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Featured local agent — Carleton, MI
Sarah Mitchell
Compass Real Estate · Carleton, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carleton, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$307,450median sale price
How is the Carleton, MI housing market right now?
The median home sale price in Carleton, MI is $307,450, up 26.5% year-over-year. Homes sell in an average of 33 days with 3 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 Carleton a buyer's or seller's market?
Carleton, MI is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
33
Average pace
Active listings
3
1.5 months supply
Sale-to-list
106.6%
Above asking
What does the Carleton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $307,450 |
| Median list price | $190,000 |
| Year-over-year price change | +26.5% |
| Average days on market | 33 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 106.6% |
| Median price per sq ft | $201/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Listings with a price cut | 66.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Carleton by property type?
How the Carleton, 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 | $307,450 | $201/sq ft | 2 | 33 days |
Source: Redfin · Updated monthly
The Carleton housing market is currently classified as a strong seller's market with a median sale price of $307,450. Prices have risen 26.5% compared to last year, with homes spending an average of 33 days on market, indicating 1.5 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 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Carleton
There are currently 3 homes listed for sale in Carleton, Michigan. The median listing price is $190K.
Active listings
3
Homes on market
Median list price
$190K
Avg. days on market
33
Days until sale
New this week
1
Newly listed
Who lives in Carleton?
Population
2,635
Median income
$63,826/yr
Median age
38.8 years
Owner-occupied
77.8%
College grads
9.7%
Avg commute
31.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Carleton?
Zillow home value
$339,489
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Carleton?
Carleton is a community of approximately 3K residents with a median age of 38.8 years.The median household income is $63,826, which represents a working-class community with solid middle-income opportunities. 9.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Carleton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Carleton?
7 schools tracked · 2,348 students
The largest public schools serving Carleton, 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.
Airport Senior High School
Grades 9-12 · 776 students
Wagar Junior High School
Grades 6-8 · 626 students
Joseph C Sterling Elementary School
Grades PK-4 · 364 students
Loren Eyler Elementary School
Grades PK-4 · 279 students
Wagar Middle School
Grades 5 · 234 students
Airport Center for Education
Grades K-12 · 60 students
Airport Middle College
Grades 9-12 · 9 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 Carleton, MI?
Want a head-to-head view? Compare Carleton side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Carleton?
The median home sale price in Carleton is $307,450, up 26.5% from last year.
How long do homes stay on market in Carleton?
Homes typically spend 33 days on market before going under contract.
What is the median income in Carleton?
The median household income is $63,826 per year.
Is Carleton a buyer's or seller's market?
With 1.5 months of supply, Carleton is currently a strong seller's market.
What is the Zillow home value estimate for Carleton?
The Zillow Home Value Index (ZHVI) for Carleton is $339,489, representing the typical home value in the area.
How much does a single-family home cost in Carleton?
The median single-family home price in Carleton, MI is $307,450 (about $201 per square foot).
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