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Housing in Cannon Township

553 homes sold in Cannon Township in the last year, at a typical $459K

Redfin reports Cannon Township’s sales by ZIP code, so these figures are for ZIP 49341, which takes in Cannon Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cannon Township homes are listed.

Homes for sale in Cannon TownshipZillowRealtor.comMore places to look ↓
Homes sold
553
ZIP 49341 · June 2025 to May 2026
Typical sale price
$459K
houses $478K · condos $339K
Price per square foot
$228
Michigan $172
Paid vs. asking
99.9%
33% sold over asking
For sale now
68
May 2026 · 44 sold that month
What sold · last 12 months · ZIP 49341

12% of Cannon Township’s sales are condos, at $139K less than a house

484 houses and 66 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$478K

typical sale · 484 sold in 12 months

Per square foot
$230MI $172
Days to sell
15
Sold over asking
35%
Condos$339K

typical sale · 66 sold in 12 months

Per square foot
$219MI $190
Days to sell
29
Sold over asking
15%
14 years of sales

About as many homes sell as usual, at twice the 2016 price

553 sales in the last year, against 739 in 2016 and a low of 443 in 2012. The typical sale went from $231K in 2016 to $459K.

Homes soldTypical sale price
0187375562750$200K$300K$400K$500K2012: 443 sold, typical $173K’122013: 613 sold, typical $187K2014: 567 sold, typical $197K’142015: 674 sold, typical $209K2016: 739 sold, typical $231K’162017: 642 sold, typical $248K2018: 656 sold, typical $258K’182019: 737 sold, typical $267K2020: 729 sold, typical $295K’202021: 703 sold, typical $340K2022: 664 sold, typical $387K’222023: 568 sold, typical $419K2024: 520 sold, typical $435K’242025: 573 sold, typical $455KLast 12 months: 553 sold, typical $459KNow

Source: Redfin Data Center, MLS sales; for ZIP 49341, which takes in Cannon Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Cannon Township

Houseat $230 a sq ft
Condoat $219 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Cannon Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Cannon Township are more common than before the pandemic, but 55% fewer homes come up for sale

We read every month of home sales in ZIP 49341 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 553 sales.

If you’re buying in Cannon Township

  • Shop in September. It brings about 70 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
  • Bid near asking. Buyers paid 99.9% of the list price on average; 33% paid over.
  • Move fast on good ones. 55% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 82 a month), and the most competition: 42% close over asking. August and September offer nearly as much choice with fewer homes bid up (40%). January has the least competition (25%) but only about 35 new listings.

New listings a monthShare sold over asking
021.342.563.88520%40%60%Sweet spotJan: 35 new listings a month, 25% sold over asking, 39 days to sellJFeb: 35 new listings a month, 28% sold over asking, 39 days to sellFMar: 46 new listings a month, 31% sold over asking, 37 days to sellMApr: 55 new listings a month, 35% sold over asking, 29 days to sellAMay: 71 new listings a month, 36% sold over asking, 23 days to sellMJun: 78 new listings a month, 40% sold over asking, 19 days to sellJJul: 82 new listings a month, 42% sold over asking, 18 days to sellJAug: 77 new listings a month, 40% sold over asking, 19 days to sellASep: 70 new listings a month, 35% sold over asking, 21 days to sellSOct: 62 new listings a month, 31% sold over asking, 23 days to sellONov: 51 new listings a month, 29% sold over asking, 26 days to sellNDec: 41 new listings a month, 27% sold over asking, 28 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Michigan as a whole

Cannon Township now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price33%25%57%31%
Gone within two weeksShare of homes under contract within 14 days55%19%49%43%
Listings with a price cutShare of homes for sale that cut their price———28%
Price paid vs. askingAverage sale price ÷ list price99.9%98.8%103%98.4%
Days to sellMedian days from listing to contract1527733
Supply

60 homes for sale on a typical day

That’s 1.2 times the 2023 low (52), 55% fewer than in 2017–19 and well under 2015’s 196.

2012: 187 for sale’122013: 174 for sale2014: 179 for sale2015: 196 for sale’152016: 127 for sale2017: 116 for sale2018: 134 for sale’182019: 151 for sale2020: 90 for sale2021: 56 for sale’212022: 70 for sale2023: 52 for sale2024: 63 for sale’242025: 57 for saleLast 12 months: 60 for saleNow
Prices by type

Since 2019, houses are up 74%, condos 65%

A house typically sold for $478K in the last year (484 sales), a condo for $339K (66).

$225K$350K$475K$600K2013201520172019202120232025NowHouses 2013: $194K, 554 salesHouses 2014: $205K, 512 salesHouses 2015: $215K, 609 salesHouses 2016: $236K, 673 salesHouses 2017: $253K, 595 salesHouses 2018: $265K, 594 salesHouses 2019: $275K, 636 salesHouses 2020: $301K, 628 salesHouses 2021: $350K, 603 salesHouses 2022: $401K, 567 salesHouses 2023: $437K, 469 salesHouses 2024: $454K, 447 salesHouses 2025: $470K, 498 salesHouses last 12 months: $478K, 484 salesHouses $478KCondos 2013: $142K, 54 salesCondos 2014: $123K, 45 salesCondos 2015: $142K, 60 salesCondos 2016: $139K, 57 salesCondos 2017: $144K, 43 salesCondos 2018: $187K, 53 salesCondos 2019: $205K, 90 salesCondos 2020: $234K, 90 salesCondos 2021: $262K, 94 salesCondos 2022: $306K, 86 salesCondos 2023: $333K, 96 salesCondos 2024: $349K, 70 salesCondos 2025: $354K, 71 salesCondos last 12 months: $339K, 66 salesCondos $339K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 49341, which takes in Cannon Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cannon Township home costs about $2,785 a month

Mortgage
Property tax
Insurance
Rent

Price: Cannon Township’s typical sale, last 12 months. Property tax at Cannon Township’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cannon Township is affordable on local pay is on Cost of living.

Before you buy in Cannon Township

Six things worth knowing

82

New listings in July

The month with the most choice. January has the fewest, about 35.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $459K home, about $4,690 a year.

Taxes vs. neighbors
A+

Schools

The schools grade for Cannon Township, from test results, graduation and how much students grow.

Schools in Cannon Township
26 min

Typical commute

The average one-way trip to work for people who live in Cannon Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Rockford, Northview, Comstock Park and Cedar Springs sell for less a square foot; East Grand Rapids for far more

The busier markets within 25 miles of Cannon Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Cannon Township (ZIP 49341)553$459K$22833%15
Forest Hills368$611K$24532%20
Northview194$341K$22042%10
East Grand Rapids152$738K$31228%22
Rockford123$390K$21736%17
Cedar Springs94$322K$18635%26
Comstock Park76$310K$19849%10

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cannon Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cannon Township. People who follow the town see it, and so do people comparing Cannon Township with their own town. No commission, no listing fee.

Questions about buying a home in Cannon Township

What do homes sell for in Cannon Township, MI?

553 homes sold in the year to May 2026 at a typical $459K, $228 a square foot. Houses sold for about $478K, condos for about $339K.

Is Cannon Township a buyer’s or seller’s market?

A seller’s market: 68 homes were for sale in May 2026 and 44 sold, about 1.5 months of supply. Buyers paid 99.9% of asking on average.

When is the best time to buy in Cannon Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cannon Township?

About 1% of a home’s value a year. On a $459K home that’s near $4,690.

Where can I see homes for sale in Cannon Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Cannon Township’s MLS listings; the search links above open each one filtered to Cannon Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 49341, which takes in Cannon Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).