Cadillac, Michigan.
Typical home $235,422 (+5.4% in a year). Cadillac, MI metro.
to buy the typical home at today's mortgage rate — +$721 (+140%) since Jan 2020.
- 1 year
- Up $12,142 +5%
- $223,280$235,422 since Sep 2025
- 5 years
- Up $57,431 +32%
- $177,991$235,422 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Cadillac$1,236
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Cadillac, MI rose 5.4% over the past year — faster than the nation's +1.2%.
Living in Cadillac, Wexford County, Michigan
Cadillac is a city of 10,371 people in Wexford County. Half its households earn more than $51,773 a year and half less, against $61,085 across Wexford County; 18% of its people live below the poverty line. 69% of its homes are lived in by their owners and 31% are rented. Unemployment in Wexford County was 5.0% in August 2026, and the county had 0.6% fewer jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Cadillac is a small city in Wexford County in northern Michigan, built around lakes and woods. Most homes are lived in by their owners, and home values are modest compared with much of the country. Residents are somewhat older than in much of the country, and incomes run below the county's overall. Winters are cold and snowy, with January the coldest month, while summers are pleasantly warm in July.
Work. Manufacturing is a major source of work here, alongside schools, hospitals and social care, shops, and restaurants and hotels. Among the largest workplaces in Cadillac are Cadillac Casting, Cadillac Area Public Schools and Munson Healthcare Cadillac Hospital. Commutes are short, and the county has seen a slight dip in jobs over the past year.
Things to do. Water is close at hand: Lake Cadillac and Lake Mitchell are both in or beside town, and Mitchell State Park, a protected area, sits right alongside. The Clam River also runs in or beside town. Farther afield, a longer drive brings you to Caberfae Peaks Ski & Golf Resort, a ski area.
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- 4,531households
- 22%of adults have a degree
- 18%below the poverty line
- 14 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Wexford County had 13,082 jobs in 2025, 0.6% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 27° and lows near 12°; warmest in July, with highs near 80° and lows near 58°. About 35 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Cadillac weather station, 2 miles away (NOAA).
Largest workplaces in Cadillac
- AARPrefabricated buildings, metal, manufacturing472
- Cadillac CastingCastings, unfinished iron, manufacturing429
- Cadillac Area Public SchoolsSchool district421FTE
- Munson Healthcare Cadillac HospitalGeneral hospital414FTE
- Legacy LaborFarm labor contractors349
- Hutchinson Antivibration (Cadillac)Mechanical rubber goods manufacturing336
- Avon Protection SystemsRespiratory protection mask manufacturing181
- Moore MechanicalPlumbing and heating contractors175
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 23 workplaces with 20 or more staff, 3,546 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Cold wavesRelatively high
- Strong windRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Cadillac’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Wexford County and the Cadillac, MI metro.
Cadillac home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Cadillac$235,422
- Michigan$263,760
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Cadillac listings, and the typical home goes pending in 21 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Cadillac31.09%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Cadillac21
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Cadillac139
New listings per month
Sellers arriving at the market.
- Cadillac44
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Cadillac$239,087
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Cadillac99.82%
Zip codes with a Cadillac address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Cadillac — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.