West Michigan Real Estate · Video

Caledonia Housing Market Report

A numbers-first market report on Caledonia, Michigan — median value versus Kent County, days on market, price tiers, how it ranks against its southeast-quadrant neighbors, and the current rate backdrop. An analyst brief for buyers and sellers, from Holden Richardson at 616 Realty.

Video transcript

This is the Caledonia housing market report — the numbers, not the tour. If you want the full walk-through of the area, watch the Living In Caledonia video; this one is built for the buyers and sellers who came for the data. Here's where Caledonia's market actually stands in 2026. Start with price. The typical Caledonia home runs about four hundred twenty-nine thousand nine hundred dollars on a trailing-twelve-month basis, up roughly eight percent year over year. That's about ninety-five thousand above the Kent County median of three hundred thirty-five thousand — the new-construction premium showing up in the numbers. Here's the snapshot. Caledonia is home to about seventeen thousand three hundred people, the typical home sits near four hundred thirty thousand dollars, homes go pending in about thirty-four days, and you're roughly twenty-five minutes from downtown Grand Rapids. On speed, Caledonia runs slower than the metro core. Homes here go pending in about thirty-four days — call it five weeks — against roughly thirteen days countywide and about a week inside the city. As inventory built through twenty twenty-six, days on market here stretched, and that's exactly where a prepared buyer finds room. Here's the current readout, and every line has a source. Median sale near four hundred thirty thousand, up about eight percent on the year. Sale-to-list running in the high-nineties percent across the metro. New three-thousand-square-foot-plus builds clearing six-fifty to seven-fifty. Price per foot around two hundred fifteen dollars metro-wide — I don't have a clean Caledonia-only figure, so treat that as a county reference, not a Caledonia number. Against its southeast-quadrant neighbors, Caledonia sits in the middle of the pack. Cascade tops the group near five hundred twenty thousand and Byron Center around four hundred seventy-two, both above Caledonia's four-twenty-nine-nine. Kentwood sits below at about three hundred forty thousand. Same commute belt, four very different price points. Now the tier picture, because the metro splits hard by price. Under two hundred fifty thousand is the hottest band — more homes under contract than listed, single-digit days. The core, two-fifty to five hundred, is where Caledonia's four-twenty-nine-nine median lives, and it's the highest-volume band in West Michigan. Above five hundred — where the new Caledonia builds land — is the one tier with real breathing room, averaging around thirty-one days on market. Caledonia's price story is a construction story. Subdivisions keep delivering out here, and the newest three-thousand-square-foot builds are what pull the top of the range up toward seven hundred fifty thousand. The cost of money frames every one of these numbers. The thirty-year fixed averaged about six-point-four-three percent the first week of July, with the fifteen-year near five-point-eight. That's roughly a quarter-point below a year ago — about fifty dollars a month on a three-hundred-fifty-thousand-dollar loan. Forecasters cluster the rest of twenty twenty-six in a tight six to six-and-a-half band. Here's my read. Caledonia is a core-priced market with a luxury ceiling. The median sits comfortably under the metro's move-up line, but the new builds punch well into it, and that spread is the whole opportunity. If you're buying here, play that spread. Existing four-beds still trade in the low-to-mid four hundreds; new construction starts higher but gives you time — that six-hundred-thousand-plus tier averages around thirty-one days, so there's room to negotiate. Get fully underwritten, and target listings that have sat past the thirty-four-day median. If you're selling here, price to the comparable sales, not to your neighbor's new-build sticker. Move-in-ready homes near the four-thirty median still move in about five weeks; overprice against the seven-fifty new construction and you'll sit. Sharp condition and a sharp number still win. Those are the numbers as they stand today. If you want the current figure for your specific street — not a metro average — that's a conversation, not a chart. Reach out and I'll run it.

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