Durand Real Estate
12 active listings · 103 sold in the past 12mo
$232,400
Median List Price
103
Sold (past 12mo)
63
Avg Days on Market
+5.2%
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(12)
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Under Contract
1/64
$499,999
7493 S Sheridan Avenue, Durand, MI 48429
3 bd3 ba3,124 sqft6.37 ac
Single Family
For Sale
1/61
$344,900
5481 Sheridan Avenue, Durand, MI 48429
3 bd1 ba2 ac
Single Family
For Sale
1/42
$324,900
10900 Lansing Road, Durand, MI 48429
2 bd1 ba4.84 ac
Single Family
For Sale
1/32
$299,000
8612 Monroe Road, Durand, MI 48429
3 bd2 ba0.60 ac
Single Family
For Sale
1/26
$284,900
202 Creek Pointe Circle, Durand, MI 48429
4 bd2 ba2,072 sqft0.20 ac
Single Family
For Sale
1/40
$269,900
223 Creek Pointe Circle, Durand, MI 48429
3 bd2 ba1,735 sqft0.24 ac
Single Family
Under Contract
1/37
$194,900
117 E Fauble Street, Durand, MI 48429
3 bd1 ba1,200 sqft0.16 ac
Single Family
For Sale
1/23
$169,900
111 Oak Street, Durand, MI 48429
3 bd1 ba0.16 ac
Single Family
For Sale
1/50
$129,900
10001 E Goodall Road, 404, Durand, MI 48429
2 bd1 ba1,139 sqft
Condo
For Sale
1/16
$99,900
506 W Brand Street, Durand, MI 48429
2 bd2 ba1,498 sqft0.15 ac
Single Family
For Sale
1/7
$85,000
10915 E Goodall Road, Durand, MI 48429
1 bd1 ba620 sqft0.10 ac
Mfg Home
For Sale
1/26
$26,000
10001 E Goodall Road, Durand, MI 48429
0.05 ac
Single Family
Recently Sold(103)
Frequently Asked Questions about Durand
What is the current real estate inventory in Durand?
Durand currently has 12 homes listed for sale. The median asking price is $232,400.
What is the median home price in Durand?
The median sale price in Durand is $232,400, based on 103 closed sales over the past 12 months.
How fast do homes sell in Durand?
Homes in Durand sell in an average of 63 days, based on 103 sales over the past 12 months.
What school districts serve Durand?
Durand 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 Durand may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Durand a buyer's or seller's market?
With 1.4 months of inventory, Durand is currently a seller's market. This is based on 12 active listings and 103 sales in the past 12 months.
How much are property taxes in Durand?
Michigan property taxes in Durand 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 Durand?
Census demographic data shows a +5.2% Household Formation Gap in Durand. As average household size fell from 2.59 to 2.28, the estimated number of households grew by 76. Population declined 7.4% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.