Kalamazoo Market Report

$244,513

AVERAGE PRICE OF 540 HOMES

$69,328

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,056,250

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$359,108

AVERAGE PRICE OF 90 NEWLY BUILT HOMES

$617,092

AVERAGE PRICE OF 21 HOMES WITH A POOL

$222,000

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $244,513
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $130,450
2 bedrooms $162,375
3 bedrooms $197,436
4 bedrooms $304,292
5 bedrooms $442,546
Kalamazoo Home Price Trends
  2/2020 1/2020 12/2019 11/2019 10/2019
Total Listings 534 509 582 665 701
Average Price $242,814 $245,884 $243,689 $242,103 $245,865
Avg Price Change -1.26% +0.90% +0.66% -1.55% -1.41%
Median Price $194,194 $195,386 $191,155 $190,750 $196,471
Med Price Change -0.61% +2.21% +0.21% -3.00% -1.59%
Avg Bedrooms 3.3 beds 3.26 beds 3.28 beds 3.3 beds 3.32 beds
Avg Bathrooms 2.36 baths 2.36 baths 2.36 baths 2.35 baths 2.37 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 540 $244,513 80 days
Distressed Homes 14 $69,328 85 days
Multi-Million Dollar Homes 4 $2,056,250 62 days
Newly Built Homes 90 $359,108 143 days
Homes with a Pool 21 $617,092 48 days
Reduced Price Homes 10 $222,000 82 days
Berkshire Hathaway Home Service Michigan Real Estate
Greg Miller
5839 Oakland Dr
Portage, MI 49024
Kalamazoo Mortgage
2415 S 11th St
Kalamazoo, MI 49009-2197
Phone: (269) 364-6000
NMLS # 130562

Fair Housing/Equal Opportunity
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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2020 MichRIC, LLC. All rights reserved.

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