Is Leslie, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Leslie has remained a Seller's Market.
Key Takeaway
Leslie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leslie, MI
How much do homes in Leslie, MI cost?
Median Sold Price
$207,500
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Leslie have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Leslie was $207,500 in May 2024, up 2.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68.7K | $271K | +294.2% |
| 2 Bedrooms | $153.7K | $137.5K | -10.5% |
| 3 Bedrooms | $189K | $210K | +11.1% |
| 4 Bedrooms | $265K | $232.5K | -12.3% |
| 5+ Bedrooms | $158.4K | $339K | +114.0% |
Summary: Leslie housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 294.2%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes increased by 114%.
Median Sold Price Compared To Nearby Cities
| Leslie | $202.5K | $207.5K | +2.5% |
| Leslie Township | $202.5K | $207.5K | +2.5% |
Housing Supply in Leslie, MI
How many homes are available in Leslie, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Leslie real estate market had 12 homes for sale in May 2024, a 7.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Leslie housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leslie, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Leslie in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Leslie, MI
How long does it take to sell a home in Leslie, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 10 Days | 43 Days | +325.4% |
Summary: Homes in Leslie had an average of 43 days on market in May 2024, up by 325.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Leslie has remained consistent over time.
Summary: During May 2024, 5 homes were sold in Leslie; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.