Grand Traverse County, MI
Land Market Insights and Pricing in Grand Traverse County, Michigan
On average, land listings in Grand Traverse County, MI have a lot size of 41 acres and are priced around $1,603,281. The median price per acre in Grand Traverse County, MI is $34,190.
Market Trends
Properties for Sale
651
Total Acreage for Sale
3,786 ac
Median Lot Size
21 ac
Average Lot Size
40.7 ac
Median List Price
$745,000
Average List Price
$1,603,281
Median Price Per Acre
$34,190 / ac
Total Price Reductions
1 property
Median Days on Market
173 days
Average Days on Market
7,645 days
Land for Sale in Grand Traverse County,
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About Grand Traverse County, MI
Grand Traverse County, Michigan, offers a diverse landscape for land buyers, characterized by its stunning shoreline along Lake Michigan's Grand Traverse Bay and numerous inland lakes, including the crystal-clear Torch Lake. The county's topography ranges from the picturesque Old Mission Peninsula, extending 17 miles into the bay, to the rolling hills and forests of the Pere Marquette State Forest. With three state parks and several rivers, including the Betsie and Boardman, the area provides ample opportunities for waterfront properties and outdoor recreation. The county's economic health is reflected in its low unemployment rate of 3.6% and median worker earnings of $41,203, slightly above the national average. Traverse City, the county's hub, anchors a region known for its natural beauty, thriving tourism, and growing healthcare sector, making Grand Traverse an attractive destination for both residential and investment land purchases.
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