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Housing in Colon

20 homes sold in Colon in the last year, at a typical $230K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Colon homes are listed.

Homes sold
20
May 2025 to April 2026
Typical sale price
$230K
median, weighted by sales
Price per square foot
$182
Michigan $172
Paid vs. asking
98.3%
25% sold over asking
For sale now
8
April 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of Colon’s sales, at a typical $230K

20 homes sold in the year to April 2026.

Houses$230K

typical sale · 20 sold in 12 months

Per square foot
$182MI $171
Days to sell
45
Sold over asking
25%
Listings with a price cut
27%
8 years of sales

Fewer homes sell than a decade ago, at 2.5 times the 2017 price

20 sales in the last year, against 31 in 2018 and a low of 16 in 2012. The typical sale went from $93K in 2017 to $230K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2012: 16 sold, typical $87K’122015: 23 sold, typical $127K2017: 28 sold, typical $93K’172018: 31 sold, typical $154K2021: 28 sold, typical $132K’212022: 25 sold, typical $134K2024: 22 sold, typical $186K’242025: 18 sold, typical $224KLast 12 months: 20 sold, typical $230KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Colon

Houseat $182 a sq ft
The same money in Michiganat $171 a sq ft

Is this asking price fair?

Check a listing against what Colon 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.

Rent or buy?

Owning the typical Colon home costs about $1,377 a month

Mortgage
Property tax
Insurance
Rent

Price: Colon’s typical sale, last 12 months. Property tax at Colon’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Colon is affordable on local pay is on Cost of living.

Before you buy in Colon

Five things worth knowing

0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $230K home, about $2,120 a year.

Taxes vs. neighbors
D

Schools

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

Schools in Colon
21 min

Typical commute

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

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

Bronson, Centreville, Union City, Sturgis, Vicksburg and Three Rivers sell for less a square foot

The busier markets within 25 miles of Colon, 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
Sturgis121$183K$12220%44
Three Rivers115$177K$12426%39
Vicksburg61$286K$15926%52
Bronson31$171K$11310%212
Union City23$170K$11230%104
Centreville21$176K$12429%45
Colon20$230K$18225%45

Redfin Data Center, May 2025 to April 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 Colon, free

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

Questions about buying a home in Colon

What do homes sell for in Colon, MI?

20 homes sold in the year to April 2026 at a typical $230K, $182 a square foot.

Is Colon a buyer’s or seller’s market?

A balanced market: 8 homes were for sale in April 2026 and 2 sold, about 4 months of supply. Buyers paid 98.3% of asking on average, and 27% of listings cut their price.

How much are property taxes in Colon?

About 0.9% of a home’s value a year. On a $230K home that’s near $2,120.

Where can I see homes for sale in Colon?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).