Housing Prices in Leonard, MI

How much do homes in Leonard, MI cost?

Median List Price

$471,750

$224/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$22,250(+4.9%)

Key Takeaway

The list price of homes in Leonard has increased by 4.9% since last year.

Summary: The median home list price in Leonard was $471,750 in March 2024, up 4.9% from the previous year, and the median price per square foot was $224.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $449K$431.9K
-3.8%
3 $302.2K$449.9K
+48.9%
4 $722.5K$597K
-17.4%
5+ $745K$510K
-31.5%

Summary: Leonard housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 48.9%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 31.5%.

Median List Price Compared To Nearby Cities

Addison Township
+9.7%
Leonard
+4.9%

Housing Supply in Leonard, MI

How many homes are available in Leonard, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
610+66.7%

Summary: The Leonard real estate market had 10 homes for sale in March 2024, a 66.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 24
+100.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Leonard housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Days on Market for Leonard, MI

How long does it take to sell a home in Leonard, MI?

Average Listing Age

Mar 2023Mar 2024CHANGE
194 Days92 Days-52.3%

Summary: Homes in Leonard had an average listing age of 92 days in Mar 2024, down by 52.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Leonard, MI

Nearby Markets to Leonard, MI

What housing markets are near Leonard, MI?