Farm in Michigan

Search farm records in Michigan to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Michigan commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Michigan

Reonomy operates the most comprehensive database for Michigan Farm and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Michigan commercial real estate professionals. Members from Michigan include brokers, investors and service providers, many of whom specialize in Michigan Farm.

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Michigan farm sold prices and values

The average assessed value of farms in Michigan is $145,625. Farm sale prices in Michigan have a median of $159,950. The last 24 months of sales history has seen 3,509 sales, with 1,081 sales greater than $250,000, 78 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of farms in Michigan over the last 24 months is $101.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $283 $156
Median price/sqft $96 $101
Average sold price $952,976 $236,697
Median sold price $198,759 $159,950
Number of sales 243,669 3,509
Number of sales over $250k 105,420 1,081
Number of sales over $1m 28,724 78
Number of sales over $10m 3,342 --
Average total tax amount $2,380 $1,661
Average assessed value $122,835 $145,625
Average market value $165,993 $291,089

Michigan farm property averages

The average lot size of farms in Michigan is 1,742,400 sf. This is 16% above the United States average.

Property averages United States Michigan
Average lot size 2,910,338 sf 2,329,608 sf
Median lot size 1,474,165 sf 1,742,400 sf
Average building area 282 sf 103 sf
Median building area 63 sf 45 sf
Median year built 1976 1934
Average number of units 2 25
Median number of units -- 2

Michigan farm total supply

There are 122,780 farms in Michigan. This is 193% below the United States average. The total acerage is 3,236,783 acres and the aggregate building area for farms in Michigan is 333,872 sf.

Supply United States Michigan
Number of parcels 7,547,558 122,780
Aggregate lot acerage 236,355,518 3,236,783
Aggregate building area 133,264,333 sf 333,872 sf
Aggregate units 348,234 3,202

Michigan farm industrial mortgages

There are 35,299 mortgages for farms across Michigan in the Reonomy database. The average value of those mortgages is $1,587,604. This is 63% below the United States average.

Debt United States Michigan
Number of mortgages 2,600,568 35,299
Average value of mortgages $3,048,264 $1,587,604

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