What is the median home value in Suttons Bay Township, MI?

The median value of owner-occupied homes in Suttons Bay Township, MI is $440,500 (±$57,331), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Suttons Bay Township, the median home value went from $314,500 in 2015–2019 to $440,500 in 2020–2024 (+40.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$440,500 (±$57,331)
Owner-occupied homes
989 (±95)
Most common range
$300,000 to $499,999

Home values in Suttons Bay Township

Owner-occupied homes by value, 2020–2024
ValueSuttons Bay TownshipLeelanau CountyMichiganUnited States
Less than $50,0000.9% (±1.1 points)3.0%7.6%5.3%
$50,000 to $99,9991.2% (±0.9 points)1.2%9.2%6.1%
$100,000 to $149,9992.0% (±1.6 points)2.7%10.6%6.8%
$150,000 to $199,9991.5% (±1.7 points)3.0%14.1%9.0%
$200,000 to $299,99915.0% (±6.3 points)16.2%23.4%17.8%
$300,000 to $499,99939.2% (±9.8 points)30.1%24.1%26.9%
$500,000 to $999,99934.1% (±9.1 points)30.0%9.2%20.9%
$1,000,000 or more6.1% (±3.3 points)13.9%1.6%7.1%

The most common range is $300,000 to $499,999, 39.2% 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.

Suttons Bay Township against Leelanau County, its state and the nation

Estimate (90% margin of error)
Suttons Bay TownshipLeelanau CountyMichiganUnited States
Median home value$440,500 (±$57,331)$458,400 (±$13,150)$231,600 (±$642)$332,700
Owner-occupied homes989 (±95)8,837 (±256)2,984,190 (±12,886)84,210,142

In Suttons Bay 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, Suttons Bay Township ranks 7 of 11 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 48 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Suttons Bay Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$314,500 (±$27,824)$440,500 (±$57,331)+40.1%No measurable change after inflation
Median owner cost with a mortgage$1,446 (±$134)$1,921 (±$177)+32.8%No measurable change after inflation
Median real estate taxes$2,860 (±$206)$3,752 (±$531)+31.2%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 Suttons Bay Township

Nearest places with a published estimate, compared with Suttons Bay Township
PlaceDistanceMedian home valueCompared with this place
Suttons Bay Township—$440,500 (±$57,331)—
Bingham Township (Leelanau County)5.7 mi$373,200 (±$29,326)Lower
Centerville Township8.5 mi$444,400 (±$56,902)Not measurably different
Peninsula Township9.1 mi$706,900 (±$91,169)Higher
Northport9.4 mi$295,200 (±$82,680)Lower
Leelanau Township11 mi$569,400 (±$81,983)Higher
Elmwood Charter Township12 mi$436,400 (±$32,385)Not measurably different
Elk Rapids13 mi$393,400 (±$34,393)Not measurably different
Elk Rapids Township13 mi$401,100 (±$49,386)Not measurably different

Nearby places with a measurably lower figure: Bingham Township (Leelanau County), MI ($373,200), Northport, MI ($295,200).

Nearby places with a measurably higher figure: Peninsula Township, MI ($706,900), Leelanau Township, MI ($569,400).

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

RankPlaceMedian home value
1Glen Arbor Township$886,200 (±$137,010)
2Leland Township$675,900 (±$134,619)
3Leelanau Township$569,400 (±$81,983)
4Empire Township$452,500 (±$30,102)
5Centerville Township$444,400 (±$56,902)
6Cleveland Township$442,400 (±$73,436)
7Suttons Bay Township$440,500 (±$57,331)
8Elmwood Charter Township$436,400 (±$32,385)
9Kasson Township$402,600 (±$44,351)
10Solon Township (Leelanau County)$376,100 (±$27,497)
11Bingham Township (Leelanau County)$373,200 (±$29,326)

The figures for Suttons Bay Township include the places inside it that have pages of their own: Suttons Bay.

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 Suttons Bay Township

What is the average home value in Suttons Bay Township, MI?

The Census Bureau publishes the median: $440,500 (±$57,331) for owner-occupied homes in Suttons Bay Township (2020–2024 American Community Survey).

Have home values in Suttons Bay Township gone up?

In Suttons Bay Township, the median home value went from $314,500 in 2015–2019 to $440,500 in 2020–2024 (+40.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Suttons Bay 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

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 Suttons Bay township, Leelanau County, Michigan (county subdivision:77620, 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.

Request a Census API 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 .

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