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Colon, MI Home Values and Rents
The typical home value in Colon is $207,053, 284th highest of 442 cities and towns in Michigan. Median rent is $785 a month.
- Typical home value
- $207,053
- 284th of 442 in MI
- Median rent
- $785/mo
- ACS 2020-2024
- Price change, 1 year
- +4.2%
- Sep 2026
- Homeownership
- 71.4%
- MI: 73.2%
Typical home value in Colon
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Colon |
|---|---|
| Sep 2026 | $207,053 |
| Dec 2025 | $201,787 |
| Dec 2024 | $193,927 |
| Dec 2023 | $185,357 |
| Dec 2022 | $178,731 |
| Dec 2021 | $173,385 |
| Dec 2020 | $153,004 |
| Dec 2019 | $136,678 |
| Dec 2018 | $128,146 |
| Dec 2017 | $118,136 |
| Dec 2016 | $111,389 |
| Dec 2015 | $110,543 |
| Dec 2014 | $105,797 |
| Dec 2013 | $102,721 |
| Dec 2012 | $97,865 |
Over five years, Colon prices changed +22.6%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for St. Joseph County, MI
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $752 | +4.3% |
| 1 bedroom | $800 | +3.0% |
| 2 bedrooms | $1,046 | +2.6% |
| 3 bedrooms | $1,382 | +0.1% |
| 4 bedrooms | $1,461 | -1.3% |
Frequently asked questions
- What is the typical home value in Colon, MI?
- The typical home value in Colon is $207,053 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
- How much is rent in Colon?
- The median rent in Colon is $785 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,046.
- Are home prices going up in Colon?
- The typical home value in Colon changed +4.2% over one year and +22.6% over five years, as of Sep 2026.
- How does Colon compare with the rest of Michigan?
- Colon has the 284th highest median home value of 442 cities and towns with 1,000+ residents in Michigan.