Unshakable ZIP Data 49653 | Lake Leelanau, MI Housing Market
Lake Leelanau · Leelanau County · Traverse City, MI metro · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49653, Lake Leelanau, Michigan is $1,357,097 at $696 per square foot. 2 single-family homes sold in the latest period, down 48.5 percent from a year earlier. Homes sit a median of 91 days on market with 17.5 months of supply. Sellers are getting 104.2 percent of list price and 50.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $856,264 | |
| Average price per sq ft | $439 | |
| Median sale price | $1,357,097 | |
| Median sale price per sq ft | $696 | |
| Median home size | 1,949 sq ft | |
| Median new listing price | $941,849 | -19.8% |
| National size rank | 21,677 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 2 | -48.5% |
| Median days on market | 91 days | |
| Months of supply | 17.5 months | |
| New listings | 11 | -30.2% |
| Active listings | 15 | -30.9% |
| Pending sales | 6 | -24.0% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 104.2% | +9.6 pts |
| Share sold above list | 50.0% | +0.0 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
3-bedroom
$799,861
These figures describe the single-family market for Lake Leelanau, Michigan ZIP 49653. They are market context, not a substitute for sold comps or a formal appraisal.