The story of this market
The typical home in ZIP 49316 sells for about $450,000, or $217 per square foot.
Prices are up +11.1% from a year ago, so sellers still have some momentum. Homes take about 4 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,338 a month.
ZIP 49316 — Caledonia
The 49316 housing market is highly competitive, with median prices rising 11.1% year-over-year to $450,000. Low inventory and strong demand from families continue to drive rapid sales, with homes selling in as little as 4 days. Several data points, including specific rent and tax figures, are not currently published at the ZIP level.
This ZIP is ideal for family buyers and professionals seeking a suburban environment with high-quality schools and a reasonable commute to Grand Rapids.
Median prices moved up 11.1% year over year.
Homes spend a median of 4 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 96.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 4.6% — a stable, low-distress profile.
ZCTA 49316, Kent County MI
The area is served by Caledonia Community Schools, which generally maintains a strong reputation within the Kent County region.
The area is experiencing steady residential development and suburban expansion, benefiting from its proximity to the Grand Rapids employment core.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents primarily commute by car toward Grand Rapids, with a mean commute time of approximately 22.1 minutes.
The area features access to local parks, trails, and proximity to regional lakes, providing a suburban lifestyle with convenient access to shopping and dining in Caledonia.
The rental market is characterized by low vacancy pressure and high demand, driven by the area's appeal to families and professionals working in the greater Grand Rapids area.
The economy is anchored by the broader Grand Rapids-Wyoming-Kentwood metro area, with a diverse mix of manufacturing, healthcare, and professional services.
Parcels are subject to Kent County and Caledonia Community Schools district levies.
Data retrieved from Census Reporter profile for ZCTA 49316.
Provides local green space and recreational facilities for residents.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).