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Featured local agent — Calumet, MI
Sarah Mitchell
Compass Real Estate · Calumet, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Calumet, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$159,900median sale price
How is the Calumet, MI housing market right now?
The median home sale price in Calumet, MI is $159,900. Homes sell in an average of 119 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Calumet a buyer's or seller's market?
Calumet, MI is currently a buyer's market and homes selling in about 119 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
119
Average pace
Active listings
—
Sale-to-list
94.1%
Below asking
What does the Calumet housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $159,900 |
| Average days on market | 119 days |
| Sale-to-list price ratio | 94.1% |
| Median price per sq ft | $94/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Calumet by property type?
How the Calumet, 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 | $159,900 | $94/sq ft | 1 | 119 days |
Source: Redfin · Updated monthly
The Calumet housing market is currently classified as a buyer's market with a median sale price of $159,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 119 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Homes for sale in Calumet
Explore homes currently listed for sale in Calumet, Michigan across major real estate platforms.
Who lives in Calumet?
Population
676
Median income
$25,234/yr
Median age
37.5 years
Owner-occupied
28.1%
College grads
25.2%
Avg commute
15.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Calumet?
Zillow home value
$149,065
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Calumet?
Calumet is a community of approximately 1K residents with a median age of 37.5 years.The median household income is $25,234, which represents a working-class community with solid middle-income opportunities. 25.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 28.1%, showing a blend of owner and renter-occupied properties. The average commute time is 15.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Calumet offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Calumet?
4 schools tracked · 1,630 students
The largest public schools serving Calumet, 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.
CLK Elementary School
Grades K-5 · 504 students
Calumet High School
Grades 9-12 · 499 students
Copper Island Academy
Grades K-8 · 350 students
Washington Middle School
Grades 6-8 · 277 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 Calumet, MI?
Want a head-to-head view? Compare Calumet side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Calumet?
The median home sale price in Calumet is $159,900, down 0.0% from last year.
How long do homes stay on market in Calumet?
Homes typically spend 119 days on market before going under contract.
What is the median income in Calumet?
The median household income is $25,234 per year.
What is the Zillow home value estimate for Calumet?
The Zillow Home Value Index (ZHVI) for Calumet is $149,065, representing the typical home value in the area.
How much does a single-family home cost in Calumet?
The median single-family home price in Calumet, MI is $159,900 (about $94 per square foot).
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