What is the median home value in Cleveland Township, MI?
The median value of owner-occupied homes in Cleveland Township, MI is $442,400 (±$73,436), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Cleveland Township, the median home value went from $280,200 in 2015–2019 to $442,400 in 2020–2024 (+57.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $442,400 (±$73,436)
- Owner-occupied homes
- 467 (±59)
- Most common range
- $500,000 to $999,999
Home values in Cleveland Township
| Value | Cleveland Township | Leelanau County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 3.4% (±4.0 points) | 3.0% | 7.6% | 5.3% |
| $50,000 to $99,999 | 2.4% (±1.5 points) | 1.2% | 9.2% | 6.1% |
| $100,000 to $149,999 | 2.6% (±2.4 points) | 2.7% | 10.6% | 6.8% |
| $150,000 to $199,999 | 5.6% (±3.2 points) | 3.0% | 14.1% | 9.0% |
| $200,000 to $299,999 | 21.4% (±6.2 points) | 16.2% | 23.4% | 17.8% |
| $300,000 to $499,999 | 20.3% (±5.9 points) | 30.1% | 24.1% | 26.9% |
| $500,000 to $999,999 | 34.5% (±6.2 points) | 30.0% | 9.2% | 20.9% |
| $1,000,000 or more | 9.9% (±3.7 points) | 13.9% | 1.6% | 7.1% |
The most common range is $500,000 to $999,999, 34.5% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Cleveland Township against Leelanau County, its state and the nation
| Cleveland Township | Leelanau County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $442,400 (±$73,436) | $458,400 (±$13,150) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 467 (±59) | 8,837 (±256) | 2,984,190 (±12,886) | 84,210,142 |
In Cleveland Township, the median home value is not measurably different from Leelanau County ($458,400).
It is also higher than in Michigan ($231,600).
It is higher than the national figure ($332,700).
In Leelanau County, Cleveland Township ranks 6 of 11 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 46 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Cleveland Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $280,200 (±$33,126) | $442,400 (±$73,436) | +57.9% | Up after inflation |
| Median owner cost with a mortgage | $1,261 (±$154) | $1,835 (±$150) | +45.5% | Up after inflation |
| Median real estate taxes | $1,985 (±$218) | $2,703 (±$489) | +36.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Cleveland Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Cleveland Township | — | $442,400 (±$73,436) | — |
| Glen Arbor Township | 6.9 mi | $886,200 (±$137,010) | Higher |
| Centerville Township | 7.6 mi | $444,400 (±$56,902) | Not measurably different |
| Kasson Township | 8.6 mi | $402,600 (±$44,351) | Not measurably different |
| Empire Township | 11 mi | $452,500 (±$30,102) | Not measurably different |
| Solon Township (Leelanau County) | 11 mi | $376,100 (±$27,497) | Not measurably different |
| Empire | 12 mi | $456,300 (±$193,327) | Not measurably different |
| Suttons Bay | 13 mi | $523,200 (±$114,002) | Not measurably different |
| Bingham Township (Leelanau County) | 13 mi | $373,200 (±$29,326) | Not measurably different |
Nearby places with a measurably higher figure: Glen Arbor Township, MI ($886,200).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Leelanau County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Glen Arbor Township | $886,200 (±$137,010) |
| 2 | Leland Township | $675,900 (±$134,619) |
| 3 | Leelanau Township | $569,400 (±$81,983) |
| 4 | Empire Township | $452,500 (±$30,102) |
| 5 | Centerville Township | $444,400 (±$56,902) |
| 6 | Cleveland Township | $442,400 (±$73,436) |
| 7 | Suttons Bay Township | $440,500 (±$57,331) |
| 8 | Elmwood Charter Township | $436,400 (±$32,385) |
| 9 | Kasson Township | $402,600 (±$44,351) |
| 10 | Solon Township (Leelanau County) | $376,100 (±$27,497) |
| 11 | Bingham Township (Leelanau County) | $373,200 (±$29,326) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cleveland Township
What is the average home value in Cleveland Township, MI?
The Census Bureau publishes the median: $442,400 (±$73,436) for owner-occupied homes in Cleveland Township (2020–2024 American Community Survey).
Have home values in Cleveland Township gone up?
In Cleveland Township, the median home value went from $280,200 in 2015–2019 to $442,400 in 2020–2024 (+57.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Cleveland Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cleveland township, Leelanau County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cleveland township, Leelanau County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Cleveland township, Leelanau County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Cleveland township, Leelanau County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cleveland township, Leelanau County, Michigan (county subdivision:16400, in state:26 county:089).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cleveland Township at a glance
- Income and affordability in Cleveland Township
- Homeowner costs in Cleveland Township
- Property taxes in Cleveland Township
- Types of homes in Cleveland Township
- Bedrooms in Cleveland Township
- Age of homes in Cleveland Township
- Heating fuel in Cleveland Township
- Commute and cars in Cleveland Township
- Population growth in Cleveland Township
- How long people stay in Cleveland Township
- Michigan landlord and tenant rules
- Housing across Leelanau County
- Michigan places ranked by median home value
- Housing data for every place in Michigan