Is Glen Arbor, MI 49636 a buyer’s or seller’s market?
Glen Arbor is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Glen Arbor housing market right now
In the three months ending August 31, 2026, 33% of homes in Glen Arbor, MI 49636 sold above their list price, the typical home went under contract in 21 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (17 days then) and the median sale price rose 132% to $2,774,799. Overall, Glen Arbor is more competitive than a year ago, so tougher for buyers.
Within Leelanau County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Cedar 49621 (12% sold over asking) or Northport 49670 (12% sold over asking).
Run the numbers for 49636
Nearby markets
Cedar 49621Buyer’s market $278 /sq ftEmpire 49630Balanced $336 /sq ftLake Leelanau 49653Seller’s market $386 /sq ftLeland 49654Balanced $674 /sq ft Browse all markets →Where Glen Arbor is
Loading map…
Questions about Glen Arbor real estate
Is Glen Arbor a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Glen Arbor, MI 49636 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 Glen Arbor?
The typical home went under contract in 21 days in the latest three months.
Do homes in Glen Arbor sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.
What are property taxes in Glen Arbor?
About 0.68% of a home’s value a year in Leelanau County, or roughly $2,720 on a $400,000 home.
What is the median home price in Glen Arbor?
The median sale price was $2,774,799 in the three months ending August 31, 2026, about $1,296 per square foot.
Local agents
See all agents in 49636 →No sponsored agents in 49636 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 49636
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology