Active Listings
47
⇧ 74.1% vs 27 last year
Data as of July 2026. Source: Realtor.com.
The CARO, MI real estate market (48723) currently shows 47 active listings, with 19 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 46 days on market compared to 41 days last year.
The median listing price has risen 0.8% year-over-year, from $238,950 to $240,925.
Whether you are buying or selling in CARO, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
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 July 2026, there are 47 active listings in CARO, MI (zip code 48723), compared to 27 the prior year.
The median listing price in CARO, MI 48723 is $240,925 as of July 2026, a 0.8% increase from $238,950 the prior year.
Homes in CARO, MI 48723 spend an average of 46 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of July 2026, CARO, MI 48723 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in CARO, MI 48723 save an estimated $4,819 compared to a typical 5% commission on the median listing price of $240,925. 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.