Zip 49316 (Caledonia, MI) Housing

The housing in 49316 Caledonia, MI is growing in value. The median value of housing in this area is currently at $360,000, which is higher than the US House Median Value of $338,100. The appreciation rate for housing in this area has been 12.54% over the last year, compared to the US’s 8.27%. This rapid growth could lead to further increases in value and more desirable housing options for those looking to buy or rent property in this area.

The median home cost in Caledonia (zip 49316) is $360,000. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Caledonia (zip 49316) is up 16.2%.

Average Age of Homes

- The median age of Caledonia (zip 49316) real estate is 21 years old

The Rental Market in Caledonia (zip 49316)

- Renters make up 12.8% of the Caledonia (zip 49316) population
- 0.4% of houses and apartments in Caledonia (zip 49316), 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, Michigan	United States
	9,285.0	139,647,020.0
	24	42
	$360,000	$338,100
	16.2%	16.6%
	62.1%	57.0%
	120.9%	101.1%
	$11.39	$10.98
	$3,116	$2,690
	85.4%	57.4%
	3.6%	11.2%
	11.0%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.2%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	1.7%	2.4%
	1.2%	2.8%
	0.6%	3.9%
	1.0%	4.5%
	7.4%	11.3%
	9.0%	13.0%
	39.6%	20.1%
	20.1%	13.6%
	8.3%	8.3%
	6.2%	9.7%
	1.7%	3.9%
	0.5%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	27.2%	13.6%
	27.2%	13.6%
	23.2%	13.6%
	8.8%	13.2%
	6.6%	14.8%
	23.2%	13.6%
	3.8%	10.0%
	2.2%	4.7%
	8.2%	12.2%

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