Unshakable ZIP Data 49621 | Cedar, MI Housing Market
Cedar · Leelanau County · Traverse City, MI metro · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49621, Cedar, Michigan is $311,907 at $257 per square foot. 5 single-family homes sold in the latest period, down 57.1 percent from a year earlier. Homes sit a median of 13 days on market with 20.4 months of supply. Sellers are getting 104.8 percent of list price and 80.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $536,152 | |
| Average price per sq ft | $442 | |
| Median sale price | $311,907 | |
| Median sale price per sq ft | $257 | |
| Median home size | 1,213 sq ft | |
| Median new listing price | $512,568 | -3.1% |
| National size rank | 15,067 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 5 | -57.1% |
| Median days on market | 13 days | |
| Months of supply | 20.4 months | |
| New listings | 28 | -2.0% |
| Active listings | 37 | -10.8% |
| Pending sales | 15 | -20.0% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 104.8% | +4.3 pts |
| Share sold above list | 80.0% | +21.7 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
3-bedroom
$526,996
4-bedroom
$625,874
These figures describe the single-family market for Cedar, Michigan ZIP 49621. They are market context, not a substitute for sold comps or a formal appraisal.