Is Caledonia, MI 49316 a buyer’s or seller’s market?

The Caledonia housing market right now

In the three months ending August 31, 2026, 28% of homes in Caledonia, MI 49316 sold above their list price, the typical home went under contract in 11 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 130 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold faster (14 days then) and the median sale price rose 10% to $470,639. Overall, Caledonia is about as competitive as it was a year ago.

Within Kent County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 96%. On our competition score, Caledonia ranks #156 of 510 MI ZIP codes with enough sales (score 75 out of 100).

Nearby, buyers who want less competition could look at Sand Lake 49343 (22% sold over asking), while Wyoming 49509 (63% sold over asking) and Grand Rapids 49507 (59% sold over asking) are even more competitive.