typical parcel, the median sale price is $35K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $4K while premium lots reached $151K.

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

Otsego County, Michigan is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 14.3% year-over-year.

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

Otsego County, Michigan currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the average price per acre in Otsego County, Michigan?

Land in Otsego County, Michigan averages $42K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 4.5 acres.

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

The current absorption rate in Otsego County, Michigan is 9.5% (3-month basis), indicating moderate demand. With depreciating values (-14.3% YoY), buyers may find value opportunities. The top-performing broker in this market is smith realty GROUP.

What is the absorption rate for land in Otsego County, Michigan?

The 3-month absorption rate in Otsego County, Michigan is 9.5%. The 12-month rate is 8.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Otsego County, Michigan?

There are currently 140 active listings in Otsego County, Michigan. 49 new listings have hit the market in the last 90 days. The median asking price is $23K.

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.

Explore More Land Market Statistics

All States

Michigan Counties

Cities in Otsego County