Comprehensive market data and analysis• Updated Oct 2026
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | 2 | 3 | 3 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 5 | 5 |
Acreage buckets
The median price for land in Pellston, Michigan is currently $24K per acre. For a typical parcel, the median sale price is $115K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $16K while premium lots reached $184K.
Pellston, Michigan is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Pellston, Michigan currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Over the past 12 months, Pellston, Michigan saw 5 properties sold, totaling $506K in sales volume. In just the last 3 months, 3 properties changed hands.
There are currently 9 active listings in Pellston, Michigan. 5 new listings have hit the market in the last 90 days. The median asking price is $109K.
Land in Pellston, Michigan typically sells within 57 days of listing. The median time on market is 59 days. Properties are moving quickly in the current buyer's market.
The current absorption rate in Pellston, Michigan is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Coldwell Banker Fairbairn Realty.
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 Pellston on LandyDandy.
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