Buildocrat US Land Value Book

Land and home values in Michigan

Across Michigan's 83 counties, residential land is about $5.50 per sq ft at the state median ($239,624 an acre). The typical home is worth about $252,000 and a 2-bedroom rents for about $1,300 a month. Largest city: Detroit; capital: Lansing. Values as of October 12, 2026.

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State values

Land: residential$5.50per sq ft
Land: residential$239,624per acre
Land: quarter-acre lot$59,90610,890 sq ft
Land: farmland$7,000per acre
Home: typical (median)$252,000value
Home: entry-level$179,000lower quartile
Home: upper-end$346,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$1,040per month
Rent: 2-bedroom$1,300per month
Rent: 3-bedroom$1,620per month
Rent: 4-bedroom$1,790per month
Gross yield, 2-bed6.2%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Top tier209$13.30$537,000$1,640
Upper568$8.80$388,000$1,500
Mid791$5.69$267,000$1,370
Entry799$2.57$141,000$1,240
Small town130$3.54$189,000$1,040
Rural448$6.77$210,000$1,070
Farmland72$3.74$191,000$990

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Every county

CountySettingLand $/sq ftPer acreTypical homeRent 2-bed
Antrim CountyRural$35.70$1.56M$326,000$1,140
Leelanau CountySuburban$24.90$1.08M$507,000$1,450
Cheboygan CountyRural$23.90$1.04M$279,000$1,100
Emmet CountySmall town$21.30$927,828$422,000$1,240
Charlevoix CountyRural$15.80$688,248$354,000$1,130
Benzie CountySuburban$15.50$675,180$375,000$1,220
Cass CountyMetro core$13.00$566,280$237,000$1,100
Roscommon CountyRural$13.00$566,280$226,000$1,020
Presque Isle CountyRural$12.30$535,788$211,000$970
Keweenaw CountySmall town$12.10$527,076$197,000$940
Lake CountyRural$11.80$514,008$141,000$800
Alcona CountyRural$10.80$470,448$201,000$1,020
Missaukee CountySmall town$10.60$461,736$202,000$1,040
Washtenaw CountyMetro core$10.10$439,956$440,000$1,810
Oakland CountyMetro core$9.96$433,683$379,000$1,640
Van Buren CountyRural$8.99$391,779$232,000$1,040
Oceana CountyRural$8.79$382,805$199,000$1,000
Grand Traverse CountyMetro core$8.76$381,498$392,000$1,360
Livingston CountySuburban$8.55$372,351$408,000$1,540
Branch CountySmall town$8.40$365,860$184,000$955
Gladwin CountyRural$8.34$363,160$191,000$1,090
Clare CountyRural$8.21$357,802$161,000$965
Ottawa CountySuburban$8.15$355,014$356,000$1,540
Barry CountySuburban$8.11$353,097$277,000$1,240
Hillsdale CountySmall town$8.06$351,006$203,000$1,020
Mackinac CountyRural$8.05$350,789$208,000$1,080
Newaygo CountyRural$7.94$345,866$211,000$1,060
Mecosta CountySmall town$7.09$308,928$207,000$960
Allegan CountySmall town$7.07$307,882$299,000$1,330
Kent CountyMetro core$6.69$291,329$323,000$1,570
Kalkaska CountySuburban$6.50$283,053$210,000$1,120
Macomb CountyMetro core$6.46$281,485$269,000$1,460
Iosco CountyRural$6.41$279,176$185,000$970
Montcalm CountySuburban$6.27$273,078$208,000$1,240
Ogemaw CountyRural$5.90$257,135$196,000$985
Houghton CountySmall town$5.79$252,038$253,000$1,080
Arenac CountyRural$5.58$243,065$167,000$960
Montmorency CountyRural$5.51$240,016$178,000$985
St. Clair CountySuburban$5.39$234,614$258,000$1,220
Marquette CountySmall town$5.30$230,781$280,000$1,120
Alger CountyRural$5.21$227,122$226,000$1,060
Berrien CountyMetro core$5.17$225,249$267,000$1,190
Mason CountySmall town$5.11$222,635$217,000$1,130
Midland CountyMetro core$5.02$218,802$227,000$1,190
Ionia CountySuburban$4.92$214,272$231,000$1,280
Kalamazoo CountyMetro core$4.77$207,738$276,000$1,160
St. Joseph CountySmall town$4.72$205,647$216,000$1,000
Huron CountyRural$4.71$205,255$183,000$990
Otsego CountyRural$4.70$204,906$266,000$1,140
Clinton CountyMetro core$4.62$201,421$298,000$1,290
Crawford CountyRural$4.59$199,940$183,000$1,050
Manistee CountyRural$4.45$193,798$217,000$1,100
Wexford CountySmall town$4.45$193,668$203,000$1,050
Muskegon CountyMetro core$4.43$193,101$234,000$1,280
Lapeer CountySuburban$4.33$188,745$274,000$1,280
Osceola CountyRural$4.22$183,867$178,000$980
Chippewa CountySmall town$4.22$183,823$200,000$1,090
Jackson CountyMetro core$4.20$182,952$239,000$1,220
Sanilac CountyRural$4.20$182,865$191,000$1,050
Isabella CountySmall town$3.98$173,412$191,000$1,020
Monroe CountyMetro core$3.96$172,541$284,000$1,360
Eaton CountyMetro core$3.87$168,534$264,000$1,220
Ingham CountyMetro core$3.77$164,003$235,000$1,300
Wayne CountyMetro core$3.76$163,655$191,000$1,340
Calhoun CountyMetro core$3.27$142,398$187,000$1,140
Lenawee CountySmall town$3.24$141,134$213,000$1,220
Iron CountyRural$2.98$129,635$109,000$1,100
Bay CountyMetro core$2.81$122,534$191,000$1,020
Delta CountySmall town$2.56$111,296$211,000$1,040
Genesee CountyMetro core$2.55$111,034$197,000$1,080
Baraga CountyRural$2.49$108,552$154,000$970
Tuscola CountyRural$2.40$104,631$181,000$1,080
Shiawassee CountySmall town$2.30$100,014$209,000$1,070
Schoolcraft CountyRural$2.24$97,400$216,000$935
Dickinson CountySmall town$2.17$94,438$179,000$995
Gratiot CountySmall town$1.99$86,510$150,000$1,030
Oscoda CountyRural$1.95$85,116$143,000$990
Saginaw CountyMetro core$1.88$81,980$180,000$1,150
Luce CountyRural$1.87$81,544$216,000$1,040
Menominee CountySmall town$1.85$80,412$182,000$1,030
Alpena CountySmall town$1.77$77,188$188,000$1,060
Ontonagon CountyRural$1.36$59,154$111,000$950
Gogebic CountyRural$1.26$54,842$105,000$970

Questions people ask

How much is land worth in Michigan?

Residential land in Michigan is about $5.50 per square foot, or $239,624 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $59,906. Smaller lots sell for more per square foot and large tracts for less.

Where is land most expensive in Michigan?

The highest county medians for residential land are Antrim County ($35.70 per sq ft), Leelanau County ($24.90 per sq ft), Cheboygan County ($23.90 per sq ft), Emmet County ($21.30 per sq ft).

Where is land cheapest in Michigan?

The lowest county medians are Gogebic County ($1.26 per sq ft), Ontonagon County ($1.36 per sq ft), Alpena County ($1.77 per sq ft), Menominee County ($1.85 per sq ft); farmland and remote acreage are cheaper still.

What is the typical home value in Michigan?

The typical (median) home in Michigan is worth about $252,000, with entry-level homes around $179,000 and upper-end homes around $346,000, as of October 2026.

How much is rent in Michigan?

A 2-bedroom rents for about $1,300 a month in Michigan, a 1-bedroom about $1,040 and a 3-bedroom about $1,620 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Michigan?

Farmland averages about $7,000 an acre in Michigan (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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