What is the median home value in Cato Township, MI?
The median value of owner-occupied homes in Cato Township, MI is $174,200 (±$12,371), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Cato Township, the median home value went from $93,100 in 2015–2019 to $174,200 in 2020–2024 (+87.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $174,200 (±$12,371)
- Owner-occupied homes
- 884 (±102)
- Most common range
- $150,000 to $199,999
Home values in Cato Township
| Value | Cato Township | Montcalm County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 3.1% (±3.0 points) | 9.0% | 7.6% | 5.3% |
| $50,000 to $99,999 | 12.4% (±5.3 points) | 12.3% | 9.2% | 6.1% |
| $100,000 to $149,999 | 13.1% (±4.3 points) | 15.3% | 10.6% | 6.8% |
| $150,000 to $199,999 | 35.5% (±10.8 points) | 18.3% | 14.1% | 9.0% |
| $200,000 to $299,999 | 23.0% (±6.7 points) | 25.8% | 23.4% | 17.8% |
| $300,000 to $499,999 | 10.2% (±3.9 points) | 15.2% | 24.1% | 26.9% |
| $500,000 to $999,999 | 2.7% (±1.8 points) | 3.2% | 9.2% | 20.9% |
| $1,000,000 or more | 0.0% (±3.3 points) | 0.8% | 1.6% | 7.1% |
The most common range is $150,000 to $199,999, 35.5% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Cato Township against Montcalm County, its state and the nation
| Cato Township | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $174,200 (±$12,371) | $185,500 (±$5,909) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 884 (±102) | 20,380 (±444) | 2,984,190 (±12,886) | 84,210,142 |
In Cato Township, the median home value is not measurably different from Montcalm County ($185,500).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Montcalm County, Cato Township ranks 15 of 23 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 945 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Cato Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $93,100 (±$8,682) | $174,200 (±$12,371) | +87.1% | Up after inflation |
| Median owner cost with a mortgage | $971 (±$74) | $1,438 (±$334) | +48.1% | No measurable change after inflation |
| Median real estate taxes | $1,517 (±$153) | $2,253 (±$320) | +48.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Cato Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Cato Township | — | $174,200 (±$12,371) | — |
| Pine Township | 5.0 mi | $220,400 (±$22,280) | Higher |
| Winfield Township | 5.1 mi | $234,600 (±$22,216) | Higher |
| Hinton Township | 5.8 mi | $156,000 (±$44,589) | Not measurably different |
| Belvidere Township | 6.5 mi | $174,300 (±$31,635) | Not measurably different |
| Maple Valley Township (Montcalm County) | 7.9 mi | $170,600 (±$38,250) | Not measurably different |
| Douglass Township | 8.1 mi | $157,000 (±$33,633) | Not measurably different |
| Deerfield Township (Mecosta County) | 8.5 mi | $161,800 (±$13,434) | Not measurably different |
| Millbrook Township | 8.9 mi | $195,000 (±$48,107) | Not measurably different |
Nearby places with a measurably higher figure: Pine Township, MI ($220,400), Winfield Township, MI ($234,600).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Montcalm County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 9 | Crystal Township (Montcalm County) | $194,000 (±$21,342) |
| 10 | Sidney Township | $188,300 (±$28,087) |
| 11 | Greenville | $184,200 (±$15,004) |
| 12 | Reynolds Township | $181,200 (±$29,372) |
| 13 | Ferris Township | $174,800 (±$39,259) |
| 14 | Belvidere Township | $174,300 (±$31,635) |
| 15 | Cato Township | $174,200 (±$12,371) |
| 16 | Maple Valley Township (Montcalm County) | $170,600 (±$38,250) |
| 17 | Day Township | $169,500 (±$16,345) |
| 18 | Fairplain Township | $162,000 (±$26,707) |
| 19 | Douglass Township | $157,000 (±$33,633) |
| 20 | Richland Township (Montcalm County) | $142,100 (±$24,683) |
| 21 | Home Township (Montcalm County) | $136,800 (±$19,400) |
Showing 13 of 23 places in Montcalm County, ranked from highest to lowest.
The figures for Cato Township include the places inside it that have pages of their own: Lakeview.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Cato Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Cato Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Cato Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Cato Township, and send estimates and invoices from your phone.
Questions about Cato Township
What is the average home value in Cato Township, MI?
The Census Bureau publishes the median: $174,200 (±$12,371) for owner-occupied homes in Cato Township (2020–2024 American Community Survey).
Have home values in Cato Township gone up?
In Cato Township, the median home value went from $93,100 in 2015–2019 to $174,200 in 2020–2024 (+87.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Cato Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cato township, Montcalm County, Michigan (county subdivision:14000, in state:26 county:117).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cato Township at a glance
- Median rent in Cato Township
- Renters and owners in Cato Township
- Income and affordability in Cato Township
- Homeowner costs in Cato Township
- Property taxes in Cato Township
- Types of homes in Cato Township
- Bedrooms in Cato Township
- Age of homes in Cato Township
- Heating fuel in Cato Township
- Commute and cars in Cato Township
- Population growth in Cato Township
- How long people stay in Cato Township
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by median home value
- Housing data for every place in Michigan