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Colon, MI
Full City Profile · Michigan · St. Joseph County County
3.0
/5.0
B
Good
1,432
Population
1,045/sq mi density
$53,750
Median Income
$30,463 per capita
$123,700
Home Value
$195,934 Zillow
$745
Median Rent
28.5% income on rent
49°F
Avg Temperature
275 sunny days/yr
173
Violent Crime/100K
518 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$53,750 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$123,700 home value, $745/mo rent
F
Safety
1.0 / 5.0
173 violent crimes/100K
C+
Education
2.6 / 5.0
20.6% bachelor's degree or higher
Housing Overview
Median Home Value
$123,700
56% below
US avg: $281,900
Median Rent
$745/mo
36% below
US avg: $1,163/mo
Homeownership Rate
71.7%
10% above US avg (65.4%)
Total Housing Units
790
Median year built: 1950
Home Value by Source
Census Median
$123,700
Zillow (ZHVI)
$195,934
Median Sale Price
$315,000
Median List Price
$134,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.7%
Owner-Occupied
28.3%
Renter-Occupied
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:
$745/mo
Market Indicators (Redfin)
Median Days on Market
24 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$176
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
71.7%
Complete Housing Data
Home Values
| Census Median Value | $123,700 |
| Zillow Home Value (ZHVI) | $195,934 |
| Median Sale Price | $315,000 |
| Median List Price | $134,900 |
| Price Per Sq Ft | $176 |
Rent
| Census Median Rent | $745 |
| 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 Market | 24 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 14.3% |
| Homes Sold | 3 |
| Active Inventory | 7 |
| Price Per Sq Ft | $176 |
Ownership & Stock
| Owner-Occupied | 71.7% |
| Renter-Occupied | 28.3% |
| Homeownership Rate | 71.7% |
| Total Housing Units | 790 |
| Median Year Built | 1950 |
| Rent Burden | 28.5% |