49001 Home Values & Market Trends
There are 32 homes currently listed for 49001. 49001 real estate market trends show that home prices range from $29,900 to $249,900, and the median sales price in the 49001 zip code is $150,384.55. The total number of properties sold within the past twelve months is 404. In 49001, 5 properties are in foreclosure, 2 are bank owned properties,and 3 are headed for auction.
49001 Real Estate Market Overview
City | Median Est. Value |
---|---|
Kalamazoo | $ 246,075 $ 134/sqft |
Housing Market Summary for 49001
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $177.3K | $149.7K | -15.56% |
Median Sold Price | $149.3K | $149.7K | 0.25% |
Homes For Sale | 18 | 31 | 72.22% |
Homes Sold | 273 | 245 | -10.26% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 49001
Browse Homes in 49001
The median list price of a home in Kalamazoo, is $150,384.55. A total of 32 properties are for sale, and the percentage of properties for sale in the zip code is 32.00%. The total count of 49001 properties is 6,739.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 49001 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 49001; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 49001 ranges from the highest value of $421,027 in kalamazoo to the lowest value of $73,131 in kalamazoo. Bank owned homes and properties account for 0.03% of properties in 49001. There is 1 cities within 49001; kalamazoo containing 12 REO properties, has the highest number of bank owned properties in a single city.
- Auctionskalamazoo has 25 auction properties, the highest number of properties going to auction in a single city in the state of 49001. Auction homes and other auction properties account for 0.04% of all properties in 49001. There is 1 cities within 49001; of that cities, the median estimated home value for homes going to auction ranges from $417,743 in kalamazoo to the lowest value of $40,611 in kalamazoo.
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Guide for 49001
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move
We list the key factors and strategies to consider when deciding which real estate market to invest in.