Checked
Caro, MI Home Values and Rents
The typical home value in Caro is $182,228, 406th highest of 442 cities and towns in Michigan. Median rent is $753 a month.
- Typical home value
- $182,228
- 406th of 442 in MI
- Median rent
- $753/mo
- ACS 2020-2024
- Price change, 1 year
- +4.7%
- Sep 2026
- Homeownership
- 64.0%
- MI: 73.2%
Typical home value in Caro
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Caro |
|---|---|
| Sep 2026 | $182,228 |
| Dec 2025 | $179,068 |
| Dec 2024 | $167,508 |
| Dec 2023 | $159,274 |
| Dec 2022 | $155,320 |
| Dec 2021 | $147,491 |
| Dec 2020 | $130,604 |
| Dec 2019 | $114,013 |
| Dec 2018 | $105,951 |
| Dec 2017 | $93,744 |
| Dec 2016 | $97,917 |
| Dec 2015 | $91,936 |
| Dec 2014 | $84,632 |
| Dec 2013 | $96,748 |
| Dec 2012 | $96,070 |
Over five years, Caro prices changed +24.7%.
Source: Zillow Research · Last updated 09/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Tuscola County, MI
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $706 | +5.2% |
| 1 bedroom | $839 | +6.7% |
| 2 bedrooms | $1,014 | +4.2% |
| 3 bedrooms | $1,340 | +4.0% |
| 4 bedrooms | $1,535 | +8.1% |
Frequently asked questions
- What is the typical home value in Caro, MI?
- The typical home value in Caro is $182,228 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
- How much is rent in Caro?
- The median rent in Caro is $753 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Caro?
- The typical home value in Caro changed +4.7% over one year and +24.7% over five years, as of Sep 2026.
- How does Caro compare with the rest of Michigan?
- Caro has the 406th highest median home value of 442 cities and towns with 1,000+ residents in Michigan.