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Cadillac, MI 49601 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Cadillac, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 5757PendingPending sales: 22
Cadillac, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $300k$300kSoldMedian sold price (last 6 months): $238k$238k
What homes actually sell for in Cadillac, MI
Distribution of 210 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $170k to $358k
$70k to $133k: 27 sales$70k$133k to $196k: 41 sales$196k to $259k: 47 sales47sales$196k$259k to $322k: 28 sales$322k to $386k: 15 sales$322k$386k to $449k: 16 sales$449k to $512k: 14 sales$449k$512k to $575k: 2 salesMedian $238k

What the numbers say

As of October 5, 2026, Resideline is tracking 57 active listings and 2 pending sales in ZIP code 49601. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,500, while the median of the 210 closed sales Resideline tracked over the last six months was $237,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 49601 for 61 days.

Frequently asked questions

What is the median home price in 49601?

The median closed sale price in Cadillac, MI 49601 was $237,900 over the last six months, based on 210 closed sales tracked by Resideline. The middle half of those sales ranged from $170,000 to $358,000.

Is 49601 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 57 active listings in 49601, a pending-to-active ratio of 0.04. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 49601 currently looks like a balanced market.

Nearby ZIP code market data

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