April 2026 Sold Stats: Northern Michigan Real Estate Market Update
April 2026 Sold Stats: Northern Michigan Real Estate Market Update
Spring real estate activity is underway across Northern Michigan, and the April 2026 sold statistics reveal a market that continues to show resilience, steady pricing, and strong buyer interest across multiple price points. While overall sales volume softened slightly compared to the record-setting pace of recent years, home values remain elevated and demand continues throughout the region.
Five-County Area Snapshot
Across Grand Traverse, Leelanau, Benzie, Antrim, and Kalkaska counties, 161 residential properties were sold in April 2026 with a total sales volume of more than $79.5 million. The average sold price came in at $493,902, while the median sale price held strong at $390,000. Homes averaged 103 days on market.
Compared to April 2025:
- Residential sales decreased from 183 to 161 transactions
- Total dollar volume declined from $106.5 million to $79.5 million
- Median sale price remained relatively stable, moving from $396,000 to $390,000
- Average days on market increased from 76 to 103 days
Although the market has slowed from the extremely competitive conditions seen over the past several years, pricing stability continues to demonstrate long-term strength in Northern Michigan real estate.
County-by-County Highlights
Grand Traverse County
Grand Traverse County remained the region’s market leader with 93 closed sales totaling nearly $42 million in volume. The average sale price reached $450,938, with a median price of $400,000.
Leelanau County
Leelanau County continued to command some of the highest home prices in the area. The county recorded 17 sales with an impressive average sale price of $843,176 and over $14.3 million in total volume.
Antrim County
Antrim County saw 21 residential sales with an average sale price of $611,839. Properties spent an average of 122 days on market, indicating buyers remain active while taking more time in decision-making.
Benzie County
Benzie County posted 12 sales with a median sale price of $397,500 and an average price of $477,958.
Kalkaska County
Kalkaska County continued to offer some of the region’s most affordable opportunities, with an average sale price of $259,050 and a median price of $225,000.
Luxury Market Remains Active
The upper-end market continues to contribute significantly to overall sales volume. In April 2026:
- 9 properties sold for more than $1 million
- 14 properties sold between $750,000 and $999,999
- 32 homes sold between $500,000 and $749,999
At the same time, the market continues to see activity across mid-range price categories, particularly in the $300,000 to $499,999 range, which accounted for 60 combined sales during the month.
Year-to-Date Trends
Through April 2026, the five-county area recorded:
- 597 residential units sold
- Average selling price of $509,328
- Median selling price of $400,000
While unit sales are slightly behind recent years, pricing trends continue to show long-term appreciation. The median selling price has climbed dramatically from $175,500 in 2016 to $400,000 in 2026, reflecting the sustained demand for Northern Michigan properties over the past decade.
Wexford & Missaukee Counties
The two-county area of Wexford and Missaukee also remained active in April 2026, recording 30 residential sales totaling more than $7.5 million in volume. The average sale price reached $250,141, with a median price of $212,950.
Wexford County accounted for 21 of those sales, while Missaukee County saw 9 transactions. Homes in the area averaged just 54 days on market, indicating continued buyer demand for more affordable housing options outside the larger metro markets.
Looking Ahead
As we move deeper into the spring and summer selling season, the Northern Michigan market continues transitioning toward a more balanced environment. Buyers are gaining more time to make decisions, inventory is gradually improving, and home values remain historically strong.
For buyers and sellers alike, understanding local market trends remains essential. Whether navigating waterfront luxury properties, vacation homes, or year-round residential opportunities, Northern Michigan real estate continues to offer strong long-term value and lifestyle appeal.
