Kalamazoo, MI Housing Market
The Kalamazoo housing market is somewhat competitive. Homes in Kalamazoo receive 2 offers on average and sell in around 30 days. The median sale price of a home in Kalamazoo was $160K last month, down 5.9% since last year. The median sale price per square foot in Kalamazoo is $128, down 12.3% since last year.
Kalamazoo Housing Market Trends
In March 2024, Kalamazoo home prices were down 5.9% compared to last year, selling for a median price of $160K. On average, homes in Kalamazoo sell after 30 days on the market compared to 16 days last year. There were 69 homes sold in March this year, down from 79 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Kalamazoo housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 19 days.
- Hot homescan sell for about 1% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 19 days.
- Hot homescan sell for about 2% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 6 days.
- Hot homescan sell for about 4% above list price and go pending in around 2 days.
Kalamazoo Migration & Relocation Trends
- Across the nation, 0.09% of homebuyers searched to move into Kalamazoo from outside metros.
- Chicago homebuyers searched to move into Kalamazoo more than any other metro followed by Detroit and Seattle.
- 66% of Kalamazoo homebuyers searched to stay within the Kalamazoo metropolitan area.
- South Bend was the most popular destination among Kalamazoo homebuyers followed by Cape Coral and Sarasota.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 113 | ||
2 | 86 | ||
3 | 30 | ||
4 | 25 | ||
5 | 22 | ||
6 | 18 | ||
7 | 15 | ||
8 | 12 | ||
9 | 12 | ||
10 | 12 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 43 | ||
2 | 10 | ||
3 | 9 | ||
4 | 7 | ||
5 | 6 | ||
6 | 5 | ||
7 | 3 | ||
8 | 2 | ||
9 | 2 | ||
10 | 1 |
Home offer insights for Kalamazoo
Recent offers
View houses in Kalamazoo that sold recently
Recently sold homes
- $222,500 Last Sold Price3 beds2 baths1,630 sq ft1228 Lakeway Ave, Kalamazoo, MI 49001List Price$220,000Sale to List1% over listDays on Market24 days1228 Lakeway Ave, Kalamazoo, MI 49001
- $241,000 Last Sold Price3 beds2 baths1,344 sq ft2113 Paddington Rd, Kalamazoo, MI 49001List Price$230,000Sale to List5% over listDays on Market22 days2113 Paddington Rd, Kalamazoo, MI 49001
- $320,000 Last Sold Price4 beds1.5 baths2,297 sq ft7848 Norcross St, Kalamazoo, MI 49009List Price$320,000Sale to List0% over listDays on Market33 days7848 Norcross St, Kalamazoo, MI 49009
- $132,500 Last Sold Price3 beds1 bath1,034 sq ft703 Kincaid St, Kalamazoo, MI 49048List Price$132,500Sale to List0% over listDays on Market34 days703 Kincaid St, Kalamazoo, MI 49048
- $220,000 Last Sold Price3 beds2 baths1,225 sq ft2206 Southern Ave, Kalamazoo, MI 49001List Price$219,900Sale to List0% over listDays on Market22 days2206 Southern Ave, Kalamazoo, MI 49001
- $579,900 Last Sold Price4 beds4.5 baths3,733 sq ft7196 Turkey Glen Trl, Kalamazoo, MI 49009List Price$579,900Sale to List0% over listDays on Market107 days7196 Turkey Glen Trl, Kalamazoo, MI 49009
- $80,000 Last Sold Price4 beds2 baths1,619 sq ft923 Clinton Ave, Kalamazoo, MI 49001List Price$90,000Sale to List11% under listDays on Market40 days923 Clinton Ave, Kalamazoo, MI 49001
- $699,900 Last Sold Price4 beds3 baths2,534 sq ft6089 Medinah Ln, Kalamazoo, MI 49004List Price$699,900Sale to List0% over listDays on Market192 days6089 Medinah Ln, Kalamazoo, MI 49004
See all recently sold homes in Kalamazoo.
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Schools in Kalamazoo
- Elementary
- Middle
- High
GreatSchools Rating
6/10 12th Street Elementary Public • PreK-5 | 566 Students | 7 reviews |
6/10 Winchell Elementary School Public • PreK-5 | 503 Students | 6 reviews |
6/10 Angling Road Elementary School Public • PreK-5 | 362 Students | 6 reviews |
6/10 Northglade Montessori School Public • PreK-5 | 236 Students | 2 reviews |
6/10 Woods Lake Elementary:a Magnet Center For the Arts Public • PreK-5 | 616 Students | 7 reviews |
Climate's impact on Kalamazoo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Kalamazoo.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Kalamazoo
Walk Score®
Bike Score®
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