New - 5 days on Rocket
$10,000 Closing Credit¹
Joel Peterson, Listing Office: J. Peterson Realty LLC
Leland Township Housing Market Report December 2024•Leelanau County, Michigan
Housing Prices in Leland Township, MI
How much do homes in Leland Township, MI cost?
Housing Market Conditions
Is Leland Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Leland Township is a Seller's Market
Difference Since November 2024
Last month, Leland Township has remained a Seller's Market.
Insight
Leland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$670,000$492/SqFt
-$205,000
-23.4%
Based on all homes sold in December 2024
Insight
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 City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Leland | $875K | $670K | -23.4% |
| Leland Township | $875K | $670K | -23.4% |
| Centerville Township | $494K | $352K | -28.7% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $500K | $670K | +34.0% |
| 33 Bedrooms | - | $625K | N/A |
| 44 Bedrooms | $1.2M | - | N/A |
| 55+ Bedrooms | - | $1.2M | N/A |
Summary: Leland Township housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +34.0%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Leland Township, MI
How many homes are available in Leland Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthDec 2024 | ||
| 102 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Leland Township real estate market had 10 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthDec 2024 | ||
| 22 months agoNov 2024 | +50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 2 | 2 | 0.0% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 3 | 4 | +33.3% |
Summary: Leland Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in Leland Township, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
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 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?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
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.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 93 DaysLast MonthDec 2024 | ||
| 72 Days1 month agoNov 2024 | +29.6 % Change MoMNov – Dec |
Summary: Homes in Leland Township had an average listing age of 93 days in Dec 2024, up by 29.6% compared to the previous month.
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Newest Listings in Leland Township, MI
What homes are available in Leland Township, MI?
New - 6 days on Rocket
$5,641 Closing Credit¹
Joe Campo, Listing Office: Schaub Team Premier Realty
Melanie Schaub, Listing Office: Schaub Team Premier Realty
Drew Warner, Listing Office: Key Realty One-TC
Carolyn Telgard, Listing Office: Coldwell Banker Schmidt-Leland
Carolyn Telgard, Listing Office: Coldwell Banker Schmidt-Leland
$10,000 Closing Credit¹
Joel Peterson, Listing Office: J. Peterson Realty LLC
Joel Peterson, Listing Office: J. Peterson Realty
$10,000 Closing Credit¹
Corey Flaska, Listing Office: Leelanau Realty Group
$10,000 Closing Credit¹
Zach Mikowski, Listing Office: Keller Williams Northern Michi
$9,488 Closing Credit¹
Kyle Jean, Listing Office: EXIT Realty Paramount
$10,000 Closing Credit¹
Joel Peterson, Listing Office: J. Peterson Realty
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MLS Disclaimers and Copyright
Based on information from Northern Great Lakes Realtors MLS, and RealComp II Ltd. for the period 11/01/2024 - 01/01/2025
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.