Croton, MI housing market
Home prices around Croton have risen about 68% over the past 5 years. No new homes were permitted in 2014.
Home values, sales, trends and how Croton compares with the towns next door — updated as new data is published.
Home prices up 68% in 5 years
The federal house price index for the ZIP codes around Croton rose 68% over the past 5 years, faster than across Michigan (52%). Last year prices rose 10%. Carrying the Census median home value forward with that index puts the typical Croton home at roughly $405,000 today.
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| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +10% | +149% | +97% |
| 2024 | +0.9% | +125% | +88% |
| 2023 | +13% | +123% | +76% |
| 2022 | +18% | +97% | +64% |
| 2021 | +13% | +67% | +45% |
| 2020 | +1.9% | +48% | +30% |
| 2019 | +9% | +45% | +26% |
| 2018 | +7.3% | +33% | +20% |
| 2017 | +11% | +24% | +12% |
| 2016 | +2.4% | +12% | +5.3% |
| 2015 | +8% | +9.3% | 0% |
| 2014 | +2.8% | +1.2% | −4.7% |
| 2013 | +3.9% | −1.5% | −12% |
| 2012 | −2.7% | −5.2% | −16% |
| 2011 | −6% | −2.5% | −16% |
| 2010 | −5.3% | +3.7% | −12% |
| 2009 | −7.7% | +9.5% | −5% |
| 2008 | +0.2% | +19% | +3.5% |
| 2007 | −2.4% | +18% | +11% |
| 2006 | −1.1% | +21% | +16% |
| 2005 | +5% | +23% | +18% |
| 2004 | +3.5% | +17% | +14% |
| 2003 | +2.8% | +13% | +10% |
| 2002 | +4.2% | +9.7% | +8.3% |
| 2001 | +5.3% | +5.3% | +5% |
| 2000 | — | — | — |
How Croton ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 49337, 49329, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
No new homes permitted in 2014
No permits for new homes were issued in Croton in 2014. The last year with any was 2013 (7 new homes).
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — |
| 2013 | 7 | 7 | 0 | $504,000 |
| 2012 | 4 | 4 | 0 | $328,000 |
| 2011 | 6 | 6 | 0 | $352,000 |
| 2010 | 6 | 6 | 0 | $396,000 |
| 2009 | 5 | 5 | 0 | $342,000 |
| 2008 | 13 | 13 | 0 | $1.2 million |
| 2007 | 17 | 17 | 0 | $4.9 million |
| 2006 | 26 | 26 | 0 | $3.2 million |
| 2005 | 32 | 32 | 0 | $2.9 million |
| 2004 | 43 | 43 | 0 | $4.4 million |
| 2003 | 52 | 52 | 0 | $4.1 million |
| 2002 | 49 | 49 | 0 | $3.2 million |
| 2001 | 29 | 29 | 0 | $2.3 million |
| 2000 | 40 | 40 | 0 | $4 million |
Croton's permit office didn't report to the Census in 2014, so the 2014 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Croton and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Croton | +10.5%† | $1,130 | — | $76,765 |
| Big Prairie | +1.4%† | $1,010 | — | $53,289 |
| Ensley | +4.8%† | $1,280 | 6 | $75,954 |
| Brooks | +11.3%† | $1,090 | — | $77,734 |
| Reynolds | +7.8%† | $1,240 | — | $72,857 |
† FHFA price index change, where Zillow has no home value for the town.
2.8 years of income
The typical Croton home costs about 2.8 years of the town's median household income, less than across Michigan (3.7 years).
How Croton ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,130
HUD's Fair Market Rent for a two-bedroom in Croton is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Croton pay a median of $1,512. A two-bedroom takes about 18% of the town's median household income.
Studio $800 · 4 bedrooms $1,510
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49329, 49337; Montcalm County, MI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.