$699,000
0.63 Acres
Land
Carolyn Telgard, Listing Office: Coldwell Banker Schmidt-Leland
Housing Prices in Leland, MI
How much do homes in Leland, MI cost?
Median List Price
$1,345,000
$550/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$496,000(+58.4%)
Key Takeaway
The list price of homes in Leland has increased by 58.4% since last year.
Summary: The median home list price in Leland was $1,345,000 in October 2024, up 58.4% from the previous year, and the median price per square foot was $550.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $897K | $720K | -19.7% |
| 3 Bedrooms | $795K | $638K | -19.7% |
| 4 Bedrooms | $2.1M | $1.8M | -12.8% |
| 5+ Bedrooms | $995K | $1.5M | +59.8% |
Summary: Leland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.7%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 59.8%.
Median List Price Compared To Nearby Cities
| Leland | $849K | $1.3M | +58.4% |
| Leland Township | $1.0M | $1.2M | +9.4% |
| Glen Arbor Township | $1.0M | $1.1M | +7.2% |
| Leelanau Township | $785K | $785K | 0.0% |
| Lake Leelanau | $1.3M | $1.1M | -11.3% |
Housing Supply in Leland, MI
How many homes are available in Leland, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Leland real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Leland housing inventory by bedroom type for October 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 remained the same.
Days on Market for Leland, MI
How long does it take to sell a home in Leland, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 170 Days | 71 Days | -57.9% |
Summary: Homes in Leland had an average listing age of 71 days in Oct 2024, down by 57.9% compared to the previous year.
