🔥 Allegan County, MI Is Hot for 10–20 Acre Properties! | 04.08.25
📍 Market Snapshot (10–20 Acre Parcels) 🟢 Active Listings: 14🟡 Pending Sales: 6📊 Pending Sell-Through Rate (STR): 43% 🏁 Sold Activity - ✅ Last 3 Months: 5 - 🕕 Last 6 Months: 13 - 📅 Last 12 Months: 30 🕰️ Average Days on Market (DOM): - ⏱️ 1-Year Avg: 177 days 💰 Price Per Acre (PPA) Insights - 📈 Median Pending PPA: $24,975 - 💸 Median Active PPA: $14,838 - 📉 6-Month PPA Range: $4,808 – $30,000 📈 Sell-Through Rates (STR): - 📊 3-Month STR: 36% - 🚀 6-Month STR: 93% - 🔥 1-Year STR: 214% 💡 Investor Insights - 🔥 214% 1-Year STR = Land is moving fast over time! - 💰 Pending deals are pricing higher than current active listings — suggests room for appreciation or margin. - ⌛ 177 days avg DOM = Not a quick flip market, but strong turnover for the right price. - 📊 Wide PPA spread ($4.8K–$30K) = Opportunity to buy low, subdivide, and resell high. - Perfect for those looking to split and flip 10–20 acre lots in a steady market.