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Caledonia, MI

Full City Profile · Michigan · Barry County County

4.0 /5.0
A Great
1,936 Population 1,445/sq mi density
$114,167 Median Income $47,006 per capita
$325,100 Home Value $448,750 Zillow
$1,057 Median Rent 34.3% income on rent
48°F Avg Temperature 260 sunny days/yr
358 Violent Crime/100K 2,902 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$114,167 median income, 0.3% unemployment
A+
Affordability
5.0 / 5.0
$325,100 home value, $1,057/mo rent
F
Safety
1.0 / 5.0
358 violent crimes/100K
A+
Education
5.0 / 5.0
58.7% bachelor's degree or higher

Housing Overview

Median Home Value
$325,100
15% above
US avg: $281,900
Median Rent
$1,057/mo
9% below
US avg: $1,163/mo
Homeownership Rate
74.2%
13% above US avg (65.4%)
Total Housing Units
728
Median year built: 1981

Home Value by Source

Census Median
$325,100
Zillow (ZHVI)
$448,750
Median Sale Price
$340,000
Median List Price
$350,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.2%
Owner-Occupied
25.8%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $1,057/mo

Market Indicators (Redfin)

Median Days on Market
6 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
66.7%
of listings with price reduction
Price Per Sq Ft
$237
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
34.3%
of renters spending 30%+ of income on housing
11% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
74.2%

Complete Housing Data

Home Values

Census Median Value$325,100
Zillow Home Value (ZHVI)$448,750
Median Sale Price$340,000
Median List Price$350,000
Price Per Sq Ft$237

Rent

Census Median Rent$1,057
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market6
Sale-to-List Ratio1.0%
Price Drops66.7%
Homes Sold3
Active Inventory3
Price Per Sq Ft$237

Ownership & Stock

Owner-Occupied74.2%
Renter-Occupied25.8%
Homeownership Rate74.2%
Total Housing Units728
Median Year Built1981
Rent Burden34.3%