Home Values

49048 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$75,100

  • 0.5% 1-year change
  • 1.9% 1-year forecast

The median home value in 49048 is $75,100. 49048 home values have gone up 0.5% over the past year and Zillow predicts they will rise 1.9% within the next year. The median list price per square foot in 49048 is None.

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 49048 homeowners underwater on their mortgage is 27.2%, which is higher than Kalamazoo Metro at 18.1%.

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Relative ZHVI
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49048 Market Overview

Data through Mar 31, 2015
  • $75,100 ZHVI
  • 1.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • $112,000 Median sale price (Jan 31, 2015)
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49048 Market Health

Data through Mar 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 27.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
49083 $179,000
49088 $151,100
49002 $123,900
Name Median ZHVI
49053 $121,000
49008 $111,700
49006 $102,400
Name Median ZHVI
49004 $92,100
49001 $63,400
49007 $53,300

Listings & Sales

Data through Jan 31, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
30.0%
Sold below listing
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49048 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $913 49048
    $1,154 Kalamazoo Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No recent data Rent list price / sq ft
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