How much is an acre of land in northern Michigan?

In the Upper and Northern Lower Peninsula tiled and non-tiled field crop land averaged $2,443 and $2,219 per acre, respectively. With respect to land rental rates, tiled field cropland averages $165 per acre in cash rent.

How much is land per acre in Michigan?

The average value of cropland in the U.S. increased $50 from 2018 to $4,100 per acre. Michigan’s cropland cash rent was $127 per acre in 2019, up $4 from the previous year. Cropland cash rents in the Lake States remained unchanged from last year at $153 per acre.

How expensive is land in Michigan?

With tens of thousands of properties and rural land for sale in the state, LandWatch features a combined 280,099 acres of land for sale in Michigan. The average price of land listings and ranches for sale in Michigan is $292,611.

Why is land cheap in Michigan?

Simply because of less demand. The Upper Peninsula has 29% of Michigan’s land but only 3% of its people. Lower demand with a fixed supply means lower land prices. Many people do not want to live in the UP because it has little economy, few jobs and very harsh winters.

How much does farmland rent for per acre per month in Michigan?

For the state of Michigan, the average land rent price according to these surveys was $127 per acre in 2019. Non-irrigated farms averaged $120 while irrigated lands were upwards of $220 per acre.

Should I buy land in Michigan?

Buying Land in Michigan. Now is an excellent time to purchase land in Michigan. There has not been a period in our lifetimes better to purchase hunting land or to buy farm land. Property values have dropped significantly over the past few years and land loan rates are also very attractive.

How big is hunting land in Northern Michigan?

80 acres of prime hunting land with ponds and adjoining fields. This tract features insurable access and electric available at the county road. Several nice building sites for a cabin in the woods or overlooking a pond with plenty of high ground for food plots.

Where is vacant land in Northern Michigan for sale?

Nicely wooded 97×193 lot on W School Road available for building. Property is only a few minutes from Higgins, Houghton, and Marl Lake and close to the Markey Township Pa… Courtesy of Lori Sajdak from Century 21 Northland Higgins Lake. STORAGE! STORAGE! STORAGE! Great opportunity for you to own your own condo garage in Houghton Lake.

What kind of forest is in Northern Michigan?

The forest is a mix of upland northern hardwood forest, conifers and lowland. Enjoy a true ‘off the grid’ wilderness experience. A wide variety of wildlife will frequent this type of property. You are adjacent to thousands of acres of CFA lands as well as St …

How big is the vacant land in Gaylord Michigan?

DONT OVER LOOK THIS FINISHER UPPER. 2 lovely lots with a 840 sq ft frame construction, unfinished home on a 722 sq ft cinder block basement. 20 x 20 Garage and shed. Add… Courtesy of Therese (Teri ) Vuke from Berkshire Hathaway Homeservices Indian River. Beautiful 10 acre parcel outside of Gaylord.

How much land is for sale in Michigan?

Internal data from LandWatch lists over $1 billion of rural land listings for sale in the Northwest region of Michigan. With thousands of properties and rural land for sale in the area, this covers more than 32,000 acres of land for sale.

Where is Northland Houghton Lake in Northern Michigan?

Courtesy of Bethanne Masse from Century 21 Northland Houghton Lake. COMMERCIAL ACREAGE – 11.67 acres near exit 244 on I-75. Property adjoins I-75 for great visibility and has significant road frontage on a busy county road! Many possible… Courtesy of Dale McDonald from Re/Max Of Higgins Lake.