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 $103,025. Farm sale prices in Michigan have a median of $155,950. The last 24 months of sales history has seen 188 sales, with 58 sales greater than $250,000, 4 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 $114.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $254 $149
Median price/sqft $134 $114
Average sold price $428,821 $206,858
Median sold price $160,218 $155,950
Number of sales 14,316 188
Number of sales over $250k 5,378 58
Number of sales over $1m 941 4
Number of sales over $10m 56 --
Average total tax amount $2,019 $2,441
Average assessed value $111,823 $103,025
Average market value $151,219 $173,782

Michigan farm property averages

The average lot size of farms in Michigan is 1,742,400 sf. This is 66% above the United States average.

Property averages United States Michigan
Average lot size 2,235,631 sf 2,908,320 sf
Median lot size 871,201 sf 1,742,400 sf
Average building area 199 sf 91 sf
Median building area 71 sf 53 sf
Median year built 1983 1954
Average number of units 6 53
Median number of units -- 8

Michigan farm total supply

There are 19,601 farms in Michigan. This is 189% below the United States average. The total acerage is 251,202 acres and the aggregate building area for farms in Michigan is 159,309 sf.

Supply United States Michigan
Number of parcels 756,948 19,601
Aggregate lot acerage 7,675,979 251,202
Aggregate building area 8,991,028 sf 159,309 sf
Aggregate units 43,720 319

Michigan farm industrial mortgages

There are 163 mortgages for farms across Michigan in the Reonomy database. The average value of those mortgages is $731,140. This is 6% above the United States average.

Debt United States Michigan
Number of mortgages 17,327 163
Average value of mortgages $688,384 $731,140

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