How much is land worth in Tower, Michigan?
For a typical parcel, the median sale price is $30K. Recently, the cheapest land sold for $30K while premium lots reached $30K.
Comprehensive market data and analysis• Updated Dec 2025
0.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Tower, Michigan | ||||||
For a typical parcel, the median sale price is $30K. Recently, the cheapest land sold for $30K while premium lots reached $30K.
Land in Tower, Michigan typically sells within 5 days of listing. The median time on market is 5 days. Properties are moving quickly in the current very hot seller's market.
The median land price in Tower, Michigan stands at $30K.
The current absorption rate in Tower, Michigan is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is COLDWELL BANKER SCHMIDT INDIAN RIVER.
The 3-month absorption rate in Tower, Michigan is 100.0%. 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.
Over the past 12 months, Tower, Michigan saw 1 properties sold, totaling $30K in sales volume. In just the last 3 months, 1 properties changed hands.
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.