Land and home values in Gratiot County, Michigan
Gratiot County (small town, Alma, MI) covers 568 square miles and 10 census tracts. Residential land is about $1.99 per sq ft at the county median, from $1.32 in its most rural tracts to $4.79 in its most valuable. The typical home is worth about $150,000 and a 2-bedroom rents for about $1,030 a month, as of October 12, 2026.
Open on the satellite mapAll of MichiganCounty values
| Land: residential | $1.99 | per sq ft |
| Land: residential | $86,510 | per acre |
| Land: quarter-acre lot | $21,628 | 10,890 sq ft |
| Land: farmland | $8,330 | per acre |
| Home: typical (median) | $150,000 | value |
| Home: entry-level | $97,500 | lower quartile |
| Home: upper-end | $245,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $790 | per month |
| Rent: 2-bedroom | $1,030 | per month |
| Rent: 3-bedroom | $1,330 | per month |
| Rent: 4-bedroom | $1,470 | per month |
| Gross yield, 2-bed | 8.2% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Small town | 3 | $2.00 | $144,000 | $975 |
| Rural | 6 | $1.99 | $187,000 | $1,030 |
| Farmland | 1 | $1.41 | $144,000 | $1,040 |
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.
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Perrinton | Town | $4.45 | $135,000 |
| Elm Hall | Community | $3.23 | $86,900 |
| Ashley | Town | $2.30 | $127,000 |
| Pine Villa Apartments | Subdivision | $2.26 | $114,000 |
| Scottish Pines Senior Apartments | Subdivision | $2.26 | $114,000 |
| Hunters Ridge | Subdivision | $2.26 | $114,000 |
| Highland Estates | Subdivision | $2.25 | $115,000 |
| Heather Lane Townhomes | Subdivision | $2.25 | $115,000 |
Questions people ask
How much is land worth in Gratiot County, MI?
Residential land in Gratiot County, MI is about $1.99 per square foot, or $86,510 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $21,628. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Gratiot County, MI?
The typical (median) home in Gratiot County, MI is worth about $150,000, with entry-level homes around $97,500 and upper-end homes around $245,000, as of October 2026.
How much is rent in Gratiot County, MI?
A 2-bedroom rents for about $1,030 a month in Gratiot County, MI, a 1-bedroom about $790 and a 3-bedroom about $1,330 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Gratiot County, MI?
Farmland averages about $8,330 an acre in Gratiot County, MI (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.