Home Values

Kalamazoo Metro 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

$126,600

  • 4.9% 1-year change
  • 2.5% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this metro relative to other metros across the US. A particular metro may be identified as a good market for buyers in a national market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median home value in Kalamazoo Metro is $126,600. Kalamazoo Metro home values have gone up 4.9% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in Kalamazoo Metro is $95, which is higher than the Michigan average of $91. The median price of homes currently listed in Kalamazoo Metro is $124,900 while the median price of homes that sold is $129,960. The median rent price in Kalamazoo Metro is $990, which is higher than the Michigan median of $850.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Kalamazoo Metro is 3.2%, which is lower than the national value of 6.4%. 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 Kalamazoo Metro homeowners underwater on their mortgage is 18.4%, which is lower than Michigan at 21.0%.

Read more
Relative ZHVI
- +

Kalamazoo Metro Market Overview

Data through Jan 31, 2015
  • $126,600 ZHVI
  • 2.5% 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
    (Jan 31, 2016)
  • $124,900 Median listing price
  • $129,960 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Kalamazoo Metro Market Health

Data through Jan 31, 2015
  • 5.3/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • 130 Average days on Zillow (Dec 31, 2014)
  • 18.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Cities in Kalamazoo Metro

Name Median ZHVI
Texas Township $256,700
Oshtemo $178,100
South Haven Township $165,100
Name Median ZHVI
Portage $144,400
Vicksburg $131,100
Cooper Township $130,100
Name Median ZHVI
Paw Paw $122,000
Comstock Township $111,400
Kalamazoo $74,000

Listings & Sales

Data through Jan 31, 2015
  • $95 Median list price / sq ft
  • $75 Median sale price / sq ft
  • No data Listings with price cut
20.5%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Kalamazoo Metro Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,102 Kalamazoo Metro
    $998 Michigan
    $1,350 United States

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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $990 Rent list price
  • $0.79 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading