Housing in Leonard, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$320,000

Median List Price

$275,000

Price Per Sq Ft

$181

Days on Market

58

Active Inventory

3

Months of Supply

1.0

Seller's market

Zillow Home Value

$494,693

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 28.0%List Price 34.1%May 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

95.5%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

1

Pending Sales

2

Homes Sold 0.0%New Listings 0.0%Pending 33.3%May 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$181

Median List $/SF

$146

Sale $/SF 12.1%List $/SF 35.7%May 24Dec 25

Leonard vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Leonard is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$243,800

Median Rent

N/A

Total Housing Units

152

Vacancy Rate

17.1%

Owner Occupied

96.8%

Renter Occupied

3.2%

Median Property Tax

$2,897

per year

Monthly Cost (w/ Mortgage)

$1,381

Housing Types

Single Family
96.7%
Multi-Family
3.3%
Mobile Home
0.0%

The current median sale price in Leonard, MI is $320,000 according to Redfin data. Homes spend a median of 58 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $181. About 96.8% of housing units are owner-occupied. The median year homes were built is 1954. There are 152 total housing units.