Lake Leelanau, MI Real Estate Market Summary – September 8, 2026

In Lake Leelanau, MI, the real estate market has experienced a total of 3 homes sold in the last 30 days. The overall average sale price was $1,738,000, with a median sale price of $849,000.

Metric 30 Days
Number Sold 3
Sold Per Day 1 every 10.00 days
Average SQFT 2941
Median Sales Price $849,000
Average Sales Price $1,738,000
Average Price Per SQFT $575
Average Days on Market 20
Average Year Built 1992

 

Lake Leelanau, MI Single Family Home Analysis

The single-family home segment saw the same total of 3 homes sold, matching the overall figures with an average living area of 2,941 square feet and a median living area of 3,359 square feet. The average days on market was approximately 20 days.

Metric 30 Days
Number Sold 3
Sold Per Day 1 every 10.00 days
Average SQFT 2941
Median Sales Price $849,000
Average Sales Price $1,738,000
Average Price Per SQFT $575
Average Days on Market 20
Average Year Built 1992

 

Lake Leelanau, MI Condo & Townhome Analysis

There is no market data available for that home type at this time.

 

Buyer & Seller Analysis

  • Home sales occurred at a pace of 1 every 10.00 days.
  • Homes spent an average of about 20 days on the market before selling.
  • The average sale price for homes was $1,738,000, and the median was $849,000.
  • No condo or townhome properties were sold in the last 30 days.

Conclusion

Overall, Lake Leelanau’s market is demonstrating consistent activity in single-family properties while there have been no transactions in the condo and townhome category. Buyers and sellers alike should consider these dynamics when navigating the market.

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