Kalamazoo - MI housing market
The Kalamazoo metro has a typical home value of $274,786, up 4.3% from a year ago. Homes are moving fast at 12 days on market - a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($274,786) is the Zillow Home Value Index for the Kalamazoo - MI metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 4.3% over the past year. In Kalamazoo - MI, that means a home worth $263,457 last year is now worth roughly $274,786.
The median sale price , what homes actually close for , is $267,207. Homes are selling at 97.3% of list price, meaning buyers have room to negotiate.
Homes listed in Kalamazoo - MI sit on the market for roughly 12 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 258 new listings hit the market each month in Kalamazoo - MI. There are currently 623 homes for sale, up 21.2% from a year ago.
The typical monthly rent in Kalamazoo - MI is $1,294, up 2.9% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in MI
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Detroit - MI | $266,496 | +3.0% | 14.0d |
| Grand Rapids - MI | $357,822 | +4.9% | 7.0d |
| Lansing - MI | $246,754 | +3.6% | 11.0d |
| Flint - MI | $193,468 | +6.8% | 13.0d |
| Ann Arbor - MI | $418,400 | +2.5% | 9.0d |