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Spruce, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
14
Sold (12M)
4
Median Price
$43K
Market Condition
Strong Buyer's Market

Spruce, 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
$43K
Avg Price/Acre
$4K
Avg Days on Market
46
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
7

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---1
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres---3
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0004
📊 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
2-5 acres0 sold / 1 listed
10-20 acres3 sold / 0 listed

Median Price by Acreage

$0$22K$43K
0- 1
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$169K
Last 12 months
Active Listings
14
Current inventory
Avg Days on Market
46
Time to sell
Price Trend (YoY)
-
Year over year

Spruce, Michigan Land Market Analysis

How much is land worth in Spruce, Michigan?

The median price for land in Spruce, Michigan is currently $4K per acre. For a typical parcel, the median sale price is $43K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $41K while premium lots reached $43K.

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

Over the past 12 months, Spruce, Michigan saw 4 properties sold, totaling $169K in sales volume.

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

Land in Spruce, Michigan typically sells within 46 days of listing. The median time on market is 22 days. Properties are moving quickly in the current strong buyer's market.

What is the average price per acre in Spruce, Michigan?

Land in Spruce, Michigan averages $36K per acre. The median price per acre is $4K, which may be more representative of typical transactions. Most parcels sold are around 10.0 acres.

What is the median land price in Spruce, Michigan?

The median land price in Spruce, Michigan stands at $43K. This translates to roughly $4K per acre for the typical parcel size. The average price is $42K, showing a fairly consistent market.

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

The 12-month rate is 2.4%. 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 Spruce, Michigan?

There are currently 14 active listings in Spruce, Michigan. 7 new listings have hit the market in the last 90 days. The median asking price is $36K.

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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