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Featured local agent — Caledonia, MI
Sarah Mitchell
Compass Real Estate · Caledonia, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Caledonia, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$439,675median sale price
How is the Caledonia, MI housing market right now?
The median home sale price in Caledonia, MI is $439,675, up 20.5% year-over-year. Homes sell in an average of 7 days with 2 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Caledonia a buyer's or seller's market?
Caledonia, MI is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
7
Fast-moving
Active listings
2
1.0 months supply
Sale-to-list
98.5%
Below asking
What does the Caledonia housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $439,675 |
| Median list price | $484,700 |
| Year-over-year price change | +20.5% |
| Average days on market | 7 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $218/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Caledonia by property type?
How the Caledonia, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $539,350 | $210/sq ft | 1 | 4 days |
| Condo / Co-op | $340,000 | $226/sq ft | 1 | 9 days |
Source: Redfin · Updated monthly
The Caledonia housing market is currently classified as a strong seller's market with a median sale price of $439,675. Prices have risen 20.5% compared to last year, with homes spending an average of 7 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Caledonia
There are currently 2 homes listed for sale in Caledonia, Michigan. The median listing price is $485K.
Active listings
2
Homes on market
Median list price
$485K
Avg. days on market
7
Days until sale
New this week
4
Newly listed
Who lives in Caledonia?
Population
1,936
Median income
$114,167/yr
Median age
35.5 years
Owner-occupied
74.2%
College grads
58.7%
Avg commute
32.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Caledonia?
Zillow home value
$473,599
Zillow rent index
$2,020/mo
Price-to-rent ratio
19.5x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Caledonia?
Caledonia is a community of approximately 2K residents with a median age of 35.5 years.The median household income is $114,167, which reflects a relatively affluent area with strong earning potential. 58.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 74.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Caledonia offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Caledonia?
10 schools tracked · 4,802 students
The largest public schools serving Caledonia, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Caledonia High School
Grades 9-12 · 1,427 students
Kraft Meadows Intermediate School
Grades 5-6 · 714 students
Duncan Lake Middle School
Grades 7-8 · 702 students
Explorer Elementary
Grades K-5 · 563 students
Emmons Lake Elementary School
Grades K-4 · 400 students
Paris Ridge Elementary
Grades K-4 · 317 students
Caledonia Elementary School
Grades K-4 · 308 students
Dutton Elementary School
Grades PK-4 · 299 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Caledonia, MI?
Want a head-to-head view? Compare Caledonia side-by-side with any other U.S. city using our market-comparison tool.
Is Caledonia a good real estate investment market?
For investors evaluating Caledonia, the price-to-rent ratio of 19.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 20.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Caledonia's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Caledonia's median home price.
Frequently asked questions
What is the average home price in Caledonia?
The median home sale price in Caledonia is $439,675, up 20.5% from last year.
How long do homes stay on market in Caledonia?
Homes typically spend 7 days on market before going under contract.
What is the median income in Caledonia?
The median household income is $114,167 per year.
Is Caledonia a buyer's or seller's market?
With 1.0 months of supply, Caledonia is currently a strong seller's market.
What is the Zillow home value estimate for Caledonia?
The Zillow Home Value Index (ZHVI) for Caledonia is $473,599, representing the typical home value in the area.
What is the median condo price in Caledonia?
The median condo/co-op sale price in Caledonia, MI is $340,000, compared to $539,350 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Caledonia?
The median single-family home price in Caledonia, MI is $539,350 (about $210 per square foot).
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