Comprehensive market data and analysis• Updated Oct 2026
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 3 |
Acreage buckets
The median price for land in Riga, Michigan is currently $11K per acre. For a typical parcel, the median sale price is $37K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $34K while premium lots reached $699K.
Over the past 12 months, Riga, Michigan saw 3 properties sold, totaling $935K in sales volume.
Land in Riga, Michigan typically sells within 418 days of listing. The median time on market is 418 days. Properties are moving slowly.
The median land price in Riga, Michigan stands at $37K. This translates to roughly $11K per acre for the typical parcel size. The average price is $312K, indicating some higher-priced properties pulling up the average.
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.
The top-performing broker in this market is eXp Realty LLC in Monroe.
Land in Riga, Michigan averages $17K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 4.7 acres.
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 Riga on LandyDandy.
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