Data as of June 2026. Source: Realtor.com.
The LAKE LEELANAU, MI real estate market (49653) currently shows 10 active listings, with 5 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 61 days on market compared to 59 days last year.
The median listing price has risen 46.4% year-over-year, from $1,210,750 to $1,772,500.
Whether you are buying or selling in LAKE LEELANAU, 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.
Population: 1,672 · Density: 23.2/mi² · Median household income: $79,861
Typical home value: $406,427 · Homeownership: 98.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49653 | Lake Leelanau, MI 49653 | 0.0 mi | 6 | $7,925,880 | $995,000 | $1,320,980 |
| 49621 | Cedar, MI 49621 | 7.9 mi | 12 | $7,086,072 | $630,500 | $590,506 |
| 49670 | Northport, MI 49670 | 11.6 mi | 11 | $15,340,875 | $599,000 | $1,394,625 |
| 49630 | Empire, MI 49630 | 13.7 mi | 2 | $2,510,000 | $1,255,000 | $1,255,000 |
| 49654 | Leland, MI 49654 | 14.1 mi | 4 | $3,457,900 | $789,000 | $864,475 |
| 49629 | Elk Rapids, MI 49629 | 17.0 mi | 6 | $2,502,930 | $387,175 | $417,155 |
| 49648 | Kewadin, MI 49648 | 18.9 mi | 21 | $30,511,572 | $534,975 | $1,452,932 |
| 49627 | Eastport, MI 49627 | 20.6 mi | 1 | $1,850,000 | $1,850,000 | $1,850,000 |
| 49640 | Honor, MI 49640 | 23.0 mi | 5 | $5,685,415 | $743,750 | $1,137,083 |
| 49643 | Interlochen, MI 49643 | 23.5 mi | 19 | $12,595,594 | $447,000 | $662,926 |
| 49696 | Traverse City, MI 49696 | 23.7 mi | 27 | $15,184,530 | $514,500 | $562,390 |
| 49729 | Ellsworth, MI 49729 | 25.4 mi | 5 | $2,096,900 | $457,250 | $419,380 |
| 49612 | Alden, MI 49612 | 25.9 mi | 9 | $8,992,737 | $452,500 | $999,193 |
As of June 2026, there are 10 active listings in LAKE LEELANAU, MI (zip code 49653), compared to 16 the prior year.
The median listing price in LAKE LEELANAU, MI 49653 is $1,772,500 as of June 2026, a 46.4% increase from $1,210,750 the prior year.
Homes in LAKE LEELANAU, MI 49653 spend an average of 61 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LAKE LEELANAU, MI 49653 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 61 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE LEELANAU, MI 49653 save an estimated $35,450 compared to a typical 5% commission on the median listing price of $1,772,500. 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.