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Today: September 23, 2025

Current Price

$790,784

1 Month Forecast

$876,718

1-Year Forecast *

$974,328

5-Year Forecast *

$1,159,701

"Is it a good time to buy homes in Lake Leelanau?" "Does investing in real estate in Lake Leelanau (Michigan State, Leelanau County) worth it?" According to our live Forecast System, buying a house in Lake Leelanau is a good short-term (1-year) investment*. The Lake Leelanau average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lake Leelanau" 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 Lake Leelanau in Michigan State, Leelanau County. If you are looking for homes for sale with good flipping profit, Lake Leelanau can be a profitable property investment option. The median price of an average house in Lake Leelanau was 790,784 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake Leelanau" area is 1,159,701 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +46.65% meaning that investing 100000 USD today may yield a profit of 46,652 USD by 2030.

Current Median Listing Price: 790,784 USD Median Listing Price Per Square Foot: 439 USD

Lake Leelanau 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.

Lake Leelanau (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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

Lake Leelanau Price Target

Lake Leelanau median home price target in 12 months: $974,328* (upside of 23.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $873,904 $868,152 $868,152 $878,303
2024 $753,670 $790,784 $753,670 $794,333
2023 $716,455 $746,740 $709,726 $747,792
2022 $662,578 $721,634 $662,578 $735,327
2021 $547,068 $653,595 $547,068 $653,595
2020 $490,497 $538,531 $490,497 $538,531
2019 $448,189 $487,070 $444,598 $487,070
2018 $451,315 $449,893 $449,893 $455,771
2017 $418,234 $450,044 $418,234 $450,044
2016 $411,239 $414,541 $407,130 $414,541
2015 $390,282 $409,390 $390,282 $409,390
2014 $359,615 $387,558 $359,615 $387,558
2013 $336,446 $357,713 $336,446 $357,713
2012 $351,873 $334,369 $333,582 $351,873

Questions & Answers about the Lake Leelanau Housing Market Forecast

How much does an average home cost in Lake Leelanau today?

The value of an average home (the listing price) in Lake Leelanau is $790,784 USD.

What is the average price per square foot in Lake Leelanau?

According to Walletinvestor the median price per square foot in Lake Leelanau is 439 USD.

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

Yes. The Lake Leelanau home prices may rise from 790,784 USD to 974,328 USD in one year.

Is it profitable to invest in Lake Leelanau homes?

Yes. The long-term profit potential is +23.21% in one year.

Will Lake Leelanau house prices fall / drop?

No. See above.

What is the predicted price of a Lake Leelanau home in 2030?

The predicted home sales price of a Lake Leelanau home in 2030 in Lake Leelanau is 1,159,701 USD.

What is the predicted price of a Lake Leelanau home in 2035?

The predicted home sales price of a Lake Leelanau home in 2035 in Lake Leelanau is 1,549,161 USD.

Will real estate prices decrease in Lake Leelanau?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lake Leelanau is the 18234. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Leelanau, Lake Leelanau increased, looking at the past 12 months.

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

Median home values increased by 0.755% to 790,784 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 24.110% in 2020
  • 24.320% in 2021
  • 22.370% in 2022
  • 23.290% in 2023
  • 24.710% in 2024
  • 22.090% in 2025

Based on our Lake Leelanau real estate market research and report the predicted sales prices will increase by 706.250% in the next 10 years.

Over the last 12 months, the value of homes in Lake Leelanau fluctuated: increasing 5 times and decreasing 5 times.

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

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2025
August 2025 876718 803951 949486
September 2025 885369 807457 963282
October 2025 894105 805589 982622
November 2025 902928 857781 948074
December 2025 911837 843450 980225
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2026
January 2026 920835 855456 986214
February 2026 929921 876916 982927
March 2026 939097 876177 1002016
April 2026 948363 853527 1043200
May 2026 957721 878230 1037212
June 2026 967172 883995 1050348
July 2026 974328 917817 1030839
August 2026 979538 881584 1077491
September 2026 988244 891396 1085091
October 2026 997525 917723 1077328
November 2026 1007368 913683 1101054
December 2026 1017309 926768 1107849
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2027
January 2027 1027347 944132 1110562
February 2027 1037484 973160 1101808
March 2027 1047721 958665 1136778
April 2027 1058060 975531 1140588
May 2027 1060318 985036 1135601
June 2027 1057304 967433 1147175
July 2027 1050831 969917 1131745
August 2027 1048039 946379 1149698
September 2027 1046336 988788 1103885
October 2027 1044118 950147 1138089
November 2027 1037726 978575 1096876
December 2027 1031373 978773 1083973
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2028
January 2028 1030669 979135 1082202
February 2028 1037054 964461 1109648
March 2028 1047288 954079 1140496
April 2028 1057622 999452 1115791
May 2028 1068057 1013587 1122528
June 2028 1070875 996985 1144765
July 2028 1068922 983409 1154436
August 2028 1064545 977252 1151837
September 2028 1064991 973402 1156580
October 2028 1069368 968848 1169889
November 2028 1079293 1006980 1151605
December 2028 1088714 988553 1188876
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2029
January 2029 1098096 1017935 1178257
February 2029 1105976 1003121 1208832
March 2029 1108902 1040150 1177654
April 2029 1111601 1001553 1221650
May 2029 1111270 1009033 1213507
June 2029 1115213 1058337 1172089
July 2029 1123960 1065514 1182406
August 2029 1132816 1029729 1235902
September 2029 1137525 1069274 1205777
October 2029 1132443 1021463 1243422
November 2029 1143617 1066995 1220239
December 2029 1143526 1050900 1236151
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2030
January 2030 1146366 1059242 1233489
February 2030 1149374 1079262 1219486
March 2030 1148841 1048892 1248790
April 2030 1144154 1051477 1236830
May 2030 1137149 1072331 1201966
June 2030 1148370 1070280 1226459
July 2030 1159701 1059967 1259435
August 2030 1171144 1111416 1230873
September 2030 1182700 1116469 1248932
October 2030 1194371 1103598 1285143
November 2030 1206156 1098808 1313504
December 2030 1218058 1109650 1326465
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2031
January 2031 1230077 1150122 1310032
February 2031 1242214 1129173 1355256
March 2031 1254472 1180458 1328485
April 2031 1266850 1195906 1337794
May 2031 1276224 1174126 1378321
June 2031 1283048 1167573 1398522
July 2031 1294451 1206429 1382474
August 2031 1306609 1224293 1388926
September 2031 1319502 1216581 1422423
October 2031 1332522 1207265 1457779
November 2031 1345671 1273004 1418337
December 2031 1358949 1240720 1477177
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2032
January 2032 1372358 1255708 1489009
February 2032 1385900 1276414 1495386
March 2032 1388858 1291638 1486078
April 2032 1384910 1250574 1519246
May 2032 1376431 1306233 1446629
June 2032 1372774 1300017 1445531
July 2032 1370544 1291052 1450035
August 2032 1367638 1258227 1477050
September 2032 1359266 1242369 1476162
October 2032 1350944 1259080 1442808
November 2032 1350022 1215020 1485024
December 2032 1358386 1249715 1467057
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2033
January 2033 1371790 1251072 1492508
February 2033 1385326 1289738 1480913
March 2033 1398996 1319253 1478738
April 2033 1402686 1328344 1477028
May 2033 1400128 1267116 1533141
June 2033 1394394 1313519 1475269
July 2033 1394979 1265246 1524712

> 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.