Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Colwood area can be challenging. Home prices in Colwood are now at a median cost of $113,561, lower than the Michigan average of $196,062.
The average cost of rent is $811/mo in Colwood, primarily driven by the current value of real estate in the Colwood area. While nearly 45.71% of residents own their homes outright in Colwood, 18.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colwood is $4,447 per month. Households that rent pay about 18.24% of their income on rent here. Colwood's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Colling, MI: equally priced homes
- Gagetown, MI: equally priced homes
- Unionville, MI: equally priced homes
- Cass City, MI: equally priced homes
- Caro, MI: less expensive homes
- Wickware, MI: equally priced homes
- Sebewaing, MI: less expensive homes
- Akron, MI: less expensive homes
- Owendale, MI: equally priced homes
- DeFord, MI: equally priced homes
Cities with Similar Populations
- Daggett, IL: equally priced homes
- Crains Mills, NY: higher priced homes
- Cranberry Lake, NY: less expensive homes
- Wirock, MN: higher priced homes
- Macksville, WV: less expensive homes
- Lynville, MS: less expensive homes
- Lusk, TN: higher priced homes
- Ludlow, CO: higher priced homes
- Tamaha, OK: less expensive homes
- Tama, OH: higher priced homes
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