Caspian MI Multi Family for Sale

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Caspian Real Estate

The median home value in Caspian, MI is $53,950. This is lower than the county median home value of $101,000. The national median home value is $338,100. The average price of homes sold in Caspian, MI is $53,950. Approximately 51.44% of Caspian homes are owned, compared to 20.69% rented, while 27.87% are vacant. Caspian real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Caspian real estate agent to arrange a tour today!

Caspian, Michigan has a population of 510. Caspian is less family-centric than the surrounding county with 7.52% of the households containing married families with children. The county average for households married with children is 13.34%.

The median household income in Caspian, Michigan is $39,583. The median household income for the surrounding county is $45,792 compared to the national median of $69,021. The median age of people living in Caspian is 52.4 years.

Caspian Weather

The average high temperature in July is 77.9 degrees, with an average low temperature in January of 0.5 degrees. The average rainfall is approximately 30.7 inches per year, with 85.1 inches of snow per year.

Caspian Real Estate Market Conditions

  • Median sales price

    $53,950
    18.2% change since last quarter
  • # Active listings

    9
    30-day change

Caspian Schools and Demographics

Education near Caspian, MI

Metric City County
High School Graduates 86.14 92.27
College Degree - 2 year 9.9 9.19
College Degree - 4 year 11.14 19.21
Graduate Degree 3.96 5.36
Expenditures per Student 13,153 13,153
Students per Teacher 16.2 16.2

Elementary Schools near Caspian, MI

School Grades Students P/T Ratio ZIP
Stambaugh Elementary School PK - 06 389 17.8 49935

Middle Schools near Caspian, MI

School Grades Students P/T Ratio ZIP
West Iron County Middle School 05 - 08 218 18.7 49935

High Schools near Caspian, MI

School Grades Students P/T Ratio ZIP
West Iron County High School 09 - 12 236 15.1 49935

Demographics near Caspian, MI

Metric City County
Neighborhood Type Small Town
Population 510 11,580
Population Density 357 10
Median Age 52.4 53.2
People per Household 2 2.2
Median Household Income 39,583 45,792
Average Income per Capita 23,829 28,723