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Pleasant Ridge, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$630K
Market Condition
Strong Buyer's Market

Pleasant Ridge, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$630K
Avg Price/Acre
$1.1M
Avg Days on Market
-
Months of Supply
-
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--11
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0011
📊 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 acres1 sold / 0 listed

Median Price by Acreage

$0$315K$630K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$630K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year

Pleasant Ridge, Michigan Land Market Analysis

How much is land worth in Pleasant Ridge, Michigan?

The median price for land in Pleasant Ridge, Michigan is currently $1.1M per acre. For a typical parcel, the median sale price is $630K. Recently, the cheapest land sold for $630K while premium lots reached $630K.

What is the average price per acre in Pleasant Ridge, Michigan?

Land in Pleasant Ridge, Michigan averages $1.1M per acre. The median price per acre is $1.1M, which may be more representative of typical transactions. Most parcels sold are around 25,265 sq ft.

What is the absorption rate for land in Pleasant Ridge, Michigan?

The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Pleasant Ridge, Michigan?

The median land price in Pleasant Ridge, Michigan stands at $630K. This translates to roughly $1.1M per acre for the typical parcel size.

What is the total amount sold in Pleasant Ridge, Michigan last year?

Over the past 12 months, Pleasant Ridge, Michigan saw 1 properties sold, totaling $630K in sales volume.

Is now a good time to invest in land in Pleasant Ridge, Michigan?

The top-performing broker in this market is Good Company.

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.

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