Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 3 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 3 | 5 |
Acreage buckets
The median price for land in Troy, Michigan is currently $521K per acre. For a typical parcel, the median sale price is $200K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $175K while premium lots reached $329K.
The top-performing broker in this market is Keller Williams Paint Creek.
Land in Troy, Michigan typically sells within 144 days of listing. The median time on market is 159 days. Properties are moving slowly in the current strong buyer's market.
There are currently 4 active listings in Troy, Michigan. 2 new listings have hit the market in the last 90 days. The median asking price is $259K.
Land in Troy, Michigan averages $552K per acre. The median price per acre is $521K, which may be more representative of typical transactions. Most parcels sold are around 29,621 sq ft.
The 12-month rate is 10.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Troy, Michigan stands at $200K. This translates to roughly $521K per acre for the typical parcel size. The average price is $238K, 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. 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.
