Kaleva Real Estate
2 active listings · 17 sold in the past 12mo
$144,900
Median List Price
17
Sold (past 12mo)
87
Avg Days on Market
-9.3%
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(2)
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For Sale
1/31
$199,900
15450 Johnson Road, Kaleva, MI 49645
3 bd2 ba1,350 sqft5 ac
Mfg Home
For Sale
1/17
$89,900
15744 Creamery Road, Kaleva, MI 49645
10.50 ac
Single Family
Recently Sold(17)
| Address | Sold Price | Date Sold |
|---|---|---|
| 9900 Jouppi Road, Kaleva, MI 49645 | $230,000 | Apr 30, 2026 |
| 12355 9 Mile Road, Kaleva, MI 49645 | $255,000 | Apr 28, 2026 |
| 12355 9 Mile Road, Kaleva, MI 49645 | $255,000 | Apr 28, 2026 |
| 15527 Nine Mile Road Road, Kaleva, MI 49645 | $149,000 | Apr 23, 2026 |
| 8548 Lyman Road, Kaleva, MI 49645 | $357,500 | Apr 9, 2026 |
| 8710 Jouppi Road, Kaleva, MI 49645 | $55,000 | Mar 15, 2026 |
| 12207 9 Mile Road, Kaleva, MI 49645 | $365,000 | Feb 8, 2026 |
| 9458 Johnson Road, Kaleva, MI 49645 | $250,000 | Dec 18, 2025 |
| 9458 Johnson Road, Kaleva, MI 49645 | $250,000 | Dec 18, 2025 |
| 14977 9 Mile Road, Kaleva, MI 49645 | $499,900 | Dec 15, 2025 |
| 12375 9 Mile Road, Kaleva, MI 49645 | $180,000 | Nov 24, 2025 |
| 14700 9 Mile Road, Kaleva, MI 49645 | $200,000 | Oct 15, 2025 |
| 14770 Panu Avenue, Kaleva, MI 49645 | $168,000 | Sep 25, 2025 |
| 8644 Lyman Road, Kaleva, MI 49645 | $335,000 | Sep 11, 2025 |
| 13530 9 Mile Road, Kaleva, MI 49645 | $222,000 | Aug 21, 2025 |
| 9646 Jouppi Road, Kaleva, MI 49645 | $85,000 | Jul 24, 2025 |
| 14800 Kangas Road, Kaleva, MI 49645 | $335,000 | Jun 15, 2025 |
Frequently Asked Questions about Kaleva
How many homes are for sale in Kaleva?
Kaleva currently has 2 homes listed for sale. The median asking price is $144,900.
How much do homes cost in Kaleva?
Homes in Kaleva sell for a median of $144,900, drawn from 17 transactions over the past year.
How long do homes stay on the market in Kaleva?
The average days on market in Kaleva is 87, based on 17 recent transactions.
What schools are in Kaleva?
Kaleva 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 Kaleva may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Kaleva?
With 1.4 months of inventory, Kaleva is currently a seller's market. This is based on 2 active listings and 17 sales in the past 12 months.
How much are property taxes in Kaleva?
Michigan property taxes in Kaleva 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 Kaleva?
Per U.S. Census ACS data, Kaleva has a -9.3% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 0.4%, outpacing the effect of shrinking household sizes (2.34 to 2.57). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.