House Prices

House Prices & Home Values Leonard, MI 2026


Average Data

average house price$487,698
average size per house2819 ft²
average price per ft²174 $ / ft²

04/15/2026 - The value range (VR) for house prices in Leonard, MI is $171/ sqft to $171/ sqft. An average home with 2819 sqft costs approximately $482,049 to $482,049. Leonard, MI includes 1 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48367, while the highest are in ZIP 48367. The average price per sqare feet is $174. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Leonard

48367179 $ / ft²




Historical development of home values in Leonard

Year Estimated value (USD) Change vs. 2025
2010 $226,496 -53.6%
2011 $217,737 -55.4%
2012 $217,151 -55.5%
2013 $225,267 -53.8%
2014 $236,469 -51.5%
2015 $248,605 -49.0%
2016 $261,579 -46.4%
2017 $275,698 -43.5%
2018 $290,940 -40.3%
2019 $304,430 -37.6%
2020 $320,168 -34.4%
2021 $364,156 -25.3%
2022 $424,524 -13.0%
2023 $447,681 -8.2%
2024 $473,580 -2.9%
2025 $487,698 0.0%

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



Example: 100% financing house in Leonard

Loan amount: $487,698

Interest rate: 6.00%

Fixed monthly payment: $2,924.00

Breakdown in the 1st month:
Interest portion: $2,438.49  –  Principal portion: $485.51

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,098.96 $5,988.99 $481,709.01
2 $28,729.57 $6,358.38 $475,350.64
3 $28,337.40 $6,750.55 $468,600.09
4 $27,921.05 $7,166.91 $461,433.18
5 $27,479.01 $7,608.95 $453,824.24
6 $27,009.70 $8,078.25 $445,745.99
7 $26,511.45 $8,576.50 $437,169.49
8 $25,982.47 $9,105.48 $428,064.02
9 $25,420.87 $9,667.08 $418,396.93
10 $24,824.62 $10,263.33 $408,133.61
11 $24,191.60 $10,896.35 $397,237.26
12 $23,519.54 $11,568.41 $385,668.85
13 $22,806.03 $12,281.92 $373,386.93
14 $22,048.51 $13,039.45 $360,347.48
15 $21,244.26 $13,843.69 $346,503.79
16 $20,390.41 $14,697.54 $331,806.26
17 $19,483.90 $15,604.05 $316,202.20
18 $18,521.48 $16,566.47 $299,635.73
19 $17,499.69 $17,588.26 $282,047.47
20 $16,414.89 $18,673.06 $263,374.41
21 $15,263.17 $19,824.78 $243,549.63
22 $14,040.43 $21,047.53 $222,502.11
23 $12,742.26 $22,345.69 $200,156.42
24 $11,364.03 $23,723.92 $176,432.49
25 $9,900.79 $25,187.16 $151,245.33
26 $8,347.30 $26,740.65 $124,504.68
27 $6,697.99 $28,389.96 $96,114.72
28 $4,946.96 $30,140.99 $65,973.73
29 $3,087.93 $32,000.02 $33,973.71
30 $1,114.24 $33,973.71 $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 Leonard, MI


1500 sqft3900 sqft
Ø selling price$315,810$671,814
Ø fast selling$287,100$604,633
Ø high price sale$344,520$738,996

In 2026, houses in Leonard, MI will be offered at an average price of $174 per square foot. A 1,500 sqft home priced at $315,810 is 23.97% more expensive per square foot than a 3,900 sqft home priced at $671,814. Home prices in Leonard, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $465,103. Sellers who can wait longer may achieve a higher price of up to $568,459.


Explore Leonard, MI

Overview

Leonard, Michigan is a small village in Addison Township, Oakland County, known for rural charm and a friendly community.
The village center features a classic Main Street atmosphere with locally owned businesses and community gathering spots.

Outdoor Recreation

Situated along the scenic Polly Ann Trail, Leonard offers easy access to biking, walking, and equestrian paths for year-round recreation.
Families appreciate the highly regarded Oxford Community Schools that serve much of the area, as well as nearby parks like Addison Oaks County Park for camping, fishing, and disc golf.
Nature lovers enjoy birding, cross-country skiing, and stargazing thanks to low light pollution and abundant green spaces.

Community & Events

Annual events, including the beloved Leonard Strawberry Festival, celebrate small-town traditions and bring neighbors together.

Real Estate & Lifestyle

Homes for sale in Leonard, MI range from historic farmhouses and country estates to newer builds on spacious lots.
With ZIP code 48367, the area provides a peaceful lifestyle while remaining close to shopping and dining in Oxford, Lake Orion, and Rochester.

Getting Around

Commuters value convenient connections via M-24 and I-75 to major employment hubs across Metro Detroit.

Why Leonard?

Whether you?re planning a weekend visit or a permanent move, Leonard, MI blends outdoor adventure, community spirit, and Michigan small-town charm with plenty of things to do in Leonard, Michigan.



FAQ – Home Values in Leonard

What is the median home value in Leonard in 2026?

In 2026, the typical home value in Leonard is about $487,698 for an average home size of 2819 square feet. This corresponds to an average price of roughly $174 per square foot.

What is the average cost per square foot in Leonard?

In 2026, homes in Leonard sell for an average of around $174 per square foot, with a typical range between $171 and $171 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 Leonard is about 2819 square feet, with an estimated 2026 value around $487,698.



Locations close to Leonard, MI

Oxford, MI170 $ / ft²
Novi, MI192 $ / ft²
Milford, MI196 $ / ft²
Oakland, MI192 $ / ft²
Lake Orion, MI166 $ / ft²
Highland, MI141 $ / ft²
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