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LEROY, MI 49655

Real Estate Market Report  ·  Osceola County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The LEROY, MI real estate market (49655) currently shows 21 active listings, with 3 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 68 days on market compared to 58 days last year.

The median listing price has fallen 14.6% year-over-year, from $298,700 to $255,225.

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Market Context

Market Context

Population: 3,333  ·  Density: 14.7/mi²  ·  Median household income: $59,096

Typical home value: $145,130  ·  Homeownership: 91.3%

Market Overview

Active Listings
21
⇩ 19.2% vs 26 last year
Pending
3
14% pending ratio
Median Price
$255,225
⇩ 14.6% vs $298,700 last year
Average Price
$343,872
⇧ 5% vs $327,552 last year
Days on Market
68
⇧ 17.2% vs 58 days last year

Price Per Square Foot

Median $/sqft
$174
⇧ 7.4% vs $162/sqft last year
Median Home Size
1,440 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 26 last year
  • Days on market: 68 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $255,225 (-14.6% YoY)
  • Average: $343,872 (+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
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 27.6 miles — 140 listings ($41,733,956 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49655Leroy, MI 496550.0 mi11$2,902,504$197,450$263,864
49677Reed City, MI 4967710.5 mi12$2,761,068$208,650$230,089
49639Hersey, MI 4963912.6 mi6$1,123,602$196,800$187,267
49623Chase, MI 4962314.9 mi7$1,647,849$232,400$235,407
49665Marion, MI 4966516.1 mi14$3,104,276$224,313$221,734
49657McBain, MI 4965718.4 mi3$800,550$266,850$266,850
49320Chippewa Lake, MI 4932020.3 mi3$1,274,700$424,900$424,900
49618Boon, MI 4961820.5 mi1$239,900$239,900$239,900
49304Baldwin, MI 4930423.1 mi37$16,622,805$221,175$449,265
49342Rodney, MI 4934223.6 mi5$1,257,835$219,900$251,567
48632Lake, MI 4863224.0 mi21$4,891,971$177,450$232,951
49689Wellston, MI 4968926.8 mi8$1,210,904$139,900$151,363
49663Manton, MI 4966327.6 mi12$3,895,992$222,250$324,666

Frequently Asked Questions

How many homes are for sale in LEROY, MI 49655?

As of September 2026, there are 21 active listings in LEROY, MI (zip code 49655), compared to 26 the prior year.

What is the median home price in LEROY, MI 49655?

The median listing price in LEROY, MI 49655 is $255,225 as of September 2026, a 14.6% decrease from $298,700 the prior year.

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

Homes in LEROY, MI 49655 spend an average of 68 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in LEROY, MI 49655?

Based on current inventory and days-on-market data as of September 2026, LEROY, MI 49655 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 68 days on market compared to 58 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEROY, MI 49655 save an estimated $5,105 compared to a typical 5% commission on the median listing price of $255,225. 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.