The housing market in Leland, MI is booming with a median value of $934,400, which is significantly higher than the US House Median Value of $338,100. This has resulted in a 1 year house appreciation rate of 15.49%, much higher than the US 1 year house appreciation rate of 8.27%. With such strong market conditions and increasing values, it's no wonder why so many people are looking to purchase property in Leland, MI.
The median home cost in Leland is $934,400. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Leland is up 19.8%.
Average Age of Homes
- The median age of Leland real estate is 39 years old
The Rental Market in Leland
- Renters make up 9.9% of the Leland population
- 0.0% of houses and apartments in Leland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.