Comprehensive market data and analysis• Updated Oct 2026
40.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 5 |
| 1-2 acres | - | 2 | 2 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 4 | 8 |
Acreage buckets
The median price for land in Southfield, Michigan is currently $92K per acre. For a typical parcel, the median sale price is $88K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $53K while premium lots reached $302K.
Southfield, Michigan is currently a strong buyer's market with 40.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Southfield, Michigan currently has 40.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Southfield, Michigan typically sells within 137 days of listing. The median time on market is 137 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Southfield, Michigan is 2.5% (3-month basis), indicating slow demand. The top-performing broker in this market is @properties Christie's Int'l R.E. Birmingham.
There are currently 27 active listings in Southfield, Michigan. 8 new listings have hit the market in the last 90 days. The median asking price is $80K.
The median land price in Southfield, Michigan stands at $88K. This translates to roughly $92K per acre for the typical parcel size. The average price is $145K, indicating some higher-priced properties pulling up the average.
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 Southfield on LandyDandy.
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