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Cheapest Land in Michigan: Why Ontonagon County Offers the Best Price Per Acre (2025 Data)

Find the cheapest land in Michigan per acre. Explore why Ontonagon County offers unbeatable prices with updated 2025 data and current listings.
Cheapest Land in Michigan: Why Ontonagon County Offers the Best Price Per Acre (2025 Data)

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.

Price comparison chart

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.

Turnover ratio chart

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.

Days on Market comparison

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.

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