House Prices

House Prices & Home Values Colon, MI 2026


Average Data

average house price$188,023
average size per house1766 ft²
average price per ft²107 $ / ft²

06/11/2026 - The value range (VR) for house prices in Colon, MI is $95/ sqft to $95/ sqft. An average home with 1766 sqft costs approximately $167,770 to $167,770. Colon, MI includes 1 ZIP codes and it is located in St. Joseph county. The lowest prices are found in ZIP 49040, while the highest are in ZIP 49040. The average price per sqare feet is $107. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Colon

49040103 $ / ft²




Historical development of home values in Colon

Year Estimated value (USD) Change vs. 2025
2010 $87,321 -53.6%
2011 $83,945 -55.4%
2012 $83,719 -55.5%
2013 $86,848 -53.8%
2014 $91,166 -51.5%
2015 $95,845 -49.0%
2016 $100,847 -46.4%
2017 $106,290 -43.5%
2018 $112,166 -40.3%
2019 $117,367 -37.6%
2020 $123,435 -34.4%
2021 $140,394 -25.3%
2022 $163,668 -13.0%
2023 $172,595 -8.2%
2024 $182,580 -2.9%
2025 $188,023 0.0%

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



Example: 100% financing house in Colon

Loan amount: $188,023

Interest rate: 6.00%

Fixed monthly payment: $1,127.29

Breakdown in the 1st month:
Interest portion: $940.12  –  Principal portion: $187.18

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,218.57 $2,308.94 $185,714.06
2 $11,076.16 $2,451.36 $183,262.70
3 $10,924.97 $2,602.55 $180,660.15
4 $10,764.45 $2,763.07 $177,897.08
5 $10,594.03 $2,933.49 $174,963.59
6 $10,413.09 $3,114.42 $171,849.17
7 $10,221.00 $3,306.51 $168,542.66
8 $10,017.07 $3,510.45 $165,032.21
9 $9,800.55 $3,726.97 $161,305.25
10 $9,570.68 $3,956.84 $157,348.41
11 $9,326.63 $4,200.89 $153,147.52
12 $9,067.53 $4,459.99 $148,687.54
13 $8,792.44 $4,735.07 $143,952.47
14 $8,500.40 $5,027.12 $138,925.35
15 $8,190.33 $5,337.18 $133,588.17
16 $7,861.15 $5,666.37 $127,921.80
17 $7,511.66 $6,015.85 $121,905.95
18 $7,140.62 $6,386.90 $115,519.05
19 $6,746.69 $6,780.83 $108,738.22
20 $6,328.46 $7,199.06 $101,539.16
21 $5,884.44 $7,643.08 $93,896.08
22 $5,413.03 $8,114.49 $85,781.60
23 $4,912.54 $8,614.97 $77,166.63
24 $4,381.19 $9,146.32 $68,020.30
25 $3,817.07 $9,710.45 $58,309.86
26 $3,218.15 $10,309.37 $48,000.49
27 $2,582.29 $10,945.23 $37,055.26
28 $1,907.21 $11,620.30 $25,434.96
29 $1,190.50 $12,337.02 $13,097.94
30 $429.58 $13,097.94 $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 Colon, MI


1500 sqft3900 sqft
Ø selling price$194,206$413,128
Ø fast selling$176,550$371,815
Ø high price sale$211,861$454,440

In 2026, houses in Colon, MI will be offered at an average price of $107 per square foot. A 1,500 sqft home priced at $194,206 is 24.77% more expensive per square foot than a 3,900 sqft home priced at $413,128. Home prices in Colon, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $286,011. Sellers who can wait longer may achieve a higher price of up to $349,569.


Colon, MI Travel and Community Guide

Magic and Heritage

Located in St. Joseph County, Colon, MI is a friendly small town celebrated as the Magic Capital of the World. Each summer, the legendary Abbott's Magic Get-Together draws magicians and fans to downtown Colon for world-class shows and lectures.
Visitors can browse iconic magic shops like Abbott's Magic and FAB Magic, making Colon a must-see destination for illusion enthusiasts.

Outdoor Recreation and Nearby Attractions

Among the top things to do in Colon MI, nature lovers enjoy fishing and paddling on Palmer Lake and Long Lake, which border the village and offer scenic sunrise views. Families discover relaxed Midwest charm along M-86, with easy access to parks and quiet country roads for cycling.
Nearby day trips to Kalamazoo, Coldwater, and the Sturgis area add convenient dining, museums, and entertainment options.

Living, Dining, and Events

Whether you are planning a weekend getaway or searching for homes for sale in Colon Michigan, you will find affordable lodging, lakeside cabins, and welcoming neighborhoods. Local eateries and coffee spots serve hearty comfort food, while seasonal farm stands showcase fresh produce from St. Joseph County.
Annual events like Magic Week parades and community concerts create a festive, family-friendly atmosphere throughout the year. From spellbinding stage shows to peaceful waterfront sunsets, Colon, MI blends unique entertainment with classic small-town living.



FAQ – Home Values in Colon

What is the median home value in Colon in 2026?

In 2026, the typical home value in Colon is about $188,023 for an average home size of 1766 square feet. This corresponds to an average price of roughly $107 per square foot.

What is the average cost per square foot in Colon?

In 2026, homes in Colon sell for an average of around $107 per square foot, with a typical range between $95 and $95 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 Colon is about 1766 square feet, with an estimated 2026 value around $188,023.



Locations close to Colon, MI

Constantine, MI117 $ / ft²
Covert, MI334 $ / ft²
Decatur, MI146 $ / ft²
Coloma, MI92 $ / ft²
Coldwater, MI139 $ / ft²
Climax, MI92 $ / ft²
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