Apr '25 (edited) • General discussion
🔥 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.
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🔥 Allegan County, MI Is Hot for 10–20 Acre Properties! | 04.08.25
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