Leelanau County, MI Housing Market Brief
county · MI · as of July 2026
What is Leelanau County, MI’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Leelanau County, MI in its market cycle?
Leelanau County, MI is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Leelanau County, MI?
Our model forecasts Leelanau County, MI’s home prices to hold flat over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Leelanau County, MI housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $615K | ▲ +3.8% |
| Median Days on Market | 32 days | ▼ -15.8% |
| Months of Supply | 6.5 | ▲ +8.3% |
| Homes for Sale | 201 | ▲ +5.2% |
| Homes Sold | 31 | ▼ -3.1% |
| Median Price / Sq Ft | $378 | ▲ +18% |
How has Leelanau County, MI’s Alpha Score moved?
Markets like Leelanau County, MI
Frequently asked questions
Is Leelanau County, MI a buyer's or seller's market?
As of July 2026, Leelanau County, MI is classified as a Buyer's Market, based on its Alpha Score of 37 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Leelanau County, MI?
The median sale price in Leelanau County, MI is $615K, having risen 3.8% over the past year.
How affordable is Leelanau County, MI?
Leelanau County, MI scores 10 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Leelanau County, MI's Alpha Score?
Leelanau County, MI's strongest dimension is Price Momentum (73/100) and its weakest is Affordability (10/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Leelanau County, MI? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.