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Wetmore, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
6
Sold (12M)
10
Median Price
$41K
Market Condition
Balanced Market

Wetmore, Michigan Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$41K
Avg Price/Acre
$3K
Avg Days on Market
175
Months of Supply
6.0
YoY Price Change
-
New Listings (3M)
5

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres----35
1-2 acres------
2-5 acres---169
5-10 acres-12234
10-20 acres-256911
20-50 acres--1112
50-100 acres------
100+ acres----11
TOTAL038102332
📊 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 acres0 sold / 1 listed
2-5 acres1 sold / 0 listed
5-10 acres2 sold / 0 listed
10-20 acres6 sold / 1 listed
20-50 acres1 sold / 2 listed
100+ acres0 sold / 2 listed

Median Price by Acreage

$0$53K$105K
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$593K
Last 12 months
Active Listings
6
Current inventory
Avg Days on Market
175
Time to sell
Price Trend (YoY)
-
Year over year

Wetmore, Michigan Land Market Analysis

How much is land worth in Wetmore, Michigan?

The median price for land in Wetmore, Michigan is currently $3K per acre. For a typical parcel, the median sale price is $41K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $19K while premium lots reached $135K.

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

Wetmore, Michigan is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.

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

Wetmore, Michigan currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

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

Over the past 12 months, Wetmore, Michigan saw 10 properties sold, totaling $593K in sales volume. In just the last 3 months, 3 properties changed hands.

How long does it take to sell land in Wetmore, Michigan?

Land in Wetmore, Michigan typically sells within 175 days of listing. The median time on market is 25 days. Properties are moving slowly in the current balanced market.

What is the median land price in Wetmore, Michigan?

The median land price in Wetmore, Michigan stands at $41K. This translates to roughly $3K per acre for the typical parcel size. The average price is $59K, indicating some higher-priced properties pulling up the average.

What is the total land for sale in Wetmore, Michigan?

There are currently 6 active listings in Wetmore, Michigan. 5 new listings have hit the market in the last 90 days. The median asking price is $95K.

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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Michigan Counties

  • Alcona County, Michigan Land Stats
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Other Cities in Alger County

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  • Munising, Michigan Land Stats
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