Caledonia township, MI Housing

Caledonia township (Kent County), MI is experiencing an above-average growth in housing prices. The median value for a house in this area is $420,700, which is significantly higher than the US House Median Value of $338,100. Over the past year, the appreciation rate for homes in Caledonia township has been 12.48%, which is more than 4% higher than the national average of 8.27%. This trend suggests that buying a home in Caledonia township (Kent County), MI could be a wise investment with potential for substantial gains over time.

The median home cost in Caledonia township is $420,700. Home appreciation the last 10 years has been 122.8%. Home Appreciation in Caledonia township is up 16.1%.

Average Age of Homes

- The median age of Caledonia township real estate is 23 years old

The Rental Market in Caledonia township

- Renters make up 12.6% of the Caledonia township population
- 0.2% of houses and apartments in Caledonia township, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Caledonia township, Michigan	United States
	5,541.0	139,647,020.0
	26	42
	$420,700	$338,100
	16.1%	16.6%
	62.5%	57.0%
	122.8%	101.1%
	$11.91	$10.98
	$3,418	$2,690
	85.3%	57.4%
	3.5%	11.2%
	11.2%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.4%	0.4%
	1.4%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	1.9%	2.4%
	1.9%	2.8%
	1.0%	3.9%
	0.8%	4.5%
	9.9%	11.3%
	5.8%	13.0%
	32.5%	20.1%
	27.0%	13.6%
	11.9%	8.3%
	5.2%	9.7%
	1.2%	3.9%
	0.4%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	24.9%	13.6%
	24.9%	13.6%
	21.8%	13.6%
	9.9%	13.2%
	7.3%	14.8%
	21.8%	13.6%
	3.5%	10.0%
	2.5%	4.7%
	9.7%	12.2%