Market Intelligence Report — MI-620

Cadillac, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-08
As of the latest 2026 data
Cooling

Median Listing

$299K
+5.9% YoY

Pending Ratio

0.32
-17.7% YoY

Active Inventory

186
+27.4% YoY

Median DOM

52 Days
-5.5% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Cadillac market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Cadillac, MI.

Free ReportNo Sign-up~60 Seconds

The Cadillac market is currently Cooling, primarily driven by a pending ratio of 0.32, indicating demand absorption is lagging supply. Active listings have expanded significantly, increasing by 27.4% over the past year, contributing to a less competitive environment.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Cadillac market right now.

Inventory levels have seen substantial growth, with active listings up 27.4% and new listings increasing by 57.1% over the past year, suggesting a notable increase in available supply. Concurrently, the pending ratio has declined by 17.7% over the past year, reflecting diminished demand relative to this expanded inventory. Despite these trends, the median listing price has demonstrated a 5.9% year-over-year increase, although the average listing price has decreased by 1.2% over the same period.

Historical Analysis

Market Trends

Median Price

$299K+0.6% MoM

Active Inventory

186+27.4% YoY

Days on Market

52-5.5% YoY

Sold Score™

34-17.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

34
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The expansion in active inventory and the lower pending ratio indicate reduced pressure on available supply, which generally necessitates greater price discipline from sellers. The market pace has softened, suggesting buyers have an extended timeframe for decision-making and potentially more leverage in negotiations. The dynamics suggest a shift toward conditions where properties may remain on the market longer without adjustments.

Luxury Segment

The average listing price has declined by 1.2% year-over-year, while the median listing price increased by 5.9%, indicating some softening at the higher price tiers. This divergence suggests a potential recalibration of pricing expectations within the luxury segment of the market.

Supply Dynamics

186 active listings represent the current floor, with new supply arriving at roughly 88 per month.

Pricing Pressure
23.5%

of active listings carry a price reduction, +4.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.8% year-over-year.

Absorption
0.32

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Cadillac, MI? Inventory is up 27% from last year.

Buyers have leverage in Cadillac, MI. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
32%
Median Days on Market
52 days
Inventory YoY
+27%

In a buyer's market, strategy beats timing. See how your home scores in Cadillac, MI and what moves the number.

See my Sold Score & selling strategy

Prefer the data first? Get the monthly Cadillac, MI briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Cadillac, MI yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Cadillac market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Cadillac, MI
CBSA Code
15620
State
MI

ZIPs in Cadillac, MI

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Cadillac?+

    As of the latest 2026 data, the Cadillac metro is classified as Cooling. Pending ratio is 0.32 with median days on market at 52.

  • Are home prices dropping in Cadillac?+

    Median listing price is $299K, +5.9% year over year. 23.5% of active listings carry a price reduction.

  • How fast are homes selling in Cadillac?+

    The typical listing sits 52 days on market, a -5.5% change YoY. New listings are arriving at 88 per month.

  • What's happening in the Cadillac luxury market?+

    The average listing price has declined by 1.2% year-over-year, while the median listing price increased by 5.9%, indicating some softening at the higher price tiers. This divergence suggests a potential recalibration of pricing expectations within the luxury segment of the market.

  • Where can I find a trusted Cadillac real estate expert?+

    Primpted maintains a vetted registry of Cadillac agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 15620 · 36mo history