$185,000
0.20 Acres
Land
Carolyn Telgard, Listing Office: Coldwell Banker Schmidt-Leland
Is Leland Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Leland Township has remained a Seller's Market.
Key Takeaway
Leland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leland Township, MI
How much do homes in Leland Township, MI cost?
Median Sold Price
$670,000
$492/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$205,000(-23.4%)
Key Takeaway
Homes in Leland Township have sold for 23.4% less than they did a month ago.
Summary: The median home sold price in Leland Township was $670,000 in December 2024, down 23.4% from last month, and the median price per square foot was $492.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $500K | $670K | +34.0% |
| 3 Bedrooms | - | $625K | N/A |
| 4 Bedrooms | $1.2M | - | N/A |
| 5+ Bedrooms | - | $1.2M | N/A |
Summary: Leland Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Leland Township | $875K | $670K | -23.4% |
| Leland | $875K | $670K | -23.4% |
| Centerville Township | $494K | $352K | -28.7% |
Housing Supply in Leland Township, MI
How many homes are available in Leland Township, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Leland Township real estate market had 10 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Leland Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leland Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Leland Township in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Leland Township, MI
How long does it take to sell a home in Leland Township, MI?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 72 Days | 93 Days | +29.6% |
Summary: Homes in Leland Township had an average of 93 days on market in Dec 2024, up by 29.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Leland Township has remained consistent over time.
Summary: During December 2024, 3 homes were sold in Leland Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
