Market Intelligence Report — MI-620

Cadillac, MI

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

Ref. No: 2026-MI-09
As of the latest 2026 data
Cooling

Median Listing

$297K
+9.6% YoY

Pending Ratio

0.37
-7.7% YoY

Active Inventory

208
+49.6% YoY

Median DOM

61 Days
+10.5% YoY

Primary Intelligence Tool — Sold Score™

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The Cadillac market is currently Cooling. The pending ratio stands at 0.37, representing a 7.7% decline over the past year, while active listings have expanded significantly, increasing by 49.6% year-over-year. This indicates a notable shift in demand-supply dynamics.

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 a substantial increase, with active listings rising by 49.6% year-over-year, alongside an 11.5% year-over-year increase in new listings. While the median listing price has increased 9.6% over the past year, it has experienced a marginal 0.6% decline month-over-month. The pending ratio has decreased by 7.7% year-over-year, reflecting a deceleration in demand absorption relative to available supply. Median days on market have also extended by 10.5% compared to the prior year.

Historical Analysis

Market Trends

Median Price

$297K-0.6% MoM

Active Inventory

208+49.6% YoY

Days on Market

61+10.5% YoY

Sold Score™

40-7.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

40
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 listings and the decline in the pending ratio suggest a less constrained environment for transaction activity, alleviating some pressure on buyers. The longer median days on market and elevated price-reduced share indicate that sellers may need to exercise greater price discipline. The pace of transactions has moderated, requiring more strategic positioning of properties.

Luxury Segment

The average listing price has only seen a 1.4% year-over-year increase, significantly lagging the 9.6% year-over-year growth in the median listing price. This disparity, coupled with a more modest 3.7% year-over-year rise in median $/sqft, suggests some underlying softness in the higher-price tiers of the market.

Supply Dynamics

208 active listings represent the current floor, with new supply arriving at roughly 58 per month.

Pricing Pressure
24.7%

of active listings carry a price reduction, +0.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.7% year-over-year.

Absorption
0.37

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Cadillac, MI? Homes here are taking 6 days longer to sell than 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
37%
Median Days on Market
61 days
Inventory YoY
+50%

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

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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 0.37 with median days on market at 61.

  • Are home prices dropping in Cadillac?+

    Median listing price is $297K, +9.6% year over year. 24.7% of active listings carry a price reduction.

  • How fast are homes selling in Cadillac?+

    The typical listing sits 61 days on market, a +10.5% change YoY. New listings are arriving at 58 per month.

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

    The average listing price has only seen a 1.4% year-over-year increase, significantly lagging the 9.6% year-over-year growth in the median listing price. This disparity, coupled with a more modest 3.7% year-over-year rise in median $/sqft, suggests some underlying softness in the higher-price tiers 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