House Prices & Home Values Caro, MI 2026

Average Data

average house price	$199,000
average size per house	2622 ft²
average price per ft²	76 $ / ft²

06/09/2026 - The value range (VR) for house prices in Caro, MI is $76/ sqft to $76/ sqft. An average home with 2622 sqft costs approximately $199,272 to $199,272. Caro, MI includes 1 ZIP codes and it is located in Tuscola county. The lowest prices are found in ZIP 48723, while the highest are in ZIP 48723. The average price per sqare feet is $76. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Caro

48723

78 $ / ft²

Historical development of home values in Caro

Year	Estimated value (USD)	Change vs. 2025
2010	$92,419	-53.6%
2011	$88,845	-55.4%
2012	$88,606	-55.5%
2013	$91,918	-53.8%
2014	$96,489	-51.5%
2015	$101,441	-49.0%
2016	$106,735	-46.4%
2017	$112,495	-43.5%
2018	$118,715	-40.3%
2019	$124,219	-37.6%
2020	$130,641	-34.4%
2021	$148,590	-25.3%
2022	$173,223	-13.0%
2023	$182,671	-8.2%
2024	$193,239	-2.9%
2025	$199,000	0.0%

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

Example: 100% financing house in Caro

Loan amount: $199,000

Interest rate: 6.00%

Fixed monthly payment: $1,193.11

Breakdown in the 1st month:
Interest portion: $995.00 – Principal portion: $198.11

Yearly breakdown (100% financing)

Year	Interest per year ($)	Principal per year ($)	Remaining balance at year-end ($)
1	$11,873.52	$2,443.74	$196,556.26
2	$11,722.80	$2,594.47	$193,961.79
3	$11,562.78	$2,754.49	$191,207.30
4	$11,392.89	$2,924.38	$188,282.92
5	$11,212.52	$3,104.75	$185,178.17
6	$11,021.02	$3,296.24	$181,881.93
7	$10,817.72	$3,499.55	$178,382.38
8	$10,601.87	$3,715.39	$174,666.98
9	$10,372.72	$3,944.55	$170,722.43
10	$10,129.42	$4,187.84	$166,534.59
11	$9,871.13	$4,446.14	$162,088.45
12	$9,596.90	$4,720.37	$157,368.09
13	$9,305.76	$5,011.51	$152,356.58
14	$8,996.66	$5,320.61	$147,035.97
15	$8,668.50	$5,648.77	$141,387.20
16	$8,320.09	$5,997.17	$135,390.03
17	$7,950.20	$6,367.07	$129,022.96
18	$7,557.49	$6,759.77	$122,263.18
19	$7,140.56	$7,176.70	$115,086.48
20	$6,697.92	$7,619.35	$107,467.14
21	$6,227.98	$8,089.29	$99,377.85
22	$5,729.05	$8,588.22	$90,789.63
23	$5,199.34	$9,117.92	$81,671.70
24	$4,636.97	$9,680.30	$71,991.41
25	$4,039.91	$10,277.36	$61,714.05
26	$3,406.03	$10,911.24	$50,802.81
27	$2,733.05	$11,584.22	$39,218.59
28	$2,018.56	$12,298.71	$26,919.88
29	$1,260.00	$13,057.27	$13,862.61
30	$454.65	$13,862.61	$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 Caro, MI

	1500 sqft	3900 sqft
Ø selling price	$137,941	$293,436
Ø fast selling	$125,401	$264,093
Ø high price sale	$150,480	$322,780

In 2026, houses in Caro, MI will be offered at an average price of $76 per square foot. A 1,500 sqft home priced at $137,941 is 23.37% more expensive per square foot than a 3,900 sqft home priced at $293,436. Home prices in Caro, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $203,149. Sellers who can wait longer may achieve a higher price of up to $248,293.

FAQ – Home Values in Caro

What is the median home value in Caro in 2026?

In 2026, the typical home value in Caro is about $199,000 for an average home size of 2622 square feet. This corresponds to an average price of roughly $76 per square foot.

What is the average cost per square foot in Caro?

In 2026, homes in Caro sell for an average of around $76 per square foot, with a typical range between $76 and $76 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 Caro is about 2622 square feet, with an estimated 2026 value around $199,000.

Locations close to Caro, MI

Carrollton, MI	83 $ / ft²
Caseville, MI	420 $ / ft²
Cass City, MI	64 $ / ft²
Bridgeport, MI	73 $ / ft²
Black River, MI	126 $ / ft²
Bay Port, MI	82 $ / ft²

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