Home › Counties › Leelanau County, MI
The median home value in Leelanau County, MI is $654,806 as of 2026-08-31, up 2.45% from a year earlier.
Median Home Value
$654,806
Year-over-Year
+2.45%
National Rank
#87 of 3071
Leelanau County ranks 1st out of 83 counties in MI by median home price, and is +178.6% above the U.S. national median of $235,072. Within MI, the typical county has a median home value of $226,891, making Leelanau County +188.6% above the MI state median.
The typical home value increased by 0.7%, from $650,239 in May 2026 to $654,806 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $650,239 | +0.4% |
| Jun 2026 | $662,102 | +0.6% |
| Jul 2026 | $656,811 | +1.4% |
| Aug 2026 | $654,806 | +2.5% |
Households here earn a median of $99,422 a year against a typical home value of $654,806 — a price-to-income ratio of 6.6×, past the 5× level generally described as severely unaffordable. That is less affordable than roughly 96% of U.S. counties. (How this is calculated.)
The median home value in Leelanau County is $654,806. That's up 2.45% from a year earlier. That is about 178.6% above the U.S. national county median of $235,072, and makes Leelanau County the 1st most expensive of 83 counties in Michigan.
Median household income here is $99,422, so a typical home costs about 6.6× annual household earnings — expensive compared with other U.S. counties.
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