Kalamazoo, MI

Balanced market+10.4% YoY

Housing market overview · Updated weekly

$219,250median sale price

Homes sold

40

Last 12 weeks

Days on market

55

Average pace

Active listings

128

3.2 months supply

Sale-to-list

96.8%

Below asking

The Kalamazoo housing market is currently classified as a balanced market with a median sale price of $219,250. Prices have risen 10.4% compared to last year, with homes spending an average of 55 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Kalamazoo?

The median home sale price in Kalamazoo is $219,250, up 10.4% from last year.

How long do homes stay on market in Kalamazoo?

Homes typically spend 55 days on market before going under contract.

Is Kalamazoo a buyer's or seller's market?

With 3.2 months of supply, Kalamazoo is currently a balanced market.

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