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Oltersdorf Realty - Leelanau County & Traverse City Real Estate

Leelanau County & Traverse City Real Estate
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Search Residential Listings | Northern Great Lakes REALTORSยฎ MLS

CLICK HERE TO SEARCH ALL LEELANAU, TRAVERSE CITY, GRAND TRAVERSE, ANTRIM, BENZIE, & KALKASKA REAL ESTATE LISTINGS IN A NEW WINDOW ON THE TRAVERSE CITY AREA ASSOCIATION OF REALTORS WEBSITE! SEARCH HOMES, CONDOS, WATERFRONT, CITY, ACREAGE, VACANT, RESIDENTIAL, COMMERCIAL, GRAND TRAVERSE BAY, LAKE MICHIGAN, LAKE LEELANAU, CITY OF TRAVERSE CITY, REALTOR, & MORE!

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View fullsize JUST SOLD | $425,000 - 10829 N Shore Dr, Northport, MI – Unique Octagon Home on 1.61 Acres in the Village of Northport! Listed by Jonathan & Vicky Oltersdorf. Selling Agent: Vicky Oltersdorf
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#leelanaurealestate #leelanaurealtors #oc
View fullsize JUST SOLD ON 5/15/26- Off Market Deal - Sold by Vicky & Jonathan Oltersdorf - 1564 N West Bay Shore Drive, Suttons Bay, MI – 3 Bedroom Ranch with 275’ of Sandy Private Frontage on Suttons Bay! ๐Ÿ˜๐Ÿ–๏ธ. 
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#suttonsbay #leelanau #le
View fullsize JUST SOLD in Silver Farms, Traverse City | $710,000 Ask Price – 3378 Silver Farms, Traverse City, MI – 3 Bedroom, 3.5 Bath, 3,100 sq ft 2 story home on 0.60 acres in Silver Farms, close to Downtown Traverse City!!! Buyer Agent -> Jonat
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View fullsize OUR NEW LISTING | $1,850,000 - 3784 S Lee Point Road, Suttons Bay, MI – Ranch Home with 200’ of Private Pristine Sandy Bottom Beach on West Bay! Visit Oltersdorf.com or call Vicky & Jonathan at 231-271-7777 for more info!
View fullsize OUR NEW LISTING | $350,000 – 11.31 Acres – E Smiseth Road, Suttons Bay, MI – Exceptionally rare large-acreage parcel within the Village of Suttons Bay, backing directly to 20 acres of Village-owned parkland (Bahle Park)! Contact Jon
View fullsize OUR NEW LISTING | $559,000 - 7196 S West Bay Shore Drive, Traverse City, MI – 3 Bedroom Home with Extensive Updates & Beautiful Landscaping! Visit Oltersdorf.com or call 231-271-7777 for more info!
View fullsize OUR NEW LISTING | $398,500 - 10829 N Shore Dr, Northport, MI – Unique Octagon Home on 1.61 Acres in the Village of Northport! Visit Oltersdorf.com or call 231-271-7777 for more info.
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#leelanaurealestate #leelanaurealtors #octagon #octag
View fullsize OUR NEW LISTING | $139,500 – 2164 N Belanger Creek Drive, Suttons Bay, MI – 1.84 Acre Creekside Building Site! Visit Oltersdorf.com or Contact Vicky for more info: 231-632-1800.
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#ForSale #SuttonsBay #BelangerCreek #Leelanau #S
View fullsize OUR NEW LISTING | $198,500 – 2171 N Belanger Creek Drive, Suttons Bay, MI – 2.05 Acre Creekside Building Site! Visit Oltersdorf.com or Contact Vicky for more info: 231-632-1800.
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#ForSale #SuttonsBay #BelangerCreek #Leelanau #S
View fullsize OUR NEW LISTING | $89,400 – 2155 N Belanger Creek Drive, Suttons Bay, MI – 1.29 Acre Water View Lot! Visit Oltersdorf.com or Contact Vicky for more info: 231-632-1800. 
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#ForSale #SuttonsBay #BelangerCreek #Leelanau #SuttonsBay
View fullsize OUR NEW LISTING | $210,000 – 1881 N Blue Water Ct, Suttons Bay, MI – Panoramic Water View Lot! Visit Oltersdorf.com for more info or call 231-271-7777!
View fullsize JUST SOLD in Downtown Traverse City | $505,000 - 1101 Jefferson Ave, Traverse City, MI – 2 Bedroom Ranch on an Oversized 195’ x 50’ Downtown Lot! Listing Agent --> Jonathan Oltersdorf
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#TraverseCity #TraverseCityRealEs
View fullsize Why Vacant Land Is Becoming Hard to Find in Leelanau County ๐Ÿ‘‡Scroll for 4 data charts -> 

Leelanau County’s vacant land inventory didn’t get tight by accident.

For most of the past 15 years, very few large-scale new developments wer
View fullsize ๐Ÿ“Š Less than half of Leelanau County homes are occupied year-round — and that hasn’t changed much in 15 years.

This chart shows the Principal Residence Exemption (PRE) trend from 2010–2025, a key indicator of how many properties ar
View fullsize 2025–2026 Leelanau County Home Inventory: Why Low Supply Is Still Defining the Market

As of January 29, 2026, there are just 55 homes for sale in the entire county — that’s roughly a ±2-month supply.

For context:
• A b
View fullsize What did Leelanau County homebuyers actually buy in 2025—and where did the money go?

Here’s the short version ๐Ÿ‘‡
๐Ÿก 21% waterfront, 13% condo's, 12% water view, 10% 5+ acres....
๐ŸŒŠ Waterfront still mattered… just not as much as yo
View fullsize ๐Ÿ’ฐ Cash or financing? Leelanau County Home Sales in 2025: How 375 Buyers purchased their home->

๐Ÿ“Š 375 home sales in 2025
๐Ÿฆ 55% financed
๐Ÿ’ต 45% cash
๐Ÿ“‰ Avg 30-yr rate: 6.60%

Cash still matters, but financed buyers are very much back. If you&rsq
View fullsize Where did 2025 Leelanau County homebuyers come from? ๐Ÿ“--> scroll for more data and visit Oltersdorf.com/blog 

Short answer: not just from here.

In 2025, there were 375 total homebuyers in Leelanau County. Only 43% came from Leelanau or Grand Tr
View fullsize ๐Ÿ“Š **Leelanau County Real Estate | 2025 Year-End Update**

Unlike Grand Traverse County, this market didn't level off. Leelanau County real estate continues to out perform. 

๐Ÿก **Homes Sold:** 375
โžก๏ธ Up **+10.95%** from 2024

๐Ÿ’ฐ **Total Sales Volume

Copyright ยฉ 2026, Oltersdorf Realty, LLC. All rights reserved. 231-271-7777 | realestate@oltersdorf.com | The information contained on this website has been furnished by our Sellerโ€™s and/or other sources. Every effort has been made to provide accurate information but we are unable to guarantee any information and recommend that the purchaser verify all information before closing.