Carleton Real Estate
9 active listings · 75 sold in the past 12mo
$269,900
Median List Price
75
Sold (past 12mo)
77
Avg Days on Market
-2.4%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(9)
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For Sale
1/58
$414,990
14104 Carleton West Road, Carleton, MI 48117
4 bd2 ba2,240 sqft1.78 ac
Single Family
For Sale
1/97
$399,900
12660 Grafton Road, Carleton, MI 48117
0.21 ac
Multi-Fam
For Sale
1/20
$349,000
533 Center Street, Carleton, MI 48117
3 bd2 ba1 ac
Single Family
For Sale
1/36
$329,900
11952 Grafton Road, Carleton, MI 48117
3 bd2 ba1.91 ac
Single Family
For Sale
1/30
$269,900
750 E Labo Road, Carleton, MI 48117
3 bd1 ba0.50 ac
Single Family
For Sale
1/24
$179,900
12259 Eldora Road, Carleton, MI 48117
2 bd1 ba0.18 ac
Single Family
For Sale
1/23
$125,000
13617 Orchard View Street, Carleton, MI 48117
3 bd2 ba1,568 sqft0.01 ac
Mfg Home
For Sale
1/15
$48,900
3539 Berry Drive, Carleton, MI 48117
3 bd2 ba1,456 sqft0.10 ac
Mfg Home
For Sale
1/18
$45,900
13499 Heritage Street, Carleton, MI 48117
3 bd2 ba1,344 sqft0.10 ac
Mfg Home
Recently Sold(75)
Frequently Asked Questions about Carleton
How many homes are for sale in Carleton?
There are currently 9 active listings in Carleton. The median asking price is $269,900.
What are home prices like in Carleton?
Homes in Carleton sell for a median of $269,900, drawn from 75 transactions over the past year.
What is the average days on market in Carleton?
The average days on market in Carleton is 77, based on 75 recent transactions.
Which school districts cover Carleton?
Carleton is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Carleton may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Carleton real estate market?
With 1.4 months of inventory, Carleton is currently a seller's market. This is based on 9 active listings and 75 sales in the past 12 months.
How are property taxes calculated in Carleton?
Michigan property taxes in Carleton are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Carleton?
Per U.S. Census ACS data, Carleton has a -2.4% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population grew 3.4%, outpacing the effect of shrinking household sizes (2.53 to 2.68). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.