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LEONARD, MI 48367

Real Estate Market Report  ·  Oakland County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
20
⇧ 17.6% vs 17 last year
Pending
6
30% pending ratio
Median Price
$744,900
⇧ 35.4% vs $550,000 last year
Average Price
$935,780
⇧ 15.5% vs $810,254 last year
Days on Market
93
⇩ 10.6% vs 104 days last year

Market Context

Population: 4,482  ·  Density: 73.8/mi²  ·  Median household income: $103,552

Typical home value: $378,382  ·  Homeownership: 94.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LEONARD, MI real estate market (48367) currently shows 20 active listings, with 6 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 93 days on market compared to 104 days last year.

The median listing price has risen 35.4% year-over-year, from $550,000 to $744,900.

Whether you are buying or selling in LEONARD, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 17 last year
  • Days on market: 93 now vs 104 last year

Median & Average Pricing

Year over Year
  • Median: $744,900 (+35.4% YoY)
  • Average: $935,780 (+15.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.3 miles — 382 listings ($243,177,709 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48367Leonard, MI 483670.0 mi20$18,715,600$744,900$935,780
48363Oakland, MI 483635.0 mi22$33,911,702$1,540,000$1,541,441
48428Dryden, MI 484286.6 mi10$6,621,000$574,950$662,100
48371Oxford, MI 483717.4 mi47$29,340,220$489,900$624,260
48003Almont, MI 480038.0 mi27$14,717,538$519,495$545,094
48094Washington, MI 480949.1 mi40$33,067,560$712,900$826,689
48455Metamora, MI 4845510.1 mi33$22,703,373$589,900$687,981
48005Armada, MI 4800511.1 mi16$8,558,064$549,900$534,879
48096Ray, MI 4809612.6 mi10$8,923,860$757,000$892,386
48002Allenton, MI 4800212.8 mi5$3,154,800$359,900$630,960
48309Rochester, MI 4830912.9 mi59$38,989,914$550,000$660,846
48340Pontiac, MI 4834014.1 mi44$8,531,732$144,950$193,903
48317Utica, MI 4831714.3 mi49$15,942,346$299,900$325,354

Frequently Asked Questions

How many homes are for sale in LEONARD, MI 48367?

As of January 2026, there are 20 active listings in LEONARD, MI (zip code 48367), compared to 17 the prior year.

What is the median home price in LEONARD, MI 48367?

The median listing price in LEONARD, MI 48367 is $744,900 as of January 2026, a 35.4% increase from $550,000 the prior year.

How long do homes stay on the market in LEONARD, MI?

Homes in LEONARD, MI 48367 spend an average of 93 days on the market before going under contract, compared to 104 days the prior year.

Is it a seller's or buyer's market in LEONARD, MI 48367?

Based on current inventory and days-on-market data as of January 2026, LEONARD, MI 48367 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 93 days on market compared to 104 days last year.

How much can I save on real estate commission in LEONARD, MI?

With SELL123.com's maximum 3% commission, sellers in LEONARD, MI 48367 save an estimated $14,898 compared to a typical 5% commission on the median listing price of $744,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.