Active Listings
51
⇧ 27.5% vs 40 last year
Data as of September 2026. Source: Realtor.com.
The CARO, MI real estate market (48723) currently shows 51 active listings, with 15 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 43 days on market compared to 32 days last year.
The median listing price has fallen 11.5% year-over-year, from $249,900 to $221,225.
Population: 12,389 · Density: 36.3/mi² · Median household income: $56,116
Typical home value: $118,851 · Homeownership: 79.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48723 | Caro, MI 48723 | 0.0 mi | 27 | $6,102,297 | $226,000 | $226,011 |
| 48729 | Deford, MI 48729 | 10.4 mi | 4 | $770,432 | $187,525 | $192,608 |
| 48733 | Fairgrove, MI 48733 | 10.8 mi | 9 | $1,615,473 | $169,250 | $179,497 |
| 48741 | Kingston, MI 48741 | 11.7 mi | 5 | $1,149,750 | $189,950 | $229,950 |
| 48760 | Silverwood, MI 48760 | 13.1 mi | 3 | $609,801 | $195,000 | $203,267 |
| 48735 | Gagetown, MI 48735 | 13.8 mi | 5 | $875,800 | $84,000 | $175,160 |
| 48758 | Richville, MI 48758 | 15.5 mi | 1 | $167,000 | $167,000 | $167,000 |
| 48435 | Fostoria, MI 48435 | 16.5 mi | 5 | $1,409,125 | $283,725 | $281,825 |
| 48746 | Millington, MI 48746 | 17.3 mi | 16 | $4,747,440 | $285,000 | $296,715 |
| 48464 | Otter Lake, MI 48464 | 18.8 mi | 9 | $2,456,478 | $281,400 | $272,942 |
| 48734 | Frankenmuth, MI 48734 | 20.1 mi | 20 | $7,765,780 | $347,450 | $388,289 |
| 48472 | Snover, MI 48472 | 21.5 mi | 5 | $1,032,375 | $189,950 | $206,475 |
| 48732 | Essexville, MI 48732 | 21.6 mi | 19 | $3,870,376 | $198,225 | $203,704 |
As of September 2026, there are 51 active listings in CARO, MI (zip code 48723), compared to 40 the prior year.
The median listing price in CARO, MI 48723 is $221,225 as of September 2026, a 11.5% decrease from $249,900 the prior year.
Homes in CARO, MI 48723 spend an average of 43 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of September 2026, CARO, MI 48723 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 43 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in CARO, MI 48723 save an estimated $4,425 compared to a typical 5% commission on the median listing price of $221,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.