Lake LeAnn, MI

Full City Profile · Michigan · Jackson County County

4.2 /5.0
A Great
1,522 Population 917/sq mi density
$85,417 Median Income $49,200 per capita
$258,400 Home Value $242,476 Zillow
49°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A
Economy
4.3 / 5.0
$85,417 median income, 4.9% unemployment
A+
Affordability
5.0 / 5.0
$258,400 home value, /mo rent
B
Education
3.4 / 5.0
30.2% bachelor's degree or higher

Housing Overview

Median Home Value
$258,400
8% below
US avg: $281,900
Homeownership Rate
98.8%
51% above US avg (65.4%)
Total Housing Units
917
Median year built: 1981

Home Value by Source

Census Median
$258,400
Zillow (ZHVI)
$242,476
Redfin Median Sale
$281,450
Median Sale Price
$281,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

98.8%
Owner-Occupied
1.2%
Renter-Occupied
99%
1%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo

Market Indicators (Redfin)

Median Sale Price
$281,450
Median Days on Market
94 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$187
Active Inventory
9
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
98.8%

Complete Housing Data

Home Values

Census Median Value$258,400
Zillow Home Value (ZHVI)$242,476
Redfin Median Sale$281,450
Median Sale Price$281,450
Price Per Sq Ft$187

Rent

FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market94
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold4
Active Inventory9
Price Per Sq Ft$187

Ownership & Stock

Owner-Occupied98.8%
Renter-Occupied1.2%
Homeownership Rate98.8%
Total Housing Units917
Median Year Built1981
Rent Burden28.6%