Alger County, MI

Land Market Insights and Pricing in Alger County, Michigan

On average, land listings in Alger County, MI have a lot size of 114 acres and are priced around $631,304. The median price per acre in Alger County, MI is $3,250.
Market Trends
Properties for Sale
76
Total Acreage for Sale
4,447 ac
Median Lot Size
73 ac
Average Lot Size
114 ac
Median List Price
$245,000
Average List Price
$631,304
Median Price Per Acre
$3,250 / ac
Total Price Reductions
Median Days on Market
156 days
Average Days on Market
3,238 days

Land for Sale in Alger County,

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About Alger County, MI
Alger County, Michigan, offers a captivating blend of natural beauty and rural charm. Dominated by the Hiawatha National Forest and featuring the stunning Pictured Rocks National Lakeshore along Lake Superior, this vast county boasts 915 square miles of land and 4,133 square miles of water. The terrain is largely flat to gently rolling, with dramatic coastal cliffs and beaches. Outdoor enthusiasts will find ample opportunities for recreation in the Grand Island National Recreation Area and numerous lakes and streams. While the economy has ties to the lumber industry, it now relies heavily on tourism and outdoor recreation. With a median home price of $165,700, Alger County presents affordable land options. However, potential buyers should note the higher unemployment rate of 6.3% and lower labor force participation of 40.6% compared to national averages.

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.