Current Price

$790,784

1 Month Forecast

â–² $876,818

1-Year Forecast *

â–² $969,451

5-Year Forecast *

â–² $1,150,859

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake Leelanau" area is 1,150,859 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +45.53% meaning that investing 100000 USD today may yield a profit of 45,534 USD by 2031.

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: 2026-2032

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: $969,451* (upside of 22.6%)

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 $351,172 $334,369 $333,582 $351,358

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 969,451 USD in one year.

Is it profitable to invest in Lake Leelanau homes?

Yes. The long-term profit potential is +22.59% 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 1,080,982 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 1,376,721 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 decreased, 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 decreased by 9.728% to 790,784 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 24.054% in 2021
  • 23.574% in 2022
  • 21.364% in 2023
  • 23.174% in 2024
  • 22.334% in 2025
  • 22.574% in 2026

Based on our Lake Leelanau real estate market research and report the predicted sales prices will increase by 666.790% in the next 10 years.

Over the last 12 months, the value of homes in Lake Leelanau fluctuated: increasing 1 times and decreasing 3 times.

Lake Leelanau (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
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2025
August 2025 876818 792643 960992
September 2025 885570 829779 941361
October 2025 894410 824646 964174
November 2025 903338 852751 953925
December 2025 912356 853965 970746
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2026
January 2026 919106 843739 994473
February 2026 924021 864883 983158
March 2026 932233 862316 1002151
April 2026 940989 863828 1018150
May 2026 950382 860096 1040669
June 2026 959869 881160 1038578
July 2026 969451 897711 1041190
August 2026 979128 925276 1032980
September 2026 988902 908801 1069003
October 2026 998773 905887 1091659
November 2026 1000905 919832 1081978
December 2026 998060 941170 1054949
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2027
January 2027 991448 934936 1047961
February 2027 988814 922563 1055064
March 2027 987207 927975 1046440
April 2027 985115 926993 1043236
May 2027 978589 918895 1038283
June 2027 972106 884617 1059596
July 2027 971443 880127 1062758
August 2027 977462 888513 1066411
September 2027 987219 926011 1048426
October 2027 997073 939243 1054904
November 2027 1007026 924450 1089602
December 2027 1009683 920831 1098535
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2028
January 2028 1007842 946363 1069320
February 2028 1003714 950517 1056911
March 2028 1004135 937862 1070408
April 2028 1008262 939700 1076824
May 2028 1017619 940280 1094958
June 2028 1026503 938223 1114782
July 2028 1035348 933884 1136813
August 2028 1042778 938501 1147056
September 2028 1045537 992214 1098859
October 2028 1048082 958995 1137169
November 2028 1047770 955566 1139973
December 2028 1051487 960008 1142967
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2029
January 2029 1059735 998270 1121199
February 2029 1068084 968752 1167416
March 2029 1072525 1015681 1129368
April 2029 1067732 986585 1148880
May 2029 1078391 978100 1178681
June 2029 1078305 1012528 1144081
July 2029 1080982 981532 1180433
August 2029 1083819 983024 1184614
September 2029 1083317 980402 1186232
October 2029 1078897 1020636 1137157
November 2029 1071750 975292 1168207
December 2029 1082448 1020748 1144148
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2030
January 2030 1093253 1009073 1177434
February 2030 1104166 1024666 1183666
March 2030 1115188 1053853 1176523
April 2030 1126320 1066625 1186015
May 2030 1134654 1035939 1233369
June 2030 1140721 1038056 1243386
July 2030 1150859 1086411 1215308
August 2030 1161669 1068735 1254602
September 2030 1173265 1089963 1256567
October 2030 1184976 1081883 1288069
November 2030 1196805 1085502 1308108
December 2030 1208752 1120513 1296991
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2031
January 2031 1220818 1134140 1307496
February 2031 1233004 1146694 1319314
March 2031 1235636 1155320 1315953
April 2031 1232123 1129857 1334390
May 2031 1223961 1101565 1346357
June 2031 1220709 1120611 1320807
July 2031 1218726 1122447 1315005
August 2031 1216143 1124932 1307353
September 2031 1208086 1098150 1318022
October 2031 1200083 1093276 1306891
November 2031 1199264 1128508 1270021
December 2031 1206695 1100506 1312884
Lake Leelanau Housing Market Forecast with Real Estate Prices for 2032
January 2032 1218740 1104179 1333302
February 2032 1230906 1118893 1342918
March 2032 1243193 1144981 1341405
April 2032 1246472 1170437 1322507
May 2032 1244199 1147152 1341247
June 2032 1239104 1168475 1309733
July 2032 1239624 1150371 1328876

> 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.