Le Roy, Michigan.
Typical home $206,700 (+4.8% in a year).
to buy the typical home at today's mortgage rate — +$636 (+142%) since Jan 2020.
- 1 year
- Up $9,518 +5%
- $197,182$206,700 since Sep 2025
- 5 years
- Up $31,151 +18%
- $175,548$206,700 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Le Roy$1,085
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in Le Roy, MI rose 4.8% over the past year — faster than the nation's +1.2%.
Living in Le Roy, Osceola County, Michigan
Le Roy is a village of 260 people in Osceola County. Half its households earn more than $70,250 a year and half less, against $58,267 across Osceola County; 6% of its people live below the poverty line. 96% of its homes are lived in by their owners and 4% are rented. Unemployment in Osceola County was 5.2% in August 2026, and the county had 4.0% fewer jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Le Roy is a small village in Osceola County, Michigan, and nearly everyone who lives here owns their home. Household incomes run higher than across the county, and fewer people live below the poverty line than the county average would suggest. Winters are cold and snowy, with January the coldest month, and summers are warm; precipitation comes as rain and melted snow spread through the year.
Work. Residents work mainly in manufacturing, in schools, hospitals and social care, in shops, and in the building trades. Across Osceola County, some of the largest workplaces are The Hydaker-Wheatlake Company, which builds power line infrastructure, Ventra Evart, which assembles vehicle bumpers, and Yoplait-Lactalis, a yogurt maker. Job numbers across the county have slipped over the past year, and the unemployment rate there has eased compared with a year earlier. Fewer adults hold a four-year degree than in many places, and the usual trip to work is of moderate length, with some people working from home.
Things to do. Water and woods are the main draw nearby, all a longer drive away. Lake Cadillac and Lake Mitchell are lakes for boating and fishing, and Mitchell State Park is a protected area on the shore. Manistee National Forest offers a large stretch of woodland for hiking and getting outdoors, and Caberfae Peaks Ski & Golf Resort is a ski area for the colder months.
Report a mistake
- 14%of adults have a degree
- 6%below the poverty line
- 25 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Osceola County had 7,692 jobs in 2025, 4.0% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 27° and lows near 11°; warmest in July, with highs near 79° and lows near 57°. About 37 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Cadillac 9&10 News weather station, 12 miles away (NOAA).
Largest workplaces in Osceola County
- The Hydaker-Wheatlake CompanyTransmission and distribution line construction1,287
- Utility Supply & ConstructionTransmission and distribution line construction1,261
- Ventra EvartBumpers and bumperettes assembled, automotive, truck, and bus, manufacturing601
- Yoplait-LactalisYogurt mix manufacturing414
- General Mills Yoplait Reed CityBeverages, dietary, dairy and nondairy based410
- Power Line SupplyTransmission and distribution line construction373
- Lume CultivationHydroponic crop farming202
- Reed City Area Public SchoolsSchool district194FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 28 workplaces with 20 or more staff, 5,988 people in all across the county; Le Roy has none of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Strong windRelatively high
- LightningRelatively high
- Cold wavesRelatively high
- HailRelatively moderate
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Le Roy’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Osceola County.
Le Roy home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Le Roy$206,700
- Michigan$263,760
- United States$366,157
Sellers are cutting prices on about 1 in 5 Le Roy listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Le Roy19.21%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Le Roy23
New listings per month
Sellers arriving at the market.
- Le Roy6
Zip codes with a Le Roy address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Le Roy — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.