Comprehensive market data and analysis• Updated Dec 2025
19.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 5 | 5 | 20 |
| 1-2 acres | - | - | - | 3 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | 1 | 2 |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 5 | 6 | 29 |
Acreage buckets
The median price for land in Waterford, Michigan is currently $142K per acre. For a typical parcel, the median sale price is $175K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $24K while premium lots reached $462K.
Waterford, Michigan is currently a strong buyer's market with 19.8 months of supply. Buyers have more negotiating power and can take time to find the right property.
Waterford, Michigan currently has 19.8 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Waterford, Michigan is 5.0% (3-month basis), indicating slow demand. The top-performing broker in this market is Real Estate One-Troy.
Land in Waterford, Michigan typically sells within 54 days of listing. The median time on market is 30 days. Properties are moving quickly in the current strong buyer's market.
There are currently 33 active listings in Waterford, Michigan. 9 new listings have hit the market in the last 90 days. The median asking price is $130K.
The 3-month absorption rate in Waterford, Michigan is 5.0%. The 12-month rate is 7.3%. 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. 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.
