Kalamazoo, MI Housing Market
The Kalamazoo housing market is somewhat competitive. Homes in Kalamazoo receive 2 offers on average and sell in around 12 days. The median sale price of a home in Kalamazoo was $190K last month, up 8.6% since last year. The median sale price per square foot in Kalamazoo is $144, up 0.7% since last year.
Kalamazoo Housing Market Trends
In April 2024, Kalamazoo home prices were up 8.6% compared to last year, selling for a median price of $190K. On average, homes in Kalamazoo sell after 12 days on the market compared to 13 days last year. There were 73 homes sold in April this year, up from 68 last year.
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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 1% below list price and go pending in around 15 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 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 10 days.
- Hot homescan sell for about 3% above list price and go pending in around 3 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 Los Angeles.
- 65% 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 | Mar '24 - May '24 | ||
1 | 98 | ||
2 | 55 | ||
3 | 33 | ||
4 | 28 | ||
5 | 21 | ||
6 | 19 | ||
7 | 18 | ||
8 | 16 | ||
9 | 15 | ||
10 | 12 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 39 | ||
2 | 13 | ||
3 | 9 | ||
4 | 9 | ||
5 | 7 | ||
6 | 6 | ||
7 | 4 | ||
8 | 3 | ||
9 | 3 | ||
10 | 3 |
Home offer insights for Kalamazoo
Recent offers
- Offer Not Accepted|4 Weeks Ago~$500K OfferSold for $475K4 bd | 1.5 ba | ~3,500 sqftOver List Price13%Days on Market7Competing Offers2Down Payment~20%
- Offer Not Accepted|8 Weeks Ago~$150K OfferSold for $150K4 bd | 3 ba | ~1,500 sqftOver List Price3%Days on Market3Competing Offers2Down Payment—
- Offer Not Accepted|9 Weeks Ago~$100K OfferSold for $100K2 bd | 1 ba | ~1,000 sqftUnder List Price16%Days on Market12Competing Offers0Down Payment—
View houses in Kalamazoo that sold recently
Recently sold homes
- $460,000 Last Sold Price4 beds3 baths2,930 sq ft2146 Treehaven Dr, Kalamazoo, MI 49008List Price$474,999Sale to List3% under listDays on Market101 days2146 Treehaven Dr, Kalamazoo, MI 49008
- $622,000 Last Sold Price4 beds3.5 baths3,420 sq ft7122 Breton Woods Ct, Kalamazoo, MI 49009List Price$655,000Sale to List5% under listDays on Market81 days7122 Breton Woods Ct, Kalamazoo, MI 49009
- $403,725 Last Sold Price3 beds2.5 baths1,957 sq ft4151 Pine Knoll Ave, Kalamazoo, MI 49004List Price$389,900Sale to List4% over listDays on Market17 days4151 Pine Knoll Ave, Kalamazoo, MI 49004
- $785,000 Last Sold Price5 beds4.5 baths4,221 sq ft8224 Sierra Madre Trl, Kalamazoo, MI 49009List Price$849,000Sale to List8% under listDays on Market54 days8224 Sierra Madre Trl, Kalamazoo, MI 49009
- $188,000 Last Sold Price3 beds2.5 baths1,500 sq ft112 Lanark Ct, Kalamazoo, MI 49007List Price$185,000Sale to List2% over listDays on Market51 days112 Lanark Ct, Kalamazoo, MI 49007
- $590,000 Last Sold Price5 beds3.5 baths3,723 sq ft10853 Deerfield Trl, Kalamazoo, MI 49009List Price$620,000Sale to List5% under listDays on Market89 days10853 Deerfield Trl, Kalamazoo, MI 49009
- $495,000 Last Sold Price4 beds3 baths2,684 sq ft8454 N Eagle Lake Dr, Kalamazoo, MI 49009List Price$495,000Sale to List0% over listDays on Market1 day8454 N Eagle Lake Dr, Kalamazoo, MI 49009
- $245,000 Last Sold Price3 beds2.5 baths2,349 sq ft729 Norton Dr, Kalamazoo, MI 49001List Price$264,900Sale to List8% under listDays on Market53 days729 Norton Dr, Kalamazoo, MI 49001
See all recently sold homes in Kalamazoo.
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Schools in Kalamazoo
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Parchment Northwood Elementary School Public • PreK-3 | 178 Students | 1 reviews |
6/10 Angling Road Elementary School Public • PreK-5 | 371 Students | 6 reviews |
6/10 12th Street Elementary Public • PreK-5 | 571 Students | 7 reviews |
6/10 Parchment Central Elementary School Public • PreK-3 | 285 Students | 5 reviews |
5/10 Haverhill Elementary School Public • PreK-5 | 394 Students | 5 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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