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Tower, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$30K
Market Condition
Very Hot Seller's Market

Tower, Michigan Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$30K
Avg Price/Acre
-
Avg Days on Market
5
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
No acreage data available for Tower, Michigan
📊 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)

No inventory data available

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume
$30K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
5
Time to sell
Price Trend (YoY)
-
Year over year

Tower, Michigan Land Market Analysis

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.

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

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.

What is the median land price in Tower, Michigan?

The median land price in Tower, Michigan stands at $30K.

Is now a good time to invest in land in Tower, Michigan?

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.

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

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.

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

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.

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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