Napoleon Real Estate
1 active listing · 1 sold in the past 12mo
$139,900
Median List Price
1
Sold (past 12mo)
45
Avg Days on Market
-2.1%
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.
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Homes for Sale(1)
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Recently Sold(1)
| Address | Sold Price | Date Sold |
|---|---|---|
| 131 N East Avenue, Napoleon, MI 49261 | $218,000 | Aug 17, 2025 |
Frequently Asked Questions about Napoleon
Are there homes available in Napoleon right now?
Napoleon currently has 1 home listed for sale. The median asking price is $139,900.
What school districts serve Napoleon?
Napoleon 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 Napoleon may be zoned for different districts. Check individual listings for the specific school district assignment.
How are property taxes calculated in Napoleon?
Michigan property taxes in Napoleon 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 Napoleon?
Per U.S. Census ACS data, Napoleon has a -2.1% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 19.4%, outpacing the effect of shrinking household sizes (2.78 to 2.29). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.