Is Leslie, MI 49251 a buyer’s or seller’s market?
Leslie is a seller’s market. With about 2.2 months of supply and 27% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 53% of U.S. ZIP codes, and #337 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Leslie housing market right now
In the three months ending August 31, 2026, 27% of homes in Leslie, MI 49251 sold above their list price, the typical home went under contract in 45 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold faster (57 days then) and the median sale price fell 21% to $244,894. Overall, Leslie is more competitive than a year ago, so tougher for buyers.
Within Ingham County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell less often over asking than in 93%. On our competition score, Leslie ranks #337 of 510 MI ZIP codes with enough sales (score 52 out of 100).
Nearby, Onondaga 49264 (63% sold over asking) and Holt 48842 (61% sold over asking) are even more competitive.
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Nearby markets
Dansville 48819Seller’s market $156 /sq ftEast Lansing 48823Seller’s market $173 /sq ftHaslett 48840Seller’s market $184 /sq ftHolt 48842Seller’s market $153 /sq ft Browse all markets →Towns like Leslie nearby
Find towns like Leslie in other states →Where Leslie is
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Questions about Leslie real estate
Is Leslie a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Leslie, MI 49251 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Leslie?
The typical home went under contract in 45 days in the latest three months.
Do homes in Leslie sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Leslie?
About 1.83% of a home’s value a year in Ingham County, or roughly $7,320 on a $400,000 home.
What is the median home price in Leslie?
The median sale price was $244,894 in the three months ending August 31, 2026, about $149 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology