Glen Arbor, MI housing market
The typical Glen Arbor home is worth about $663,000, up 4.1% in a year, 149% above the Michigan typical home. Homes typically sell in 71 days, below asking.
Home values, sales, trends and how Glen Arbor compares with the towns next door — updated as new data is published.
Glen Arbor at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Glen Arbor | Michigan |
|---|---|---|
| 2017 | $337,000 | $144,000 |
| 2018 | $367,000 | $155,000 |
| 2019 | $362,000 | $165,000 |
| 2020 | $390,000 | $175,000 |
| 2021 | $422,000 | $194,000 |
| 2022 | $521,000 | $217,000 |
| 2023 | $566,000 | $230,000 |
| 2024 | $577,000 | $241,000 |
| 2025 | $618,000 | $253,000 |
| 2026 | $649,000 | $262,000 |
| August 2026 | $663,000 | $266,000 |
Glen Arbor and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Glen Arbor | $663K | +4.1% | $1,530 | $109,500 |
| Empire | $644K | +4% | $1,400 | $94,821 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,530
HUD's Fair Market Rent for a two-bedroom in Glen Arbor is $1,530 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Glen Arbor pay a median of $1,073, so moving in tends to cost more than staying put.
Studio $1,130 · 4 bedrooms $2,020
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49630, 49636, 49654, 49664; Leelanau County, MI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.