Housing in Allegan, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$257,500
Median List Price
$200,000
Price Per Sq Ft
$116
Days on Market
74
Active Inventory
9
Months of Supply
4.5
Balanced market
Zillow Home Value
$269,124
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
98.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
5
Pending Sales
6
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$116
Median List $/SF
$124
Allegan vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Allegan is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$161,100
Median Rent
$1,024
Total Housing Units
2,031
Vacancy Rate
4.4%
Owner Occupied
67.2%
Renter Occupied
32.8%
Median Property Tax
$1,477
per year
Monthly Cost (w/ Mortgage)
$961
Housing Types
The current median sale price in Allegan, MI is $257,500 according to Redfin data. Homes spend a median of 74 days on the market. 50.0% of homes sold above asking price. The market has 4.5 months of supply. The median price per square foot is $116. The median rent is $1,024 per month (Census ACS). About 67.2% of housing units are owner-occupied. The median year homes were built is 1944. There are 2,031 total housing units.