Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$190,006+3.2% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$41,189About 0.6× the local median income ($65,049): affordable for a typical household
Days on market45 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.2%Zillow expects prices to rise slightly
The typical home in Calhoun County, MI is worth $190,006, up 3.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $158,685, so the area is 19.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 45 days to sell, listings are up 23% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 3.2% over the next year. A household needs about $41,189 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,049. Typical rent is $1,146 a month, or $1,679 for a house. In the latest IRS figures, 55 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$190,006
Change in 1 year
+3.2%
Overvalued %
+19.7%
Show 7 more
Fair home value
$158,685
Change in 5 years
+24.2%
Zillow forecast, next 12 months
+3.2%
Home value to income
2.9×
Monthly mortgage payment (20% down)
$1,030
Income needed to afford it
$41,189
Property tax rate
1.46%
Rent and investing
Typical rent
$1,146
Typical rent for houses
$1,679
Price-to-rent ratio
13.8×
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HUD Fair Market Rent, 2 bedrooms
$1,233
Gross rental yield
7.24%
Cap rate (estimate)
4.70%
Market activity
Listings vs a year ago
+22.9%
Days on market
45
Listings with a price cut
25.3%
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Homes for sale
349
Pending sales per 100 listings
53
Asking price per sq ft
$149
People and jobs
Median household income
$65,049
Population change (1 year)
−0.2%
Unemployment rate
6.4%
Show 4 more
Population
133,408
Income adjusted for cost of living
$71,877
Net moves in (IRS)
+55
Cost of living (US = 100)
90.5
Schools, risk and environment
School rating (1 to 10)
4.2
FEMA hazard risk score (0 to 100)
74.5
Flood risk score
75.8
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Wildfire risk score
28.5
Walkability (1 to 20)
6.1
Road, rail and air noise
53 dB
Questions people ask
Is Calhoun County, MI overvalued?
Home prices in Calhoun County, MI are well above what local incomes have historically supported: fair value is about $158,685, so the area is 19.7% overvalued.
Is Calhoun County, MI a buyer's or seller's market?
Calhoun County, MI is a balanced market, leaning toward buyers: homes take about 45 days to sell, listings are up 23% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Calhoun County, MI?
Home values in Calhoun County, MI are up 3.2% over the last year. Zillow's forecast for the next 12 months is +3.2%.
How much do you need to earn to buy a home in Calhoun County, MI?
A household needs about $41,189 a year to afford the typical home in Calhoun County, MI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,049.