The median home in Leland, Michigan is valued at $1,097,495, down 0.8% year over year. Leland is part of the Traverse City, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Traverse City, MI stress score, crash risk, and 12-month forecast →

Home Value$1,097,495

-0.8%

AFFORDABILITY

Enter your income for Leland.

Income (annual)

Down Payment

$219,499 on $1,097,495

Out of reach — 113.5% of income

Need $303,900/yr to afford.

PITI$7,091

P/I113.5%

Afford$271K

Gap-$827K

P&I $5,550Tax $1,408Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Leland with other housing markets across Michigan.

Lake Angelus$1659K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K Union Pier$740K

Full Traverse City, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Traverse City, MI metro.

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LELAND, MI