Foreclosure Homes in Colon, MI

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5 View this home at S Blossom Lake Dr Colon MI 49040
$135,994 EMV

3 Bed | 2 Bath | 1,512 Sq. Ft.

View this home at Romine St Colon MI 49040
$148,009 EMV

3 Bed | 1 Bath

View this home at S Burr Oak Rd Colon MI 49040
$120,863 EMV
View this home at W Canal Colon MI 49040
$86,734 EMV
View this home at W M 86 Colon MI 49040
$82,744 EMV
View this home at Bowman St Colon MI 49040
$45,695 EMV
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Home Value Estimator For Colon, MI

There are currently 211 real estate properties in Colon, MI, with a median automated valuation model (AVM) price of $180,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Colon, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Colon, MI, is $214,702.00, with the most expensive house in Colon, MI, topping out at $886,900.00 and the cheapest home in Colon, MI, clocking in at $51,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Colon, MI!

Rent Prices In Colon, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Colon, MI, is on a rollercoaster ride. The average rent price in Colon, MI, is $1,334.00. Indeed, when looking to rent in Colon, MI, you can expect to pay as little as $940.00 or as much as $2,210.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Colon, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Colon, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Colon, MI area at Get information on foreclosure homes for rent, how to buy foreclosures in Colon, MI and much more. Save thousands at closing with home foreclosure listings in Colon, MI — up to 75% off market value!

Top Reasons To Live In Colon, MI In 2023

Colon is located in St. Joseph, Michigan, with an estimated municipal population of 1,158 residents. All of the best foreclosed homes for sale in Colon are located in the following zip code areas on 49040. The estimated population per square kilometer (.62 miles) in Colon is 325.

Cost Of Living In Colon, MI

So, about how much do homes cost in Colon? The most recent median value of resident-owned homes in Colon is 89,075. An estimated 60.9 percent of households in Colon own their homes, with an average family size of 3.06. The median household income in Colon is 46,364, with6.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Colon, the median commute time of resident workers (in minutes) is 25.6. And last, but certainly not least, are you looking for homes to rent in Colon? If so, the average rent price paid by renters in Colon is 555, according to recent statistics.

Diversity And Demographics In Colon, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Colon, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Colon is 36, split between 56.8 percent male versus 43.2 female. The percentage of residents who report being married in Colon is 46.3, with an average family size of 3.06.

The percentage of residents who report their race in Colon is as follows:

White 96.8%
Black / African American 0%
Asian 0.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 0%

Looking for family-friendly neighborhoods in and/or near Colon? Or maybe you are searching for 55+ active adult communities in and/or near Colon?

The percentage of residents who report their age in Colon is as follows:

Under 10 12.5%
Aged 10-19 13.6%
20s 16.7%
30s 11.3%
40s 10.5%
50s 11.1%
60s 9.1%
70s 9.5%
80+ 5.5%

Best Schools In Colon, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Colon with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Colon.

Pros And Cons Of Living In Colon, Michigan

How do you know that living in -- or moving to -- Colon is right where you need to be? Perhaps you grew up in Colon or already live nearby; therefore, the decision to buy a home in Colon is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Colon for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Colon:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Colon.

Reasons To Move To Colon, Michigan, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Colon can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Colon, meanwhile, can field multiple offers from more qualified buyers.

Colon, MI Foreclosures


Listing types in Colon, MI

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