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West Bloomfield, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
30
Sold (12M)
17
Median Price
$140K
Market Condition
Strong Buyer's Market

West Bloomfield, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

30.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$140K
Avg Price/Acre
$339K
Avg Days on Market
500
Months of Supply
30.0
YoY Price Change
-88.5%
New Listings (3M)
7

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres12414
1-2 acres1112
2-5 acres--11
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL23617
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres14 sold / 19 listed
1-2 acres2 sold / 4 listed
2-5 acres1 sold / 4 listed
5-10 acres0 sold / 2 listed
10-20 acres0 sold / 1 listed

Median Price by Acreage

$0$113K$225K
0- 1
1- 2
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.2M
Last 12 months
Active Listings
30
Current inventory
Avg Days on Market
500
Time to sell
Price Trend (YoY)
-88.5%
Year over year

West Bloomfield, Michigan Land Market Analysis

How much is land worth in West Bloomfield, Michigan?

The median price for land in West Bloomfield, Michigan is currently $339K per acre. For a typical parcel, the median sale price is $140K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $96K while premium lots reached $471K.

Is now a good time to buy land in West Bloomfield, Michigan?

West Bloomfield, Michigan is currently a strong buyer's market with 30.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 88.5% year-over-year.

What is the months of supply for land in West Bloomfield, Michigan?

West Bloomfield, Michigan currently has 30.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total amount sold in West Bloomfield, Michigan last year?

Over the past 12 months, West Bloomfield, Michigan saw 17 properties sold, totaling $4.2M in sales volume. In just the last 3 months, 3 properties changed hands.

What is the average price per acre in West Bloomfield, Michigan?

Land in West Bloomfield, Michigan averages $545K per acre. The median price per acre is $339K, which may be more representative of typical transactions. Most parcels sold are around 17,424 sq ft.

Is now a good time to invest in land in West Bloomfield, Michigan?

The current absorption rate in West Bloomfield, Michigan is 3.3% (3-month basis), indicating slow demand. With depreciating values (-88.5% YoY), buyers may find value opportunities. The top-performing broker in this market is Max Broock, REALTORS®-Birmingham.

What is the median land price in West Bloomfield, Michigan?

The median land price in West Bloomfield, Michigan stands at $140K. This translates to roughly $339K per acre for the typical parcel size. The average price is $249K, indicating some higher-priced properties pulling up the average.

Data Sources & Accuracy

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.

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