Data as of September 2026. Source: Realtor.com.
The COLON, MI real estate market (49040) currently shows 23 active listings, with 7 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are selling faster, averaging 66 days on market compared to 112 days last year.
The median listing price has fallen 26.7% year-over-year, from $337,450 to $247,500.
Population: 3,436 · Density: 32.2/mi² · Median household income: $56,048
Typical home value: $135,113 · Homeownership: 82.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49040 | Colon, MI 49040 | 0.0 mi | 11 | $3,325,058 | $229,925 | $302,278 |
| 49089 | Sherwood, MI 49089 | 5.3 mi | 2 | $499,700 | $249,850 | $249,850 |
| 49030 | Burr Oak, MI 49030 | 7.8 mi | 3 | $1,768,800 | $599,900 | $589,600 |
| 49052 | Fulton, MI 49052 | 10.2 mi | 1 | $40,900 | $40,900 | $40,900 |
| 49028 | Bronson, MI 49028 | 11.2 mi | 17 | $5,050,751 | $277,475 | $297,103 |
| 49094 | Union City, MI 49094 | 11.9 mi | 17 | $6,023,066 | $279,975 | $354,298 |
| 49051 | East Leroy, MI 49051 | 15.4 mi | 5 | $2,069,165 | $390,500 | $413,833 |
| 49036 | Coldwater, MI 49036 | 16.0 mi | 69 | $27,921,678 | $344,900 | $404,662 |
| 49029 | Burlington, MI 49029 | 16.9 mi | 6 | $1,682,676 | $315,475 | $280,446 |
| 49034 | Climax, MI 49034 | 18.2 mi | 4 | $1,127,600 | $281,900 | $281,900 |
| 49042 | Constantine, MI 49042 | 19.5 mi | 10 | $3,604,910 | $364,950 | $360,491 |
| 49092 | Tekonsha, MI 49092 | 20.1 mi | 3 | $513,675 | $171,225 | $171,225 |
| 49033 | Ceresco, MI 49033 | 21.4 mi | 6 | $2,104,398 | $306,250 | $350,733 |
As of September 2026, there are 23 active listings in COLON, MI (zip code 49040), compared to 10 the prior year.
The median listing price in COLON, MI 49040 is $247,500 as of September 2026, a 26.7% decrease from $337,450 the prior year.
Homes in COLON, MI 49040 spend an average of 66 days on the market before going under contract, compared to 112 days the prior year.
Based on current inventory and days-on-market data as of September 2026, COLON, MI 49040 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 66 days on market compared to 112 days last year.
With SELL123.com's maximum 3% commission, sellers in COLON, MI 49040 save an estimated $4,950 compared to a typical 5% commission on the median listing price of $247,500. 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.