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Caledonia village, MI

ZIP 49316 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49316

Median Home Value
$338,800
Median Rent
$1,134
Affordability Snapshot
$93,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,176/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 49316 in Caledonia village, MI, a household would need roughly $93,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,176. That is roughly in line with the local median household income ($101,548). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
89.5%+37% vs US avg
x
Vacancy Rate
2.4%-77% vs US avg
x
Broadband Access
95.6%+10% vs US avg
x
4+ Bedrooms
11.8%-20% vs US avg
x
Built Pre-1939
1.7%-87% vs US avg
x
Built Post-2014
1.9%-72% vs US avg
x
Rent Burden >30%
11.1%-78% vs US avg
x
Mortgage-Free
35.7%-6% vs US avg
x
$338,800
Home Value
$1,134
Rent
1998
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached76.3%
  • 1-unit attached9.7%
  • 2-9 units3.2%
  • 10+ units5.7%
  • Mobile home & other5.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$338,800
Median rent$1,134
Owner-occupied89.5%
Vacant2.4%
Price-to-income3.3x
Est. income to buy$93,000