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Median sale price
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ZIP 49040 in Colon, MI: housing market trends

The median home sale price in ZIP 49040 in Colon, MI was $255,925 for the three-month period ending September 2026. Sale prices were 0.5% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$255,925
three-month period ending September 2026
Median sale price per sq ft
$186.19
three-month period ending September 2026
Active listings
33
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 33 active listings for the three-month period ending September 2026. Active listings were 83.3% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 25 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 49040 in Colon, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$255,925$186.1912
Single-familySeptember 2026$255,935$186.1912
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 49040 in Colon, MI
MarketMedian sale priceReporting period / source
Colon, MI$114,9453 months ending September 2026 · Redfin
Leonidas, MIUnavailableMonth ending unavailable date · Zillow
Sherwood, MI$40,0003 months ending February 2026 · Redfin
Mendon, MI$129,4383 months ending September 2026 · Redfin
Burr Oak, MI$124,9413 months ending September 2026 · Redfin
Bronson, MI$164,9213 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 49040 in Colon, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$255,925$186.1933
August 2026$274,000$176.4140
July 2026$312,500$200.8536
June 2026$250,500$195.4432
May 2026$153,000$195.4428
April 2026$166,000$190.2222
March 2026$216,250$162.7421
February 2026$172,500$149.4619
January 2026$260,000$149.4616
December 2025$135,000$160.6014
November 2025$307,500$183.3314
October 2025$188,750$167.8718
September 2025$257,300$202.6718
August 2025$205,000$168.2322
July 2025$217,500$181.3629
June 2025$207,500$177.3529
May 2025$211,250$163.7523
April 2025$215,000$102.9417
March 2025$220,000$150.1413
February 2025$242,500$155.3311
January 2025$220,000$156.2514
December 2024$205,000$145.0318
November 2024$190,500$125.7921
October 2024$195,000$156.9324

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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