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Featured local agent — Leland, MI
Sarah Mitchell
Compass Real Estate · Leland, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Leland, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$800,000median sale price
How is the Leland, MI housing market right now?
The median home sale price in Leland, MI is $800,000. Homes sell in an average of 384 days with 3 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Leland a buyer's or seller's market?
Leland, MI is currently a leaning buyer's, based on 3.0 months of supply and homes selling in about 384 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
384
Average pace
Active listings
3
3.0 months supply
Sale-to-list
94.2%
Below asking
What does the Leland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $800,000 |
| Median list price | $1.70M |
| Average days on market | 384 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 94.2% |
| Median price per sq ft | $599/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Leland by property type?
How the Leland, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $800,000 | $599/sq ft | 1 | 384 days |
| Condo / Co-op | $920,000 | $617/sq ft | 2 | — |
Source: Redfin · Updated monthly
The Leland housing market is currently classified as a leaning buyer's with a median sale price of $800,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 384 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.9x provides context for how home values compare to local earning capacity.
Homes for sale in Leland
There are currently 3 homes listed for sale in Leland, Michigan. The median listing price is $1.7M.
Active listings
3
Homes on market
Median list price
$1.7M
Avg. days on market
384
Days until sale
New this week
3
Newly listed
Who lives in Leland?
Population
393
Median income
$114,250/yr
Median age
63.2 years
Owner-occupied
84.2%
College grads
55.9%
Avg commute
24.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Leland?
Zillow home value
$1.25M
Price-to-income
10.9x
Source: Zillow Research
What is it like to live in Leland?
Leland is a community of approximately 0K residents with a median age of 63.2 years.The median household income is $114,250, which reflects a relatively affluent area with strong earning potential. 55.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Leland offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Leland?
1 schools tracked · 433 students
The largest public schools serving Leland, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Leland Public School
Grades PK-12 · 433 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Leland, MI?
Want a head-to-head view? Compare Leland side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Leland?
The median home sale price in Leland is $800,000, down 0.0% from last year.
How long do homes stay on market in Leland?
Homes typically spend 384 days on market before going under contract.
What is the median income in Leland?
The median household income is $114,250 per year.
Is Leland a buyer's or seller's market?
With 3.0 months of supply, Leland is currently a leaning buyer's.
What is the Zillow home value estimate for Leland?
The Zillow Home Value Index (ZHVI) for Leland is $1.25M, representing the typical home value in the area.
What is the median condo price in Leland?
The median condo/co-op sale price in Leland, MI is $920,000, compared to $800,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Leland?
The median single-family home price in Leland, MI is $800,000 (about $599 per square foot).
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