Comprehensive market data and analysis• Updated Dec 2025
6.6 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 11 | 12 |
| 1-2 acres | 1 | 2 | 6 | 10 |
| 2-5 acres | - | - | 3 | 5 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | 1 | 3 | 7 | 13 |
| 20-50 acres | - | 5 | 9 | 15 |
| 50-100 acres | 1 | 3 | 5 | 7 |
| 100+ acres | 2 | 4 | 4 | 4 |
| TOTAL | 5 | 21 | 45 | 68 |
Acreage buckets
The median price for land in Schoolcraft County, Michigan is currently $5K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $204K.
Schoolcraft County, Michigan is currently a balanced market with 6.6 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 124.8% year-over-year.
Schoolcraft County, Michigan currently has 6.6 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in Schoolcraft County, Michigan is 15.2%. The 12-month rate is 12.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Schoolcraft County, Michigan saw 69 properties sold, totaling $7.1M in sales volume. In just the last 3 months, 21 properties changed hands.
Land in Schoolcraft County, Michigan averages $37K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 13.1 acres.
Land in Schoolcraft County, Michigan typically sells within 96 days of listing. The median time on market is 49 days. Properties are moving at a moderate pace in the current balanced 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.