Housing in Colon, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$110,000

Median List Price

$189,900

Price Per Sq Ft

$149

Days on Market

3

Active Inventory

5

Months of Supply

5.0

Balanced market

Zillow Home Value

$191,010

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 37.1%List Price 12.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

100.0%

Sale-to-List Ratio

75.9%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
100.0%
Listings with Price Drops
40.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

1

Pending Sales

1

Homes Sold 50.0%New Listings 66.7%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$149

Median List $/SF

$80

Sale $/SF 46.1%List $/SF 28.6%Mar 24Jan 26

Colon vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Colon 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

$123,700

Median Rent

$745

Total Housing Units

837

Vacancy Rate

21.0%

Owner Occupied

71.7%

Renter Occupied

28.3%

Median Property Tax

$1,379

per year

Monthly Cost (w/ Mortgage)

$757

Housing Types

Single Family
83.3%
Multi-Family
15.2%
Mobile Home
1.6%

The current median sale price in Colon, MI is $110,000 according to Redfin data. Homes spend a median of 3 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $149. The median rent is $745 per month (Census ACS). About 71.7% of housing units are owner-occupied. The median year homes were built is 1952. There are 837 total housing units.