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 $259,234. Farm sale prices in Michigan have a median of $164,697. The last 24 months of sales history has seen 3,477 sales, with 1,100 sales greater than $250,000, 82 sales valued at over $1,000,000, and 2 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 $292 $164
Median price/sqft $97 $101
Average sold price $909,005 $356,793
Median sold price $191,171 $164,697
Number of sales 245,794 3,477
Number of sales over $250k 104,002 1,100
Number of sales over $1m 27,079 82
Number of sales over $10m 2,840 2
Average total tax amount $2,455 $4,075
Average assessed value $126,049 $259,234
Average market value $191,003 $509,682

Michigan farm property averages

The average lot size of farms in Michigan is 1,742,400 sf. This is 17% above the United States average.

Property averages United States Michigan
Average lot size 2,908,436 sf 2,316,998 sf
Median lot size 1,464,807 sf 1,742,400 sf
Average building area 285 sf 112 sf
Median building area 64 sf 54 sf
Median year built 1976 1935
Average number of units 2 24
Median number of units -- 2

Michigan farm total supply

There are 124,705 farms in Michigan. This is 193% below the United States average. The total acerage is 3,316,048 acres and the aggregate building area for farms in Michigan is 426,459 sf.

Supply United States Michigan
Number of parcels 7,531,985 124,705
Aggregate lot acerage 238,866,254 3,316,048
Aggregate building area 138,661,182 sf 426,459 sf
Aggregate units 352,225 3,256

Michigan farm industrial mortgages

There are 39,250 mortgages for farms across Michigan in the Reonomy database. The average value of those mortgages is $1,522,004. This is 66% below the United States average.

Debt United States Michigan
Number of mortgages 2,716,705 39,250
Average value of mortgages $3,035,660 $1,522,004

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