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market report · 49040
Colon, MI · 49040
12 active listings$189,500 median ask$2,150 est. rent1.1% price/rent
$189,500
Median list price
$2,150/mo
Estimated rent
1.1%
Price / rent ratio
12
Listings
FHFA home price index · 2016–2025
126% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.36
Median rent / sqft
9 comps
$156.47
Median sold / sqft
9 comps
—
Walkability
5.0%
Area unemployment
BLS LAUS
Median household income $64,306 · median home value $169,900 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 56).
3 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
223 S Saint Joseph St, Colon, MI 49040
Colon, MI
$110,000$1,884/mo1.7%
141 Goodell St, Colon, MI 49040
Colon, MI
$79,900$1,206/mo1.5%
1121 Heights Dr, Colon, MI 49040
Colon, MI
$139,900$1,875/mo1.3%
642 Maple St, Colon, MI 49040
Colon, MI
$200,000$2,429/mo1.2%
412 N Swan St, Colon, MI 49040
Colon, MI
$179,000$2,091/mo1.2%
58881 Yeatter Rd, Colon, MI 49040
Colon, MI
$500,000$3,512/mo0.7%