Data as of September 2026. Source: Realtor.com.
The LAKE LEELANAU, MI real estate market (49653) currently shows 8 active listings. Homes are averaging 91 days on the market before going under contract.
Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 91 days on market compared to 88 days last year.
The median listing price has risen 20% year-over-year, from $1,312,250 to $1,575,000.
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 September 2026, there are 8 active listings in LAKE LEELANAU, MI (zip code 49653), compared to 19 the prior year.
The median listing price in LAKE LEELANAU, MI 49653 is $1,575,000 as of September 2026, a 20% increase from $1,312,250 the prior year.
Homes in LAKE LEELANAU, MI 49653 spend an average of 91 days on the market before going under contract, compared to 88 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKE LEELANAU, MI 49653 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 91 days on market compared to 88 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE LEELANAU, MI 49653 save an estimated $31,500 compared to a typical 5% commission on the median listing price of $1,575,000. 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.