Skip to main content

MI area data

Lake leelanau, MI

Lake leelanau, MI.

Population: 1,766 (Census ACS)

The median home value in Lake leelanau, MI is $863,704 — up 3.9% over the past year. Homes sell for a median $1.36M after a median 91 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coldwave, winterweather the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$863,704

Median home value

+3.9%

1-year change

91

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$863,704
1-year appreciation
+3.9%
3-year appreciation
+9.0%
5-year appreciation
+28.3%
10-year appreciation
+96.2%
All-time peak (2026-04)
$868,816
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$1.36M
Median list price
$949,900
Median price per sqft
$696
1-year sale-price change
+30.8%
Median days on market
91 days
Homes sold (recent period)
2
For-sale inventory
10
Sale-to-list ratio
104.2%
Active listings
11
1-year forecast
+2.8%
New listings (monthly)
3

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Charter schools
1
Schools include
Leelanau Montessori Public School Academy

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
coldWave, winterWeather
Notable hazard ratings (county)
coldWave: Relatively High · hail: Relatively Low · inlandFlooding: Relatively Low · landslide: Relatively Low · lightning: Relatively Low · strongWind: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 13% of US counties
Buildings in wildfire direct-exposure zone
80.7%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Grand Traverse Overall Supply Co. (13.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
46.0°F
Average high
55.0°F
Average low
36.0°F
Annual precipitation
37.9 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
6.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
2,012
Jobs reachable by transit (45 min)
1,949

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Sleeping Bear Dunes National Lakeshore (15 mi)
Airports within 30 mi
13
Nearest airport
Dune Bird Airport (6 mi)
Nearest major airport
Cherry Capital Airport (TVC) (18 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MUNSON MEDICAL CENTER
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+104 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,987
Housing built before 1970
30.3%
Housing built 2000 or later
28.0%
Median annual property tax
$3,988
Mean commute to work
16 min
Households with broadband internet
62.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,950
Average weekly wage
$868
Top industries (by employment)
Accommodation & Food, Construction, Health Care
Annual residential building permits (county)
201

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Lake leelanauState medianUS median
Median home value$863,704$246,351$289,727
Median sale price$1.36M$265,000$325,000
Median days on market91 days36 days51 days
Median annual property tax$3,988$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Lake leelanau, MI?
$863,704.
What is the median sale price in Lake leelanau, MI?
$1.36M.
How long do homes take to sell in Lake leelanau, MI?
Median days on market: 91 days.
What is typical rent in Lake leelanau, MI?
2-bedroom fair-market rent: $1,261/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Lake leelanau, MI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coldWave, winterWeather.
Is Lake leelanau, MI in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Lake leelanau, MI?
Risk to homes is higher than 13% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Lake leelanau, MI?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Lake leelanau, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Lake leelanau, MI?
1 schools (1 elementary) (NCES, 2022-23).
Is Lake leelanau, MI walkable?
Walkability index: 6.3/20 (EPA Smart Location Database).
What is the cost of living in Lake leelanau, MI?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Lake leelanau

Selling a home in Lake leelanau, MI?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents