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Foreclosure Homes in Leland, MI

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Leland, MI Foreclosures

Current Market Conditions in in Leland, MI As of April 2026?
In the past month, Leland has witnessed a slight uptick in home sales, with several listings receiving multiple offers. This trend indicates a continued interest in waterfront properties as the local economy recovers and summer approaches, attracting more buyers to the area. Inventory levels remain low, which may lead to further price increases as demand outstrips available listings.
How much do homes sell for in Leland, MI?
The average home price is currently $1,513,778.
In Leland, MI, how many homes are available?
There are currently 10 active home listings available in Leland.
What’s the average rental cost in Leland, MI?
The average rental price in Leland is $1,749.
What is the most expensive home in Leland?
The most expensive home sold in Leland had a price of $8,910,152.
What is currently the cheapest priced home in Leland, MI?
The cheapest home for sale in Leland is priced at $135,918.

Living in Leland, MI

Leland, MI is a picturesque lakeside town with scenic views and a vibrant community. Known for its historic charm and outdoor recreational opportunities, it offers residents a tranquil lifestyle surrounded by nature. The town’s local shops and art galleries provide a unique blend of culture and leisure.

Buyer vs Seller Market in Leland, MI

The real estate market in Leland has remained stable throughout the past year, with a slight increase in home prices due to high demand for vacation and retirement properties. The area is appealing to buyers seeking a quiet lifestyle with access to nature and Lake Michigan's shores.

Recent trends indicate that properties in Leland are selling faster than the national average, which suggests a competitive market. The influx of new residents looking to enjoy the lakeside lifestyle has spurred interest in both primary and secondary homes, making it a favorable market for sellers.

Home Value Estimator For Leland, MI

There are currently 788 real estate properties in Leland, MI, with a median automated valuation model (AVM) price of $1,281,057.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Leland, 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 Leland, MI, is $1,513,778.00, with the most expensive house in Leland, MI, topping out at $8,910,152.00 and the cheapest home in Leland, MI, clocking in at $135,918.00. In other words, there’s something for every potential homebuyer or savvy investor in Leland, MI!

Rent Prices In Leland, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Leland, MI, is on a rollercoaster ride. The average rent price in Leland, MI, is $1,749.00. Indeed, when looking to rent in Leland, MI, you can expect to pay as little as $850.00 or as much as $2,600.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Leland, 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.

Leland, MI Foreclosures


Market Trend for Leland, MI

Total Listings Available: 10

Market Values:

Home Prices from $135,918 to $8,910,152

Average Sales Price: $1,513,778

Rental Values:

Rental from $850 to $2,600

Average Rent Value: $1,749 / month

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