Data as of July 2026. Source: Realtor.com.
The COLON, MI real estate market (49040) currently shows 24 active listings, with 6 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
The median listing price has fallen 38.1% year-over-year, from $369,999 to $228,900.
Whether you are buying or selling in COLON, 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: 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 July 2026, there are 24 active listings in COLON, MI (zip code 49040), compared to 15 the prior year.
The median listing price in COLON, MI 49040 is $228,900 as of July 2026, a 38.1% decrease from $369,999 the prior year.
Homes in COLON, MI 49040 spend an average of 43 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of July 2026, COLON, MI 49040 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in COLON, MI 49040 save an estimated $4,578 compared to a typical 5% commission on the median listing price of $228,900. 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.