House Prices

House Prices & Home Values Kaleva, MI 2026


Average Data

average house price$265,900
average size per house2174 ft²
average price per ft²123 $ / ft²

04/05/2026 - The value range (VR) for house prices in Kaleva, MI is $132/ sqft to $132/ sqft. An average home with 2174 sqft costs approximately $286,968 to $286,968. Kaleva, MI includes 1 ZIP codes and it is located in Manistee county. The lowest prices are found in ZIP 49645, while the highest are in ZIP 49645. The average price per sqare feet is $123. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Kaleva

49645145 $ / ft²




Historical development of home values in Kaleva

Year Estimated value (USD) Change vs. 2025
2010 $123,489 -53.6%
2011 $118,713 -55.4%
2012 $118,394 -55.5%
2013 $122,819 -53.8%
2014 $128,926 -51.5%
2015 $135,543 -49.0%
2016 $142,617 -46.4%
2017 $150,314 -43.5%
2018 $158,625 -40.3%
2019 $165,980 -37.6%
2020 $174,560 -34.4%
2021 $198,543 -25.3%
2022 $231,457 -13.0%
2023 $244,082 -8.2%
2024 $258,202 -2.9%
2025 $265,900 0.0%

Graph: estimated home values in Kaleva over time (USD)



Example: 100% financing house in Kaleva

Loan amount: $265,900

Interest rate: 6.00%

Fixed monthly payment: $1,594.20

Breakdown in the 1st month:
Interest portion: $1,329.50  –  Principal portion: $264.70

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,865.18 $3,265.28 $262,634.72
2 $15,663.78 $3,466.68 $259,168.04
3 $15,449.96 $3,680.50 $255,487.54
4 $15,222.96 $3,907.50 $251,580.04
5 $14,981.95 $4,148.51 $247,431.53
6 $14,726.08 $4,404.38 $243,027.16
7 $14,454.43 $4,676.03 $238,351.13
8 $14,166.02 $4,964.44 $233,386.69
9 $13,859.83 $5,270.63 $228,116.06
10 $13,534.74 $5,595.71 $222,520.34
11 $13,189.61 $5,940.85 $216,579.50
12 $12,823.19 $6,307.26 $210,272.23
13 $12,434.18 $6,696.28 $203,575.95
14 $12,021.16 $7,109.29 $196,466.66
15 $11,582.68 $7,547.78 $188,918.88
16 $11,117.15 $8,013.31 $180,905.57
17 $10,622.90 $8,507.55 $172,398.01
18 $10,098.18 $9,032.28 $163,365.73
19 $9,541.09 $9,589.37 $153,776.36
20 $8,949.63 $10,180.82 $143,595.54
21 $8,321.70 $10,808.75 $132,786.78
22 $7,655.04 $11,475.42 $121,311.37
23 $6,947.26 $12,183.19 $109,128.17
24 $6,195.83 $12,934.63 $96,193.55
25 $5,398.05 $13,732.41 $82,461.14
26 $4,551.07 $14,579.39 $67,881.75
27 $3,651.84 $15,478.62 $52,403.13
28 $2,697.16 $16,433.30 $35,969.83
29 $1,683.59 $17,446.87 $18,522.96
30 $607.50 $18,522.96 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Kaleva, MI


1500 sqft3900 sqft
Ø selling price$223,246$474,904
Ø fast selling$202,951$427,413
Ø high price sale$243,541$522,394

In 2026, houses in Kaleva, MI will be offered at an average price of $123 per square foot. A 1,500 sqft home priced at $223,246 is 25.21% more expensive per square foot than a 3,900 sqft home priced at $474,904. Home prices in Kaleva, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $328,779. Sellers who can wait longer may achieve a higher price of up to $401,842.


Kaleva, MI: Small-Town Charm in Manistee County

Kaleva, Michigan is a historic village in Manistee County known for its Finnish heritage and welcoming community. Founded by Finnish immigrants in the early 1900s, the village retains traditions in food, festivals, and place names.
The star attraction is the John J. Makinen Bottle House Museum, a unique home built with thousands of glass bottles that tells the story of local ingenuity. Stroll the quiet downtown to find local businesses, murals, and community parks that showcase the area's creative spirit.

Things to Do and See

Outdoor lovers can access nearby forests, rivers, and snowmobile routes for hiking, fishing, cross-country skiing, and ORV riding. Families enjoy day trips to Crystal Mountain, Lake Michigan beaches, and the Betsie Valley Trail, all an easy drive from Kaleva.
Seasonal events like Kaleva Days bring live music, parades, and craft vendors that highlight small-town Michigan fun.

Living and Visiting

Real estate ranges from cozy in-village homes to wooded acreage, offering an affordable base for year-round living or a northern getaway. Visitors will find convenient lodging, farm stands, and friendly eateries that celebrate Manistee County flavors. Whether you come for history, outdoor recreation, or a peaceful pace, Kaleva, MI delivers authentic Up North charm with easy access to bigger adventures.



FAQ – Home Values in Kaleva

What is the median home value in Kaleva in 2026?

In 2026, the typical home value in Kaleva is about $265,900 for an average home size of 2174 square feet. This corresponds to an average price of roughly $123 per square foot.

What is the average cost per square foot in Kaleva?

In 2026, homes in Kaleva sell for an average of around $123 per square foot, with a typical range between $132 and $132 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Kaleva is about 2174 square feet, with an estimated 2026 value around $265,900.



Locations close to Kaleva, MI

Kalkaska, MI104 $ / ft²
Kewadin, MI102 $ / ft²
Kingsley, MI115 $ / ft²
Irons, MI128 $ / ft²
Interlochen, MI105 $ / ft²
Idlewild, MI63 $ / ft²
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