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Cadillac, MI 49601 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Cadillac, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 5252PendingPending sales: 44
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): $225k$225kSoldMedian sold price (last 6 months): $230k$230k
What homes actually sell for in Cadillac, MI
Distribution of 196 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $157k to $358k
$70k to $133k: 24 sales$70k$133k to $196k: 42 sales$196k to $259k: 45 sales45sales$196k$259k to $322k: 24 sales$322k to $386k: 12 sales$322k$386k to $449k: 15 sales$449k to $512k: 13 sales$449k$512k to $575k: 2 salesMedian $230k

What the numbers say

As of September 14, 2026, Resideline is tracking 52 active listings and 4 pending sales in ZIP code 49601. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $225,000, while the median of the 196 closed sales Resideline tracked over the last six months was $230,400. 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 64 days.

Frequently asked questions

What is the median home price in 49601?

The median closed sale price in Cadillac, MI 49601 was $230,400 over the last six months, based on 196 closed sales tracked by Resideline. The middle half of those sales ranged from $157,000 to $358,000.

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

Resideline is currently tracking 4 pending sales against 52 active listings in 49601, a pending-to-active ratio of 0.08. 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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