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MI area data

Cadillac, MI

Cadillac, MI.

Population: 22,092 (Census ACS)

Home values & appreciation

Median home value
$237,200
1-year appreciation
+4.9%
3-year appreciation
+17.6%
5-year appreciation
+32.0%
10-year appreciation
+192.0%
All-time peak (2026-04)
$237,229
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$225,000
Median list price
$237,900
Median days on market
49 days
Sale-to-list ratio
97.8%
Active listings
86
1-year forecast
+2.0%
Days to pending
32 days
New listings (monthly)
45

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
7
Elementary schools
2
Middle schools
1
High schools
3

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
winterWeather, coldWave, strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.0°F
Average low
35.0°F
Annual precipitation
39.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
35
Days with Good air quality
314

Walkability & transit

Walkability index
4.8 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Sleeping Bear Dunes National Lakeshore (54 mi)
Nearest airport
Wexford County Airport (CAD) (5 mi)
Nearest major airport
Cherry Capital Airport (TVC) (34 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+151 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$2,159
Mean commute to work
18 min
Households with broadband internet
64.2%

Employment & development

Total county employment
11,427
Average weekly wage
$916
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
59

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents