4 Homes In Leelanau Under $250k: Inside The Desperate Hunt For Affordable Housing
By Emily Tyra | May 10, 2021
The tsunami of people buying property on the Leelanau Peninsula — many second-home shoppers from downstate and out of state — have led to bidding wars and a surreal house-hunting experience not unlike a gameshow. But for young locals seeking a path toward home ownership in their home county, this overheated market has forced what was already a precarious position into one much more dire.
There’s an inventory issue, certainly; but it’s most glaring in the starter home range, specifically: As of press time, there were 99 single family homes listed in Leelanau County (the majority with contingent offers or pending sales). Of those, there were 20 single family homes ...
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