February 3, 2026
How to Assess Michigan’s Land Market in 2026
Michigan’s land market spans a wide range of property types and price points, shaped by the state’s varied geography, regional demand, and local economic conditions. From recreational tracts in the Upper Peninsula to development-ready parcels near growing communities and lakefront areas, values can differ significantly depending on access, utilities, zoning, and nearby amenities. Evaluating comparable sales, land use restrictions, and long-term costs such as taxes and site preparation helps buyers better assess opportunities and avoid surprises when purchasing vacant land in Michigan.
