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Colon Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 93.6% of list price in 59 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $331K Sold · $328K
$370K$290K$210K$130K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 12 sales in Jun. Last month: 4.

Where the market stands

All homes in this report, by status.

70homes
Active22 · 31%
Under contract5 · 7%
Sold (12 mo)43 · 61%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$338K
Under contract$251K
Sold$248K

Average days on market

Active76 days
Under contract76 days
Sold59 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 22
Average list price $338,072
Avg. days on market 76 days
Avg. price per ft² $186 Based on 16 of 22 homes
Avg. living area 1,812 ft² Based on 16 of 22 homes
Avg. beds / baths 2.8 / 1.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

6 homes didn’t report living area and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 16 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

6 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

59155 Yeatter Road$296
58522 Farrand Road$260
31908 Decker Road$236
623 Bowman Street$230
33291 Maryann Drive$217
905 Bowman Street$199
58435 Fairfax Road$178

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
58522 Farrand RoadColon, MI 49040 —4—$1,490,000—59 days
58522 Farrand RoadColon, MI 49040 455,725$1,490,000$26059 days
57530 Cool Water LaneColon, MI 49040 433,287$499,000$151106 days
58881 Yeatter RoadColon, MI 49040 433,576$485,000$13593 days
59155 Yeatter RoadColon, MI 49040 321,600$475,000$296131 days
58435 Fairfax RoadColon, MI 49040 222,240$399,900$17822 days
33291 Maryann DriveColon, MI 49040 321,560$340,000$217172 days
1211 N Blossom Lake DriveColon, MI 49040 421,800$319,900$17728 days
905 Bowman StreetColon, MI 49040 321,274$253,900$1992 days
31908 Decker RoadColon, MI 49040 21972$229,900$236233 days
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