Casnovia Real Estate
2 active listings · 7 sold in the past 12mo
$219,900
Median List Price
7
Sold (past 12mo)
61
Avg Days on Market
-0.8%
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.
Your Casnovia Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Casnovia and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
Loading map…
Market Dashboard
Homes for Sale(2)
View all with filters →
For Sale
1/2
$224,900
65 N Newaygo Road, Casnovia, MI 49318
3 bd2 ba1,488 sqft1.21 ac
Single Family
For Sale
1/3
$214,900
65 N Newaygo Road, Casnovia, MI 49318
3 bd2 ba1,488 sqft1.21 ac
Single Family
Recently Sold(7)
| Address | Sold Price | Date Sold |
|---|---|---|
| 2406 Newaygo Road, Casnovia, MI 49318 | $340,000 | Apr 16, 2026 |
| 96 E Waterloo Street NW, Casnovia, MI 49318 | $244,000 | Feb 26, 2026 |
| 65 S Main Street NW, Casnovia, MI 49318 | $180,000 | Feb 22, 2026 |
| 295 Shaw Road, Casnovia, MI 49318 | $210,000 | Oct 8, 2025 |
| 15330 M-46 (Apple Ave), Casnovia, MI 49318 | $82,003 | Aug 11, 2025 |
| 116 N Main Street, Casnovia, MI 49318 | $222,500 | Aug 7, 2025 |
| 111 E Division Street, Casnovia, MI 49318 | $270,000 | Jul 30, 2025 |
Frequently Asked Questions about Casnovia
Are there homes available in Casnovia right now?
Buyers in Casnovia can choose from 2 active listings. The median asking price is $219,900.
How much do homes cost in Casnovia?
The median sale price in Casnovia is $219,900, based on 7 closed sales over the past 12 months.
How long do homes stay on the market in Casnovia?
Homes in Casnovia sell in an average of 61 days, based on 7 sales over the past 12 months.
What schools are in Casnovia?
Casnovia 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 Casnovia may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Casnovia?
With 3.4 months of inventory, Casnovia is currently a balanced market. This is based on 2 active listings and 7 sales in the past 12 months.
What are property taxes like in Casnovia?
Michigan property taxes in Casnovia 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.
Is housing demand growing in Casnovia?
Per U.S. Census ACS data, Casnovia has a -0.8% Household Formation Gap — essentially flat over the past 15 years. Average household size shifted from 2.7 to 3.28, while population grew 20.5%. This secondary indicator suggests demographic housing demand has remained relatively stable.