Comprehensive market data and analysis• Updated Dec 2025
36.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 3 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 6 |
Acreage buckets
The median price for land in Union, Michigan is currently $375K per acre. For a typical parcel, the median sale price is $395K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $33K while premium lots reached $748K.
Union, Michigan is currently a strong buyer's market with 36.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Union, Michigan currently has 36.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Union, Michigan is 2.8%. The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Union, Michigan typically sells within 175 days of listing. The median time on market is 155 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Union, Michigan saw 6 properties sold, totaling $2.4M in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Union, Michigan averages $875K per acre. The median price per acre is $375K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.
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.
