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EAST LEROY, MI 49051

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The EAST LEROY, MI real estate market (49051) currently shows 5 active listings, with 2 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 26 days on market compared to 69 days last year.

The median listing price has risen 8.9% year-over-year, from $358,750 to $390,500.

Whether you are buying or selling in EAST LEROY, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,970  ·  Density: 40.8/mi²  ·  Median household income: $77,083

Typical home value: $239,963  ·  Homeownership: 91.3%

Market Overview

Active Listings
5
⇧ 25% vs 4 last year
Pending
2
40% pending ratio
Median Price
$390,500
⇧ 8.9% vs $358,750 last year
Average Price
$413,833
⇧ 14.8% vs $360,400 last year
Days on Market
26
⇩ 62.3% vs 69 days last year

Price Per Square Foot

Median $/sqft
$188
⇧ 10.6% vs $170/sqft last year
Median Home Size
2,133 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 4 last year
  • Days on market: 26 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $390,500 (+8.9% YoY)
  • Average: $413,833 (+14.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.6 miles — 422 listings ($127,156,456 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49051East Leroy, MI 490510.0 mi3$1,087,500$362,500$362,500
49034Climax, MI 490346.0 mi2$684,800$342,400$342,400
49015Battle Creek, MI 490156.4 mi83$25,441,824$232,000$306,528
49033Ceresco, MI 490338.1 mi6$2,515,320$300,000$419,220
49037Battle Creek, MI 4903710.5 mi62$9,260,506$146,350$149,363
49094Union City, MI 4909411.2 mi16$4,993,840$197,450$312,115
49066Leonidas, MI 4906611.8 mi2$490,000$245,000$245,000
49012Augusta, MI 4901212.5 mi10$4,182,020$357,500$418,202
49048Kalamazoo, MI 4904814.7 mi62$13,780,740$187,500$222,270
49017Battle Creek, MI 4901715.0 mi73$17,632,931$215,000$241,547
49072Mendon, MI 4907216.3 mi7$1,788,199$195,000$255,457
49068Marshall, MI 4906816.5 mi56$21,425,376$277,788$382,596
49083Richland, MI 4908317.6 mi40$23,873,400$399,450$596,835

Frequently Asked Questions

How many homes are for sale in EAST LEROY, MI 49051?

As of February 2026, there are 5 active listings in EAST LEROY, MI (zip code 49051), compared to 4 the prior year.

What is the median home price in EAST LEROY, MI 49051?

The median listing price in EAST LEROY, MI 49051 is $390,500 as of February 2026, a 8.9% increase from $358,750 the prior year.

How long do homes stay on the market in EAST LEROY, MI?

Homes in EAST LEROY, MI 49051 spend an average of 26 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in EAST LEROY, MI 49051?

Based on current inventory and days-on-market data as of February 2026, EAST LEROY, MI 49051 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 26 days on market compared to 69 days last year.

How much can I save on real estate commission in EAST LEROY, MI?

With SELL123.com's maximum 3% commission, sellers in EAST LEROY, MI 49051 save an estimated $7,810 compared to a typical 5% commission on the median listing price of $390,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.