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Featured local agent — Kalkaska, MI
Sarah Mitchell
Compass Real Estate · Kalkaska, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Kalkaska, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$194,900median sale price
How is the Kalkaska, MI housing market right now?
The median home sale price in Kalkaska, MI is $194,900, down 17.2% year-over-year. Homes sell in an average of 88 days with 9 active listings. The market is currently a balanced 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 Kalkaska a buyer's or seller's market?
Kalkaska, MI is currently a balanced market, based on 3.0 months of supply and homes selling in about 88 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
88
Average pace
Active listings
9
3.0 months supply
Sale-to-list
98.1%
Below asking
What does the Kalkaska housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $194,900 |
| Median list price | $340,000 |
| Year-over-year price change | -17.2% |
| Average days on market | 88 days |
| Active inventory | 9 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 98.1% |
| Median price per sq ft | $254/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Listings with a price cut | 11.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Kalkaska by property type?
How the Kalkaska, 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 | $194,900 | $254/sq ft | 3 | 88 days |
Source: Redfin · Updated monthly
The Kalkaska housing market is currently classified as a balanced market with a median sale price of $194,900. Prices have fallen 17.2% compared to last year, with homes spending an average of 88 days on market, indicating 3.0 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 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Kalkaska
There are currently 9 homes listed for sale in Kalkaska, Michigan. The median listing price is $340K.
Active listings
9
Homes on market
Median list price
$340K
Avg. days on market
88
Days until sale
New this week
2
Newly listed
Who lives in Kalkaska?
Population
2,370
Median income
$42,955/yr
Median age
40.1 years
Owner-occupied
60.1%
College grads
18.5%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Kalkaska?
Zillow home value
$213,626
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Kalkaska?
Kalkaska is a community of approximately 2K residents with a median age of 40.1 years.The median household income is $42,955, which represents a working-class community with solid middle-income opportunities. 18.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.1%, showing a blend of owner and renter-occupied properties. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Kalkaska offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Kalkaska?
4 schools tracked · 1,316 students
The largest public schools serving Kalkaska, 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.
Kalkaska Elementary School
Grades PK-5 · 501 students
Kalkaska High School
Grades 9-12 · 466 students
Kalkaska Middle School
Grades 6-8 · 309 students
Crawford School
Grades K-8 · 40 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 Kalkaska, MI?
Want a head-to-head view? Compare Kalkaska side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Kalkaska?
The median home sale price in Kalkaska is $194,900, down 17.2% from last year.
How long do homes stay on market in Kalkaska?
Homes typically spend 88 days on market before going under contract.
What is the median income in Kalkaska?
The median household income is $42,955 per year.
Is Kalkaska a buyer's or seller's market?
With 3.0 months of supply, Kalkaska is currently a balanced market.
What is the Zillow home value estimate for Kalkaska?
The Zillow Home Value Index (ZHVI) for Kalkaska is $213,626, representing the typical home value in the area.
How much does a single-family home cost in Kalkaska?
The median single-family home price in Kalkaska, MI is $194,900 (about $254 per square foot).
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