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Foreclosure Homes in Colon, MI

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Colon, MI Foreclosures

How much do homes sell for in Colon, MI?
The average home price is currently $218,475.
In Colon, MI, how many homes are available?
There are currently 2 active home listings available in Colon.
What’s the average rental cost in Colon, MI?
The average rental price in Colon is $1,236.
What is the most expensive home in Colon?
The most expensive home sold in Colon had a price of $5,033,114.
What is currently the cheapest priced home in Colon, MI?
The cheapest home for sale in Colon is priced at $10,312.

Living in Colon, MI

Colon, MI is a cozy village that combines small-town charm with a strong community spirit. It offers a peaceful lifestyle surrounded by nature and boasts local amenities, schools, and recreational activities. The annual Magic Festival adds a festive touch to this delightful locale.

Current Market Conditions in Colon, MI

The real estate market in Colon shows a steady demand for homes, with the average price reflecting a slightly upward trend over the last quarter. This indicates a healthy investment opportunity because of the stable community and attractive amenities.

Over the past year, Colon has seen a moderate increase in home values, driven by the desirability of the area among families and retirees alike. The market remains competitive, but accessible, making it an attractive choice for potential buyers.

Home Value Estimator For Colon, MI

There are currently 1,877 real estate properties in Colon, MI, with a median automated valuation model (AVM) price of $192,516.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Colon, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Colon, MI, is $218,475.00, with the most expensive house in Colon, MI, topping out at $5,033,114.00 and the cheapest home in Colon, MI, clocking in at $10,312.00. In other words, there’s something for every potential homebuyer or savvy investor in Colon, MI!

Rent Prices In Colon, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Colon, MI, is on a rollercoaster ride. The average rent price in Colon, MI, is $1,236.00. Indeed, when looking to rent in Colon, MI, you can expect to pay as little as $820.00 or as much as $2,220.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Colon, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Colon, MI Foreclosures


Market Trend for Colon, MI

Total Listings Available: 2

Market Values:

Home Prices from $10,312 to $5,033,114

Average Sales Price: $218,475

Rental Values:

Rental from $820 to $2,220

Average Rent Value: $1,236 / month

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