Montcalm, MI housing market
Home prices around Montcalm have risen about 59% over the past 5 years. No new homes were permitted in 2011.
Home values, sales, trends and how Montcalm compares with the towns next door — updated as new data is published.
Home prices up 59% in 5 years
The federal house price index for the ZIP codes around Montcalm rose 59% over the past 5 years, faster than across Michigan (52%). Last year prices rose 5.7%. Carrying the Census median home value forward with that index puts the typical Montcalm home at roughly $370,000 today.
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| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +5.7% | +151% | +97% |
| 2024 | +8% | +138% | +88% |
| 2023 | +7.8% | +120% | +76% |
| 2022 | +16% | +104% | +64% |
| 2021 | +12% | +76% | +45% |
| 2020 | +6.4% | +58% | +30% |
| 2019 | +3.8% | +48% | +26% |
| 2018 | +12% | +43% | +20% |
| 2017 | +5.9% | +27% | +12% |
| 2016 | +10% | +20% | +5.3% |
| 2015 | +5.8% | +9.3% | 0% |
| 2014 | +7.1% | +3.3% | −4.7% |
| 2013 | +3.3% | −3.6% | −12% |
| 2012 | −1.6% | −6.7% | −16% |
| 2011 | −2.6% | −5.2% | −16% |
| 2010 | −9.5% | −2.6% | −12% |
| 2009 | −3.1% | +7.6% | −5% |
| 2008 | −6.5% | +11% | +3.5% |
| 2007 | −1.6% | +19% | +11% |
| 2006 | −0.9% | +21% | +16% |
| 2005 | +4.4% | +22% | +18% |
| 2004 | +3.3% | +17% | +14% |
| 2003 | +2.2% | +13% | +10% |
| 2002 | +2.9% | +10% | +8.3% |
| 2001 | +7.4% | +7.4% | +5% |
| 2000 | — | — | — |
How Montcalm ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 48838, 49326, 48885, 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 2011
No permits for new homes were issued in Montcalm in 2011. The last year with any was 2007 (3 new homes).
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 3 | 3 | 0 | $231,000 |
| 2006 | 14 | 14 | 0 | $1.5 million |
| 2005 | 7 | 7 | 0 | $562,000 |
| 2004 | 7 | 7 | 0 | $562,000 |
| 2003 | 16 | 16 | 0 | $1.2 million |
| 2002 | 15 | 15 | 0 | $1.1 million |
| 2001 | 17 | 17 | 0 | $1.5 million |
| 2000 | 34 | 34 | 0 | $2.5 million |
Montcalm's permit office reported 2 of 12 months in 2011; the Census estimated the rest.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Montcalm and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Montcalm | — | +5.7%† | $1,300 | — | $71,293 |
| Sidney | $231K | +9.8% | $1,230 | — | $60,050 |
| Eureka | — | +7%† | $1,300 | — | $77,266 |
| Spencer | — | +4.1%† | $1,330 | 15 | $82,571 |
| Greenville | $274K | +5.8% | $1,300 | 51 | $63,285 |
| Pine | — | +1.4%† | $1,250 | — | $82,966 |
| Douglass | — | +1%† | $1,210 | — | $66,806 |
† FHFA price index change, where Zillow has no home value for the town.
3 years of income
The typical Montcalm home costs about 3 years of the town's median household income, less than across Michigan (3.7 years).
How Montcalm 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 $1,300
HUD's Fair Market Rent for a two-bedroom in Montcalm is $1,300 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Montcalm pay a median of $984, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.
Studio $1,040 · 4 bedrooms $1,850
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (48838, 48885, 49326; Grand Rapids-Wyoming, 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.