foreclosure.com

Foreclosure Homes in Lake Leelanau, MI

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 7 of 7
 

Lake Leelanau, MI Foreclosures

Current Market Conditions in in Lake Leelanau, MI As of February 2026?
Over the past month, Lake Leelanau's real estate market has seen a slight increase in home prices, attributed to a limited inventory combined with sustained buyer interest. Many listings are receiving multiple offers, leading to a more competitive atmosphere. This trend reflects the continued appeal of the area as an idyllic destination for year-round living or seasonal retreats. The number of homes sold remains steady, suggesting that while the market is active, it remains accessible to those ready to make a purchase in this charming region.
How much do homes sell for in Lake Leelanau, MI?
The average home price is currently $1,085,547.
In Lake Leelanau, MI, how many homes are available?
There are currently 7 active home listings available in Lake Leelanau.
What’s the average rental cost in Lake Leelanau, MI?
The average rental price in Lake Leelanau is $1,591.
What is the most expensive home in Lake Leelanau?
The most expensive home sold in Lake Leelanau had a price of $6,351,700.
What is currently the cheapest priced home in Lake Leelanau, MI?
The cheapest home for sale in Lake Leelanau is priced at $60,046.

Living in Lake Leelanau, MI

Lake Leelanau, MI is a picturesque community known for its stunning lakes, outdoor recreation, and vibrant local culture. With a variety of seasonal activities and a strong sense of community, it's an ideal location for families and outdoor enthusiasts alike. The area boasts wineries, local shops, and ample natural beauty, making it a perfect retreat all year round.

Buyer vs Seller Market in Lake Leelanau, MI

The Lake Leelanau real estate market remains competitive, with homes selling quickly due to the area’s desirability. Buyers are often attracted to the mix of residential, vacation, and investment properties available, leading to steady demand in this scenic locale.

Current trends show rising home values, particularly for properties with lakefront access or extensive views, indicating strong interest from both local buyers and those seeking a vacation home.

Home Value Estimator For Lake Leelanau, MI

There are currently 1,306 real estate properties in Lake Leelanau, MI, with a median automated valuation model (AVM) price of $808,132.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Leelanau, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Leelanau, MI, is $1,085,547.00, with the most expensive house in Lake Leelanau, MI, topping out at $6,351,700.00 and the cheapest home in Lake Leelanau, MI, clocking in at $60,046.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Leelanau, MI!

Rent Prices In Lake Leelanau, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Leelanau, MI, is on a rollercoaster ride. The average rent price in Lake Leelanau, MI, is $1,591.00. Indeed, when looking to rent in Lake Leelanau, MI, you can expect to pay as little as $810.00 or as much as $2,600.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Lake Leelanau, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Leelanau, MI Foreclosures

Market Trend for Lake Leelanau, MI

Total Listings Available: 7

Market Values:

Home Prices from $60,046 to $6,351,700

Average Sales Price: $1,085,547

Rental Values:

Rental from $810 to $2,600

Average Rent Value: $1,591 / month

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.