Median home value in zip code 49653 (Lake Leelanau, MI) is $790,769, up 2.9% year over year. Part of the Traverse City, MI metropolitan area.

Home Value$790,769

YoY Change

+2.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 49653 (Lake Leelanau).

Income (annual)

Down Payment

$158,154 on $790,769

Example: $75,000 household income. Change it above to see your own.

Out of reach82.4% of income

Need $220,586/yr to afford.

PITI$5,147

P/I82.4%

Afford$269K

Gap-$522K

P&I $3,999Tax $1,015Ins $133

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

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

Metro Analysis

49653 is part of the Traverse City, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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