Comprehensive market data and analysis• Updated Dec 2025
8.4 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | 2 | 4 | 13 |
| 5-10 acres | - | - | 3 | 4 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | 1 | 1 | 3 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | 1 | 1 | 1 | 2 |
| TOTAL | 1 | 5 | 11 | 26 |
Acreage buckets
The median price for land in Watersmeet, Michigan is currently $12K per acre. For a typical parcel, the median sale price is $73K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $29K while premium lots reached $285K.
Watersmeet, Michigan is currently a balanced market with 8.4 months of supply. Conditions favor neither buyers nor sellers significantly.
Watersmeet, Michigan currently has 8.4 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 14 active listings in Watersmeet, Michigan. 3 new listings have hit the market in the last 90 days. The median asking price is $155K.
The current absorption rate in Watersmeet, Michigan is 11.9% (3-month basis), indicating moderate demand. The top-performing broker in this market is CENTURY 21 BURKETT - LOL.
Land in Watersmeet, Michigan typically sells within 147 days of listing. The median time on market is 72 days. Properties are moving slowly in the current balanced market.
The median land price in Watersmeet, Michigan stands at $73K. This translates to roughly $12K per acre for the typical parcel size. The average price is $138K, 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.
