Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$241,951+6.8% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$52,450About 0.8× the local median income ($66,100): affordable for a typical household
Days on market49 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.3%Zillow expects prices to rise slightly
The typical home in Montcalm County, MI is worth $241,951, up 6.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $208,163, so the area is 16.2% overvalued. It is a balanced market, leaning toward buyers: homes take about 49 days to sell, listings are up 58% from a year ago, 26% of listings have had a price cut. Zillow expects prices to rise about 3.3% over the next year. A household needs about $52,450 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 $66,100. Typical rent is $1,392 a month, or $1,864 for a house. In the latest IRS figures, 332 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
$241,951
Change in 1 year
+6.8%
Overvalued %
+16.2%
Show 7 more
Fair home value
$208,163
Change in 5 years
+19.5%
Zillow forecast, next 12 months
+3.3%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,311
Income needed to afford it
$52,450
Property tax rate
1.01%
Rent and investing
Typical rent
$1,392
Typical rent for houses
$1,864
Price-to-rent ratio
14.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,181
Gross rental yield
6.91%
Cap rate (estimate)
4.49%
Market activity
Listings vs a year ago
+58.1%
Days on market
49
Listings with a price cut
25.7%
Show 3 more
Homes for sale
185
Pending sales per 100 listings
41
Asking price per sq ft
$176
People and jobs
Median household income
$66,100
Population change (1 year)
+0.5%
Unemployment rate
5.0%
Show 4 more
Population
69,406
Income adjusted for cost of living
$69,215
Net moves in (IRS)
+332
Cost of living (US = 100)
95.5
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
56.9
Flood risk score
61.6
Show 3 more
Wildfire risk score
32.4
Walkability (1 to 20)
5.2
Road, rail and air noise
54 dB
Questions people ask
Is Montcalm County, MI overvalued?
Home prices in Montcalm County, MI are well above what local incomes have historically supported: fair value is about $208,163, so the area is 16.2% overvalued.
Is Montcalm County, MI a buyer's or seller's market?
Montcalm County, MI is a balanced market, leaning toward buyers: homes take about 49 days to sell, listings are up 58% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Montcalm County, MI?
Home values in Montcalm County, MI are up 6.8% over the last year. Zillow's forecast for the next 12 months is +3.3%.
How much do you need to earn to buy a home in Montcalm County, MI?
A household needs about $52,450 a year to afford the typical home in Montcalm County, MI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,100.