Is Leslie, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leslie is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Leslie was a Seller's Market.

Key Takeaway

Leslie is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Leslie, MI

How much do homes in Leslie, MI cost?

Median Sold Price

$199,900

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,050(+2.6%)

Key Takeaway

Homes in Leslie have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Leslie was $199,900 in March 2024, up 2.6% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $68.7K$107K
+55.6%
2 $121.2K$137.5K
+13.4%
3 $190K$195K
+2.6%
4 $275K$232.5K
-15.5%
5+ $136K$319.9K
+135.2%

Summary: Leslie housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.6%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes increased by 135.2%.

Median Sold Price Compared To Nearby Cities

Leslie
+2.6%
Leslie Township
-6.6%

Housing Supply in Leslie, MI

How many homes are available in Leslie, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
912+33.3%

Summary: The Leslie real estate market had 12 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 79
+28.6%
4 11
0.0%
5+ 01
+100.0%

Summary: The Leslie housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leslie, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Leslie in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Leslie, MI

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

Average Sale Time

Mar 2023Mar 2024CHANGE
45 Days2 Days-95.6%

Summary: Homes in Leslie had an average of 2 days on market in Mar 2024, down by 95.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Leslie are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Leslie; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in Leslie, MI

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