Caledonia, MI Home Values & Market Trends
Real estate market trends reflect that there have been 411 transactions over the past year in Caledonia. The median value for residential home transactions that occurred over the previous year is $401,315.21. The number of current listings in Caledonia is 31, and the percentage of properties for sale in the city is 31.00%. Caledonia, MI currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 31 properties for sale.
Caledonia, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 49316 | $ 393,250 $ 184/sqft |
Housing Market Summary for Caledonia, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $449K | $386.8K | -13.86% |
| Median Sold Price | $380K | $386.8K | 1.78% |
| Homes For Sale | 44 | 29 | -34.09% |
| Homes Sold | 258 | 204 | -20.93% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Caledonia, MI
Browse Homes in Caledonia, MI
Caledonia home values range from $26,353 to $8,070,435. The median estimated value of a home in Caledonia is $401,315.21. The median list price of a home is 394,900, and the total count of properties in the city is 8,257.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Caledonia, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Caledonia, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Caledonia, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Caledonia, MI. There is 1 zips within Caledonia, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49316 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Caledonia, MI. Auction homes and other auction properties account for 0.02% of all properties in Caledonia, MI. There is 1 zips within Caledonia, MI; of that zips, the median estimated home value for homes going to auction ranges from $412,067 in 49316 to the lowest value of $323,449 in 49316.
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Guide for Caledonia, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
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