Ontonagon County Land Prices: $1,750 Per Acre (2025 Analysis)
In Michigan, land prices can vary significantly from one county to another. On average, an acre of land in Michigan costs $28,883. However, if you're looking for the most affordable option, Ontonagon County stands out as the cheapest at $1,750 per acre.
In contrast, Miami-Dade County is the most expensive with an average price of $172,519 per acre. This report will guide you through the land market in Ontonagon County, including current listings, market demand, and appreciation trends.
Current Cheap Land Listings in Ontonagon County (Updated Mar 2025)
As of Mar 05, 2025, there are 36 active listings in Ontonagon County with the cheapest price per acre.
Here are some of the listings with the lowest price per acre:
Address | Price | Lot Size | Price Per Acre | Link |
---|---|---|---|---|
TBD Parcel G Off Big Bear And Old 28 Rd | $64,000 | 80.0 acres | $800 | View Listing |
TBD Parcel G Off Big Bear and Old 28 Rd | $64,000 | 80.0 acres | $800 | View Listing |
TBD Off Big Bear and Old 28 Rd | $524,800 | 656.0 acres | $800 | View Listing |
Additionally, here are the listings with the absolute lowest price:
Address | Price | Lot Size | Price Per Acre | Link |
---|---|---|---|---|
TBD1 Gorman Ave | $22,500 | 0.5 acres | $42,454 | View Listing |
TBD2 Cedar/Balsam St | $25,000 | 1.1 acres | $23,149 | View Listing |
TBD LP Walsh Rd | $30,000 | 8.5 acres | $3,509 | View Listing |
Market Demand Analysis for Ontonagon County
- Active Listings: 36
- Pending Sales: 5
- Sold (Last 12 months): 87
- Total Listings: 128
- Turnover Ratio: 241.7%
The turnover ratio (number of sold listings / number of active listings) in Ontonagon County is 242%, which is higher the state average of 140%. This indicates that land in Ontonagon County is more in demand compared to other parts of the state.
Relative to the number of parcels, land in Ontonagon County is more in demand than the state average of 0.31%. Here's a table showing the number of parcels, sold listings, and ratio for Ontonagon County and the top 3 counties:
County | Parcels | Sold Listings | Sold/Parcel Ratio |
---|---|---|---|
Ontonagon County | 13,691 | 87 | 0.64% |
Leelanau County | 25,053 | 176 | 0.70% |
Kalkaska County | 20,495 | 143 | 0.70% |
Keweenaw County | 4,772 | 33 | 0.69% |
Land Parcel Analysis
Relative to the number of parcels, land in Ontonagon County is more in demand than the state average of 0.31%. Here's how Ontonagon County's land market activity compares to the state average:
- Total Land Parcels in Ontonagon County: 13,691
- Percentage of Parcels Sold (Last 12 months): 0.64%
- State Average Percentage Sold: 0.31%
How Quickly Does Land Sell in Ontonagon County?
- Land in Ontonagon County sells faster than the state average.
- Median Days on Market in Ontonagon County: 122 days
- State Average: 148 days
This means that when land is listed for sale in Ontonagon County, it typically takes 122 days to find a buyer.
Best Land Brokers and Realtors in Ontonagon County
If you're looking for professional assistance in purchasing land, here are some of the top brokers and realtors in Ontonagon County who have sold the most land in Michigan over the last 12 months.
Broker | Phone | Transactions | Total Volume | Avg DOM |
---|---|---|---|---|
Michigan Whitetail Properties | 517-437-2946 | 45 | $11,458,400 | 105 days |
Howard Hanna Real Estate Services-Tecumseh | 517-424-4444 | 33 | $9,441,400 | 611 days |
Northern Michigan Land Brokers | 906-225-5263 | 79 | $9,242,300 | 171 days |
Coldwell Banker Schmidt Traverse City | 231-922-2350 | 34 | $8,781,325 | 158 days |
Bois Blanc Island Real Estate | 114 | $8,171,164 | 211 days | |
Whitetail Properties Real Estate, Llc | 231-330-4107 | 41 | $7,873,200 | 97 days |
The Mitten Real Estate Group | 231-421-1970 | 77 | $7,782,210 | 121 days |
Re/Max Of Grand Rapids (Fh) | 616-957-0700 | 31 | $7,529,000 | 100 days |
Wildlife Realty | 231-652-7000 | 46 | $7,215,467 | 100 days |
Remax Bayshore - Union St Tc | 231-941-4500 | 61 | $6,880,855 | 161 days |
Source
Data from this article comes from the LandScraper Platform.
The LandScraper Platform simplifies and automates the boring parts of land market research to help you find better markets, make better decisions - all while saving time and saving money.