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LEONARD, MI 48367

Real Estate Market Report  ·  Oakland County
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The LEONARD, MI real estate market (48367) currently shows 15 active listings, with 6 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 56 days on market compared to 131 days last year.

The median listing price has fallen 2.4% year-over-year, from $868,250 to $847,400.

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 Context

Market Context

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

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

Market Overview

Active Listings
15
⇩ 11.8% vs 17 last year
Pending
6
40% pending ratio
Median Price
$847,400
⇩ 2.4% vs $868,250 last year
Average Price
$1,029,378
⇩ 10.2% vs $1,145,950 last year
Days on Market
56
⇩ 57.3% vs 131 days last year

Price Per Square Foot

Median $/sqft
$243
⇩ 6.2% vs $259/sqft last year
Median Home Size
3,380 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 17 last year
  • Days on market: 56 now vs 131 last year

Median & Average Pricing

Year over Year
  • Median: $847,400 (-2.4% YoY)
  • Average: $1,029,378 (-10.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.3 miles — 411 listings ($270,531,533 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48367Leonard, MI 483670.0 mi20$17,611,260$641,975$880,563
48363Oakland, MI 483635.0 mi29$50,268,687$1,491,250$1,733,403
48428Dryden, MI 484286.6 mi8$5,827,768$654,950$728,471
48371Oxford, MI 483717.4 mi47$30,211,788$487,175$642,804
48003Almont, MI 480038.0 mi25$14,058,050$546,598$562,322
48094Washington, MI 480949.1 mi53$46,524,460$856,200$877,820
48455Metamora, MI 4845510.1 mi31$19,263,245$592,400$621,395
48005Armada, MI 4800511.1 mi15$7,353,450$462,450$490,230
48096Ray, MI 4809612.6 mi9$8,628,561$774,625$958,729
48002Allenton, MI 4800212.8 mi6$3,740,760$359,900$623,460
48309Rochester, MI 4830912.9 mi64$42,281,216$512,450$660,644
48340Pontiac, MI 4834014.1 mi56$9,545,088$143,975$170,448
48317Utica, MI 4831714.3 mi48$15,217,200$287,425$317,025

Frequently Asked Questions

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

As of April 2026, there are 15 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 $847,400 as of April 2026, a 2.4% decrease from $868,250 the prior year.

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

Homes in LEONARD, MI 48367 spend an average of 56 days on the market before going under contract, compared to 131 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 April 2026, LEONARD, MI 48367 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 56 days on market compared to 131 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 $16,948 compared to a typical 5% commission on the median listing price of $847,400. 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.