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Reese, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
1
Median Price
$24K
Market Condition
Strong Buyer's Market

Reese, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$24K
Avg Price/Acre
$48K
Avg Days on Market
226
Months of Supply
999.0
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 / 1 listed

Median Price by Acreage

$0$12K$24K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$24K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
226
Time to sell
Price Trend (YoY)
-
Year over year

Reese, Michigan Land Market Analysis

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.

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

Over the past 12 months, Reese, Michigan saw 1 properties sold, totaling $24K in sales volume.

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

The top-performing broker in this market is BOMIC Real Estate.

What is the median land price in Reese, Michigan?

The median land price in Reese, Michigan stands at $24K. This translates to roughly $48K per acre for the typical parcel size.

What is the absorption rate for land in Reese, Michigan?

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.

What is the total land for sale in Reese, Michigan?

There are currently 1 active listings in Reese, Michigan. The median asking price is $275K.

How long does it take to sell land in Reese, Michigan?

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.

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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