Data as of July 2026. Source: Realtor.com.
The LELAND, MI real estate market (49654) currently shows 9 active listings, with 1 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 51 days on market compared to 69 days last year.
The median listing price has fallen 26.5% year-over-year, from $1,393,000 to $1,023,700.
Whether you are buying or selling in LELAND, 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: 702 · Density: 23.2/mi² · Median household income: $99,167
Typical home value: $0 · Homeownership: 74.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49654 | Leland, MI 49654 | 0.0 mi | 4 | $3,457,900 | $789,000 | $864,475 |
| 49636 | Glen Arbor, MI 49636 | 10.7 mi | 8 | $6,075,832 | $453,250 | $759,479 |
| 49653 | Lake Leelanau, MI 49653 | 14.1 mi | 6 | $7,925,880 | $995,000 | $1,320,980 |
| 49682 | Suttons Bay, MI 49682 | 17.8 mi | 11 | $13,859,846 | $1,100,000 | $1,259,986 |
| 49640 | Honor, MI 49640 | 21.2 mi | 5 | $5,685,415 | $743,750 | $1,137,083 |
| 49684 | Traverse City, MI 49684 | 21.5 mi | 119 | $127,431,031 | $749,900 | $1,070,849 |
| 49686 | Traverse City, MI 49686 | 26.9 mi | 147 | $94,110,135 | $356,225 | $640,205 |
| 49643 | Interlochen, MI 49643 | 28.1 mi | 19 | $12,595,594 | $447,000 | $662,926 |
| 49628 | Elberta, MI 49628 | 30.1 mi | 1 | $189,000 | $189,000 | $189,000 |
| 49629 | Elk Rapids, MI 49629 | 31.2 mi | 6 | $2,502,930 | $387,175 | $417,155 |
| 49627 | Eastport, MI 49627 | 32.3 mi | 1 | $1,850,000 | $1,850,000 | $1,850,000 |
| 49683 | Thompsonville, MI 49683 | 33.9 mi | 20 | $9,440,420 | $395,000 | $472,021 |
| 49696 | Traverse City, MI 49696 | 35.4 mi | 27 | $15,184,530 | $514,500 | $562,390 |
As of July 2026, there are 9 active listings in LELAND, MI (zip code 49654), compared to 16 the prior year.
The median listing price in LELAND, MI 49654 is $1,023,700 as of July 2026, a 26.5% decrease from $1,393,000 the prior year.
Homes in LELAND, MI 49654 spend an average of 51 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LELAND, MI 49654 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in LELAND, MI 49654 save an estimated $20,474 compared to a typical 5% commission on the median listing price of $1,023,700. 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.