Market file · Leelanau County, Michigan

Northport home appraisals

Leelanau Township

Leelanau Township covers the tip of the Leelanau Peninsula, with Lake Michigan on one side and Grand Traverse Bay on the other. It holds Northport and Omena and had 1,552 residents in 2020. In Northport the typical home was worth $857,523 in September 2026, up 6.1% year over year (Zillow).

$857,523Typical Northport home value, September 2026 (Zillow Home Value Index)

1,552Leelanau Township population, 2020 census (Wikipedia)

496Village of Northport population, 2020 census (Wikipedia)

131Slips at G. Marsten Dame Marina, Northport (Michigan DNR harbor guide)

Typical value above the conforming limit

Zillow's typical home value for Northport was $857,523 as of September 30, 2026, up 6.1% year over year. That is above the 2026 Leelanau County conforming loan limit of $832,750 and far above the county's 2020 to 2024 ACS median owner value of $458,400. Village lots near the marina and shoreline homes on the bay or the big lake trade in very different ranges.

At the end of M-22, about 29 miles from Traverse City, distance and seasonal demand count for more than in closer Leelanau towns.

A township that is mostly water

Leelanau Township is mostly water: 178.3 of its 227.6 square miles. That means two shorelines to price, Lake Michigan to the west and Grand Traverse Bay to the east, including Northport Bay and Omena Bay. Leelanau State Park takes up 1,550 acres at the tip around the Grand Traverse Lighthouse. Northport Point is a private gated summer community on Northport Bay, and Omena has wineries and farms growing cherries and hops. Northport Public School serves most of northern Leelanau County, and Northport sits about 29 miles from Traverse City.

Areas, lakes and neighborhoods in this file

Village of Northport
Northport Point
Omena
Omena Bay
Northport Bay
Gill's Pier
Cathead Bay
Cherry Home Shores
Leelanau State Park area
Fox Islands

Landmarks around Northport

Omena Historic DistrictHistoric district
Grand Traverse LightLighthouse at Leelanau State Park
Leelanau State ParkState park at the tip of the peninsula
Bellow IslandIsland in Grand Traverse Bay

Common questions

How is a gated summer community like Northport Point appraised?

Northport Point is a private, gated summer community on Northport Bay. Homes inside an association like this are best compared with other sales inside it, since shared amenities, rules and access differ from open shoreline. When few sales exist, the appraiser has to go further afield and explain the adjustments in the report.

Does Northport waterfront usually need a jumbo loan?

Often it does. Zillow's typical Northport value was $857,523 in September 2026, already above the 2026 Leelanau County conforming limit of $832,750. Bay and Lake Michigan frontage usually sells higher than the typical home. Shoreline comps matched by water body and frontage carry the most weight.