Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 5 |
Acreage buckets
The median price for land in Pellston, Michigan is currently $6K per acre. For a typical parcel, the median sale price is $116K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $24K while premium lots reached $251K.
Over the past 12 months, Pellston, Michigan saw 5 properties sold, totaling $649K in sales volume.
There are currently 4 active listings in Pellston, Michigan. The median asking price is $62K.
Land in Pellston, Michigan typically sells within 30 days of listing. The median time on market is 34 days. Properties are moving quickly in the current strong buyer's market.
The top-performing broker in this market is Coldwell Banker Fairbairn Realty.
The median land price in Pellston, Michigan stands at $116K. This translates to roughly $6K per acre for the typical parcel size. The average price is $130K, indicating some higher-priced properties pulling up the average.
The 12-month rate is 10.4%. 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.