How much is land worth in Reese, Michigan?
The median price for land in Reese, Michigan is currently $48K per acre. For a typical parcel, the median sale price is $24K. Recently, the cheapest land sold for $24K while premium lots reached $24K.
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 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 1 |
Acreage buckets
The median price for land in Reese, Michigan is currently $48K per acre. For a typical parcel, the median sale price is $24K. Recently, the cheapest land sold for $24K while premium lots reached $24K.
Over the past 12 months, Reese, Michigan saw 1 properties sold, totaling $24K in sales volume.
The top-performing broker in this market is BOMIC Real Estate.
The median land price in Reese, Michigan stands at $24K. This translates to roughly $48K per acre for the typical parcel size.
The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 1 active listings in Reese, Michigan. The median asking price is $275K.
Land in Reese, Michigan typically sells within 226 days of listing. The median time on market is 226 days. Properties are moving slowly in the current strong buyer's market.
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.