Comprehensive market data and analysis• Updated Oct 2026
3.6 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | 1 | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | 2 | 2 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 5 | 5 | 5 |
Acreage buckets
The median price for land in Trout Lake, Michigan is currently $61K per acre. For a typical parcel, the median sale price is $120K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $64K while premium lots reached $176K.
Trout Lake, Michigan is currently a seller's market with 3.6 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Trout Lake, Michigan currently has 3.6 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Trout Lake, Michigan averages $61K per acre. The median price per acre is $61K, which may be more representative of typical transactions. Most parcels sold are around 9.4 acres.
The median land price in Trout Lake, Michigan stands at $120K. This translates to roughly $61K per acre for the typical parcel size.
Over the past 12 months, Trout Lake, Michigan saw 6 properties sold, totaling $240K in sales volume. In just the last 3 months, 5 properties changed hands.
The 3-month absorption rate in Trout Lake, Michigan is 27.8%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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 Trout Lake on LandyDandy.
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