Comprehensive market data and analysis• Updated Dec 2025
41.1 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 15 | 64 | 121 | 263 |
| 1-2 acres | 3 | 6 | 14 | 27 |
| 2-5 acres | 1 | 6 | 15 | 34 |
| 5-10 acres | - | 1 | 3 | 10 |
| 10-20 acres | - | 2 | 7 | 9 |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 19 | 79 | 160 | 345 |
Acreage buckets
The median price for land in Wayne County, Michigan is currently $106K per acre. For a typical parcel, the median sale price is $42K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $5K while premium lots reached $306K.
Wayne County, Michigan is currently a strong buyer's market with 41.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 38.5% year-over-year.
Wayne County, Michigan currently has 41.1 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Wayne County, Michigan averages $336K per acre. The median price per acre is $106K, which may be more representative of typical transactions. Most parcels sold are around 9,148 sq ft.
The 3-month absorption rate in Wayne County, Michigan is 2.4%. The 12-month rate is 2.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 1,111 active listings in Wayne County, Michigan. 313 new listings have hit the market in the last 90 days. The median asking price is $38K.
Land in Wayne County, Michigan typically sells within 217 days of listing. The median time on market is 98 days. Properties are moving slowly in the current strong buyer's market.
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.
