Morgan-Copp-Mervau Building · Public domain48 homes sold in Leelanau Township in the last year, at a typical $643K
Redfin reports Leelanau Township’s sales by ZIP code, so these figures are for ZIP 49670, which takes in Leelanau Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Leelanau Township homes are listed.
Every place Leelanau Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Leelanau Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Leelanau Township’s sales, at a typical $643K
48 homes sold in the year to May 2026.
typical sale · 48 sold in 12 months
- Per square foot
- $434MI $172
- Days to sell
- 70
- Sold over asking
- 22%
About as many homes sell as usual, at 2.3 times the 2016 price
48 sales in the last year, against 58 in 2016 and a low of 40 in 2012. The typical sale went from $277K in 2016 to $643K.
Source: Redfin Data Center, MLS sales; for ZIP 49670, which takes in Leelanau Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $650K buys in Leelanau Township
Check a listing against what Leelanau Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Leelanau Township are more common than before the pandemic, but 41% fewer homes come up for sale
We read every month of home sales in ZIP 49670 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 48 sales.
If you’re buying in Leelanau Township
- Shop in July. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Bid near asking. Buyers paid 98.1% of the list price on average; 22% paid over.
- You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 70 days.
Summer brings the homes; fall brings the bidding wars
July has the most new listings (about 9 a month), but September is the most competitive: 16% of September sales close over asking. March has the least competition (11%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Michigan
| Leelanau Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 22% | 9% | 25% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 36% | 3% | 10% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 98.1% | 95.4% | 99.1% | 98.4% |
| Days to sellMedian days from listing to contract | 70 | 120 | 68 | 33 |
18 homes for sale on a typical day
That’s 2.4 times the 2021 low (7), 41% fewer than in 2017–19 and well under 2015’s 48.
Source: Redfin Data Center, ZIP code tracker; for ZIP 49670, which takes in Leelanau Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Leelanau Township home costs about $3,747 a month
Price: Leelanau Township’s typical sale, last 12 months. Property tax at Leelanau Township’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Leelanau Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $643K home, about $4,710 a year.
Taxes vs. neighborsSchools
The schools grade for Leelanau Township, from test results, graduation and how much students grow.
Schools in Leelanau TownshipTypical commute
The average one-way trip to work for people who live in Leelanau Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Leelanau Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Leelanau Township. People who follow the town see it, and so do people comparing Leelanau Township with their own town. No commission, no listing fee.
Questions about buying a home in Leelanau Township
What do homes sell for in Leelanau Township, MI?
48 homes sold in the year to May 2026 at a typical $643K, $434 a square foot.
Is Leelanau Township a buyer’s or seller’s market?
A buyer’s market: 18 homes were for sale in May 2026 and 2 sold, about 9 months of supply. Buyers paid 98.1% of asking on average.
When is the best time to buy in Leelanau Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Leelanau Township?
About 0.7% of a home’s value a year. On a $643K home that’s near $4,710.
Where can I see homes for sale in Leelanau Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Leelanau Township’s MLS listings; the search links above open each one filtered to Leelanau Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 49670, which takes in Leelanau Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).