Caspian, MI Housing Market
The Caspian housing market is somewhat competitive. The median sale price of a home in Caspian was $115K over the last 3 months, up 72.3% since the same period last year.
Caspian Housing Market Trends
Over the three months ending May 2026, Caspian home prices were up 72.3% compared to the same period last year, selling for a median price of $115K.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Caspian housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 3% above list price and go pending in around 91 days.
- Hot homescan sell for about 10% above list price and go pending in around 1 day.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 51 days.
- Hot homescan sell for about 1% above list price and go pending in around 29 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 73 days.
- Hot homescan sell for around list price and go pending in around 40 days.
Caspian Migration & Relocation Trends
View houses in Caspian that sold recently
Recently sold homes
- $179,400 Last Sold Price3 beds1 bath1,015 sq ft512 Baltic Ave, Caspian, MI 49915(906) 265-7325List Price$179,900Sale to List0% under listDays on Market74 days512 Baltic Ave, Caspian, MI 49915
- $144,000 Last Sold Price3 beds1.5 baths1,244 sq ft201 Lennox Pl, Caspian, MI 49915(906) 265-7325List Price$139,900Sale to List3% over listDays on Market62 days201 Lennox Pl, Caspian, MI 49915
- $196,000 Last Sold Price3 beds2 baths1,452 sq ft512 E 1st St, Caspian, MI 49915(906) 265-7325List Price$199,900Sale to List2% under listDays on Market49 days512 E 1st St, Caspian, MI 49915
- $110,000 Last Sold Price3 beds1 bath1,120 sq ft428 E Caspian Ave, Caspian, MI 49915(877) 875-6331List Price$110,000Sale to List0% over listDays on Market90 days428 E Caspian Ave, Caspian, MI 49915
- $69,000 Last Sold Price2 beds1.5 baths1,050 sq ft524 Baltic Ave, Caspian, MI 49915(906) 265-6133List Price$69,000Sale to List0% over listDays on Market168 days524 Baltic Ave, Caspian, MI 49915
Schools in Caspian
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on Caspian housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Caspian.
Flood Factor - Moderate
Flood Factor

Fire Factor - Minimal
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

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