House Prices

House Prices & Home Values Cedar, MI 2026


Average Data

average house price$507,300
average size per house3015 ft²
average price per ft²169 $ / ft²

04/05/2026 - The value range (VR) for house prices in Cedar, MI is $168/ sqft to $168/ sqft. An average home with 3015 sqft costs approximately $506,520 to $506,520. Cedar, MI includes 1 ZIP codes and it is located in Leelanau county. The lowest prices are found in ZIP 49621, while the highest are in ZIP 49621. The average price per sqare feet is $169. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Cedar

49621177 $ / ft²


House prices by neighborhoods in Cedar

Isadore180 $ / ft²
Sugar Loaf163 $ / ft²




Historical development of home values in Cedar

Year Estimated value (USD) Change vs. 2025
2010 $235,599 -53.6%
2011 $226,489 -55.4%
2012 $225,879 -55.5%
2013 $234,322 -53.8%
2014 $245,973 -51.5%
2015 $258,597 -49.0%
2016 $272,093 -46.4%
2017 $286,779 -43.5%
2018 $302,633 -40.3%
2019 $316,666 -37.6%
2020 $333,036 -34.4%
2021 $378,793 -25.3%
2022 $441,587 -13.0%
2023 $465,674 -8.2%
2024 $492,614 -2.9%
2025 $507,300 0.0%

Graph: estimated home values in Cedar over time (USD)



Example: 100% financing house in Cedar

Loan amount: $507,300

Interest rate: 6.00%

Fixed monthly payment: $3,041.52

Breakdown in the 1st month:
Interest portion: $2,536.50  –  Principal portion: $505.02

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $30,268.53 $6,229.70 $501,070.30
2 $29,884.30 $6,613.94 $494,456.36
3 $29,476.37 $7,021.87 $487,434.49
4 $29,043.27 $7,454.96 $479,979.52
5 $28,583.47 $7,914.77 $472,064.75
6 $28,095.30 $8,402.94 $463,661.82
7 $27,577.03 $8,921.21 $454,740.60
8 $27,026.79 $9,471.45 $445,269.15
9 $26,442.61 $10,055.63 $435,213.52
10 $25,822.40 $10,675.84 $424,537.68
11 $25,163.94 $11,334.30 $413,203.38
12 $24,464.86 $12,033.38 $401,170.00
13 $23,722.67 $12,775.57 $388,394.43
14 $22,934.70 $13,563.54 $374,830.90
15 $22,098.13 $14,400.11 $360,430.79
16 $21,209.96 $15,288.28 $345,142.51
17 $20,267.02 $16,231.22 $328,911.29
18 $19,265.91 $17,232.33 $311,678.96
19 $18,203.06 $18,295.18 $293,383.78
20 $17,074.65 $19,423.59 $273,960.19
21 $15,876.65 $20,621.59 $253,338.60
22 $14,604.75 $21,893.49 $231,445.11
23 $13,254.41 $23,243.83 $208,201.28
24 $11,820.78 $24,677.46 $183,523.83
25 $10,298.73 $26,199.51 $157,324.32
26 $8,682.80 $27,815.44 $129,508.88
27 $6,967.20 $29,531.03 $99,977.85
28 $5,145.80 $31,352.44 $68,625.40
29 $3,212.05 $33,286.19 $35,339.21
30 $1,159.03 $35,339.21 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Cedar, MI


1500 sqft3900 sqft
Ø selling price$306,735$652,509
Ø fast selling$278,850$587,259
Ø high price sale$334,620$717,760

In 2026, houses in Cedar, MI will be offered at an average price of $169 per square foot. A 1,500 sqft home priced at $306,735 is 24.10% more expensive per square foot than a 3,900 sqft home priced at $652,509. Home prices in Cedar, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $451,738. Sellers who can wait longer may achieve a higher price of up to $552,124.


Discover Cedar, MI

Cedar, MI is a small unincorporated community in Leelanau County, Michigan known for rural beauty and a welcoming vibe. Located a short drive from Traverse City, Cedar offers quick access to Lake Michigan beaches and scenic byways on the Leelanau Peninsula.
The town?s Polish heritage shines at the annual Cedar Polka Fest, which brings live music, dancing, and classic pierogi to Main Street.

Things to Do and Local Flavor

Visitors will find cozy eateries, a beloved market, and seasonal farm stands showcasing the region?s famous Michigan cherries and local goods. Outdoor lovers base here to explore nearby Sleeping Bear Dunes National Lakeshore, with towering dunes, overlooks, and sandy trails.
Cycling quiet country roads, paddling inland lakes, and photographing fall color are favorite things to do in and around Cedar Michigan.

Outdoor Recreation and Wine Country

The area sits in the heart of Northern Michigan wine country, placing tasting rooms and vineyards within an easy, scenic drive.
Throughout the year, community events, live music, and farmers markets give this small town a friendly, authentic vibe.

Plan Your Visit

Lodging options range from rustic cabins and vacation rentals to boutique stays near the coast, making trip planning flexible for families and couples.
Whether you come for the Polka Fest, harvest season, or a peaceful weekend getaway, Cedar, Michigan delivers small-town charm with big outdoor adventure.



FAQ – Home Values in Cedar

What is the median home value in Cedar in 2026?

In 2026, the typical home value in Cedar is about $507,300 for an average home size of 3015 square feet. This corresponds to an average price of roughly $169 per square foot.

What is the average cost per square foot in Cedar?

In 2026, homes in Cedar sell for an average of around $169 per square foot, with a typical range between $168 and $168 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Cedar is about 3015 square feet, with an estimated 2026 value around $507,300.



Locations close to Cedar, MI

Central Lake, MI215 $ / ft²
Chase, MI85 $ / ft²
Copemish, MI409 $ / ft²
Buckley, MI150 $ / ft²
Brethren, MI144 $ / ft²
Boon, MI71 $ / ft²
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