From working with Michigan landowners, I have seen most delays come from missing paperwork. Buyers usually ask for a recent survey, proof that property taxes are current, and zoning information. When these are ready before listing, closing moves faster and with fewer surprises.
I have also seen wide differences in land prices across the state. National USDA data shows cropland averaging about $5,830 per acre in 2025. In practice, parcels near Ann Arbor or Detroit can sell above $15,000 per acre, while rural Upper Peninsula tracts may sell closer to $2,000 to $3,000 per acre. This is why checking local sales and preparing documents early makes a real difference for Michigan sellers. See USDA Land Values 2025.
Many buyers finish purchases before December 31 for tax planning. Farmers and builders buy in winter to prepare for spring. Fewer listings in the holidays can help your land stand out.
USDA reports national averages for land in 2025. Michigan values vary widely by county, soil, and location. See USDA Land Values 2025.
Category | 2025 USDA U.S. average | Notes for Michigan |
Farm real estate | $4,350/acre | Lower in UP and rural counties, higher near metro areas |
Cropland | $5,830/acre | Stronger in central and southern MI, weaker in UP |
Pastureland | $1,760/acre | Michigan up about 4.4% year-over-year |
Local sales may be much higher near Ann Arbor, Grand Rapids, or waterfront parcels, and much lower in northern or Upper Peninsula counties. Check county property records for local sales data.
Realtors give MLS access and handle marketing and contracts. They charge a commission. Selling yourself saves that fee but you manage the work. Cash buyers can close fast but usually offer less than the open market.
For market context, see USDA Land Values 2025.
See Register of Deeds directory for county deed offices and state plat records search.
777 Brickell Ave, Suite 500-99620, Miami, FL 33131
Get a certified copy from your county office. Use the Register of Deeds directory to find contact details.
No. Most buyers prefer one. It builds trust and helps closing
If you sell for more than you paid, you may owe federal capital gains and Michigan state income tax. For 2025, Michigan’s individual income tax rate is 4.25% per Michigan Treasury. See IRS capital gains for federal rules.
Yes. Balances are paid from your sale proceeds at closing.
Yes. Title must be in your name before selling. Many estates use probate to transfer ownership.
See Michigan Legal Help probate overview. Your local court may have forms and guides.
Yes. You can hire a Michigan agent or give power of attorney to a trusted person. Title companies handle most steps remotely.
Yes. FSBO is allowed.
Many buyers pay cash. Some use land loans from banks or credit unions. Financing is more common for residential lots than large rural tracts.
Sell to a cash buyer or investor group. They can close in 2–3 weeks because they do not rely on bank loans. You trade speed for a lower price.
777 Brickell Ave, Suite 500-99620, Miami, FL 33131
Yes. Common issues are wetlands, easements, flood zones, or zoning limits. Disclose problems early and price accordingly.
Yes. Taxes are paid from sale proceeds at closing. See property tax resources.
Usually split between buyer and seller. Terms can be negotiated.
Not required. Parcels with water or power often sell faster.
Yes, usually for family or estate planning. See IRS guidance on gifts.
This approach helps you sell faster, avoid problems, and get the best outcome.