Market file · Leelanau County, Michigan

Cedar home appraisals

Solon Township

How much is a home in Cedar worth? Zillow's typical value was $521,366 in September 2026, up 2.3% year over year. Solon Township, home to Cedar, had 1,562 residents in 2020, and about 19% of its land was in active farming in 2023. South Lake Leelanau frontage and farm acreage drive value.

$521,366Typical Cedar home value, September 2026 (Zillow Home Value Index)

1,562Solon Township population, 2020 census (Wikipedia)

3,213 acresActive agricultural land, about 19% of township land, 2023 (Solon Township master plan)

$541,2872026 FHA one unit loan limit, Leelanau County (Homebuyer.com, citing HUD)

Close to the FHA limit

Zillow's typical home value for Cedar was $521,366 as of September 30, 2026, up 2.3% year over year. That sits close to the 2026 FHA one unit limit of $541,287 for the county. The county's 2020 to 2024 ACS median owner value was $458,400. The township master plan names Lake Leelanau as its major surface water.

Lake frontage on one side, working farmland on the other. Lot size, zoning district and water access each need their own look.

South Lake Leelanau and working farms

Solon Township holds several miles of Lake Leelanau frontage at the south end of the lake, around Fouch and the summer colony at Perrin's Landing. Away from the water, the township is rural: 3,213 acres were in active farming in 2023. The 2020 census counted 796 housing units, 88.3% of occupied units owned, and 76% of vacant units held for seasonal use. There are no schools in the township; homes fall in Glen Lake Community School or Traverse City Area Public Schools, depending on location. Cedar is about 10 miles northwest of Traverse City.

Areas, lakes and neighborhoods in this file

Cedar
Fouch
Solon
Perrin's Landing
Cedar Cove Estates
Hidden Beech
South Lake Leelanau shoreline
Victoria Creek
Cedar Run Creek
Maple City
Isadore

Landmarks around Cedar

Lake LeelanauInland lake

Common questions

Which school district serves Solon Township homes?

The township has no schools of its own. It is split between Glen Lake Community School and Traverse City Area Public Schools, and it is part of the Traverse Bay Area Intermediate School District. Because two districts serve the area, the district for each parcel should be checked before comparable sales are picked.

How is farmland appraised around Cedar?

Solon Township had 3,213 acres of active agricultural land in 2023, about 19% of its land. Zoning districts include Agricultural Conservation and two Residential Agriculture districts. A rural parcel is valued against sales with similar acreage, zoning and use, and a home site with farm acreage may need land sales as well as home sales.