Housing Prices in Leland, MI
How much do homes in Leland, MI cost?
Median List Price
$995,000
$600/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Leland has increased by 17.2% since last year.
Summary: The median home list price in Leland was $995,000 in April 2024, up 17.2% from the previous year, and the median price per square foot was $600.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $880K | - | N/A |
| 2 Bedrooms | $844K | $1.2M | +53.4% |
| 3 Bedrooms | $772K | $745K | -3.5% |
| 4 Bedrooms | $529K | $1.8M | +244.5% |
| 5+ Bedrooms | $995K | $2.2M | +121.1% |
Summary: Leland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.4%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 244.5%, and 5+ bedroom homes increased by 121.1%.
Median List Price Compared To Nearby Cities
| Lake Leelanau | $1.0M | $1.2M | +19.5% |
| Leland | $849K | $995K | +17.2% |
| Leland Township | $849K | $995K | +17.2% |
| Leelanau Township | $787.2K | $749K | -4.9% |
Housing Supply in Leland, MI
How many homes are available in Leland, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The Leland real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Leland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Leland, MI
How long does it take to sell a home in Leland, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 267 Days | 44 Days | -83.3% |
Summary: Homes in Leland had an average listing age of 44 days in Apr 2024, down by 83.3% compared to the previous year.
