49040 — Colon, MI Home Values
Typical home value $207,128 as of June 2026 · 9th of 9 in Sturgis, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 49040, June 2021 to June 2026. This page shows observed data only; no forecast.
How 49040 compares in the Sturgis, MI area
ZIP code 49040 (Colon, MI) has a typical home value of $207,128 as of June 2026, ranking 9th of 9 ZIP codes tracked in the Sturgis, MI area, more expensive than about 11% of ZIP codes in the metro. Prices here have moved +7.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +23.1%, from $168,311 in June 2021 to $207,128 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Sturgis, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Sturgis.
Population and demographics
ZIP code 49040 has a population of 3,341, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 95.5% White, 3.9% two or more races, 0.2% another race, 0.2% Hispanic or Latino, 0.1% Black or African American, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Colon High School | 400 DALLAS ST, COLON, MI | 0.5 mi |
| Leonidas School | 328 E STATE ST, COLON, MI | 0.6 mi |
| Colon Elementary School | 328 E STATE ST, COLON, MI | 0.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 49040?
$207,128 as of June 2026, the latest month Zillow has published observed data for.
Is 49040 an expensive ZIP code in the Sturgis, MI area?
49040 ranks 9th of 9 ZIP codes in the Sturgis, MI area by typical home value, more expensive than about 11% of ZIP codes in the metro.
How much have home values in 49040 changed over the past year?
+7.5% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 49040?
3,341, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 49040?
Colon High School (0.5 mi), Leonidas School (0.6 mi), Colon Elementary School (0.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 49040?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Sturgis, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.