Current Price

$477,207

1 Month Forecast

â–² $526,803

1-Year Forecast *

â–² $581,993

5-Year Forecast *

â–² $689,218

"Is it a good time to buy homes in Cedar?" "Does investing in real estate in Cedar (Michigan State, Leelanau County) worth it?" According to our live Forecast System, buying a house in Cedar is a good short-term (1-year) investment*. The Cedar average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Cedar" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Cedar in Michigan State, Leelanau County. If you are looking for homes for sale with good flipping profit, Cedar can be a profitable property investment option. The median price of an average house in Cedar was 477,207 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Cedar" area is 689,218 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +44.43% meaning that investing 100000 USD today may yield a profit of 44,427 USD by 2031.

Current Median Listing Price: 477,207 USD Median Listing Price Per Square Foot: 265 USD

Cedar Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Cedar (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Cedar Price Target

Cedar median home price target in 12 months: $581,993* (upside of 22.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $520,787 $522,050 $520,787 $527,840
2024 $458,635 $477,207 $458,635 $477,207
2023 $443,398 $458,036 $443,398 $464,058
2022 $411,096 $442,114 $411,096 $452,346
2021 $329,276 $404,722 $329,276 $404,722
2020 $298,113 $323,665 $298,113 $323,665
2019 $274,786 $296,534 $273,093 $296,534
2018 $267,633 $273,789 $267,633 $275,037
2017 $241,946 $266,137 $241,946 $266,137
2016 $234,674 $238,712 $233,869 $238,712
2015 $229,252 $235,415 $229,252 $236,628
2014 $214,990 $228,360 $214,990 $228,360
2013 $206,152 $214,937 $206,152 $214,937
2012 $198,295 $205,630 $198,289 $205,630

Questions & Answers about the Cedar Housing Market Forecast

How much does an average home cost in Cedar today?

The value of an average home (the listing price) in Cedar is $477,207 USD.

What is the average price per square foot in Cedar?

According to Walletinvestor the median price per square foot in Cedar is 265 USD.

Will the median listing price of homes in Cedar grow / rise / go up?

Yes. The Cedar home prices may rise from 477,207 USD to 581,993 USD in one year.

Is it profitable to invest in Cedar homes?

Yes. The long-term profit potential is +21.96% in one year.

Will Cedar house prices fall / drop?

No. See above.

What is the predicted price of a Cedar home in 2030?

The predicted home sales price of a Cedar home in 2030 in Cedar is 642,702 USD.

What is the predicted price of a Cedar home in 2035?

The predicted home sales price of a Cedar home in 2035 in Cedar is 816,255 USD.

Will real estate prices decrease in Cedar?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Cedar is the 10430. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Leelanau, Cedar decreased, looking at the past 12 months.

According to Walletinvestor's Cedar real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.982% to 477,207 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 23.028% in 2021
  • 20.738% in 2022
  • 22.758% in 2023
  • 20.048% in 2024
  • 22.888% in 2025
  • 23.578% in 2026

Based on our Cedar real estate market research and report the predicted sales prices will increase by 627.962% in the next 10 years.

Over the last 12 months, the value of homes in Cedar fluctuated: increasing 2 times and decreasing 2 times.

Cedar (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Cedar Housing Market Forecast with Real Estate Prices for 2025
August 2025 526803 487293 566313
September 2025 531600 488009 575191
October 2025 536440 490842 582037
November 2025 541324 496936 585713
December 2025 546253 511839 580667
Cedar Housing Market Forecast with Real Estate Prices for 2026
January 2026 551227 503270 599183
February 2026 556207 510598 601815
March 2026 561271 511879 610663
April 2026 566381 526168 606594
May 2026 571538 541818 601258
June 2026 576742 532909 620574
July 2026 581993 543000 620987
August 2026 587292 530325 644259
September 2026 592639 533375 651903
October 2026 598035 538232 657839
November 2026 599020 552296 645744
December 2026 595737 537950 653523
Cedar Housing Market Forecast with Real Estate Prices for 2027
January 2027 592282 562668 621896
February 2027 589086 540781 637391
March 2027 588009 555081 620938
April 2027 588017 536860 639175
May 2027 589725 549034 630416
June 2027 590783 548837 632728
July 2027 594698 547122 642274
August 2027 599349 541811 656886
September 2027 604806 567308 642304
October 2027 610313 564539 656086
November 2027 613682 573179 654185
December 2027 615205 558606 671804
Cedar Housing Market Forecast with Real Estate Prices for 2028
January 2028 613597 576168 651027
February 2028 610571 569052 652089
March 2028 607829 559811 655847
April 2028 607222 565323 649120
May 2028 608016 570319 645713
June 2028 609383 555758 663009
July 2028 612336 579270 645403
August 2028 615852 573359 658346
September 2028 617510 574284 660736
October 2028 619732 577590 661874
November 2028 620822 584193 657450
December 2028 622573 566542 678605
Cedar Housing Market Forecast with Real Estate Prices for 2029
January 2029 623358 589073 657643
February 2029 626197 578606 673788
March 2029 630002 578972 681032
April 2029 632637 571903 693370
May 2029 638397 595624 681169
June 2029 640055 585010 695100
July 2029 642702 591286 694118
August 2029 645698 603727 687668
September 2029 647043 612103 681983
October 2029 644795 587409 702182
November 2029 641056 596182 685930
December 2029 646893 586732 707054
Cedar Housing Market Forecast with Real Estate Prices for 2030
January 2030 652783 591422 714145
February 2030 658727 602076 715377
March 2030 664724 604899 724550
April 2030 670777 635226 706328
May 2030 676884 638979 714790
June 2030 682999 641336 724662
July 2030 689218 630635 747802
August 2030 695493 641245 749742
September 2030 701826 635854 767797
October 2030 708216 643768 772664
November 2030 714664 656062 773267
December 2030 721171 654102 788240
Cedar Housing Market Forecast with Real Estate Prices for 2031
January 2031 727737 688440 767035
February 2031 734363 672677 796050
March 2031 735573 664222 806923
April 2031 731541 694964 768118
May 2031 727299 664751 789847
June 2031 723374 677078 769670
July 2031 722052 652735 791369
August 2031 722062 672962 771162
September 2031 724159 658985 789333
October 2031 725458 662343 788572
November 2031 730266 657239 803292
December 2031 735977 680042 791911
Cedar Housing Market Forecast with Real Estate Prices for 2032
January 2032 742678 669153 816203
February 2032 749440 698478 800402
March 2032 753577 680480 826674
April 2032 755447 698788 812106
May 2032 753473 702237 804709
June 2032 749756 682278 817234
July 2032 746390 672497 820282

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.