Kalamazoo County, MI Home Values & Market Trends

The median home price in Kalamazoo County, MI is $243,869.25. There were 3,844 home sales in Kalamazoo County, MI over the past 12 months. The median residential Kalamazoo County, MI home value for transactions over the previous year is $219,349.426. The number of current listings in Kalamazoo County, MI is 559, and the percentage of properties for sale is 559.00%. The county has 73 foreclosures, 20 bank owned properties, 53 headed for auction, and 559 properties for sale.

Kalamazoo County, MI Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Kalamazoo

$ 213,636

$ 130/sqft

Galesburg

$ 377,500

$ 129/sqft

Portage

$ 320,000

$ 151/sqft

Scotts

$ 381,900

$ 148/sqft

Vicksburg

$ 276,950

$ 145/sqft

Climax

$ 314,900

$ 208/sqft

Richland

$ 379,900

$ 165/sqft

Fulton

$ 144,646

$ 89/sqft

Augusta

$ 188,375

$ 129/sqft

Nazareth

$ --

$ --

Schoolcraft

$ 392,513

$ 136/sqft

Housing Market Summary for Kalamazoo County, MI

Apr 2023March 2024Change
Median Listing Price$271.3K$247.7K-8.68%
Median Sold Price$228.9K$247.7K8.21%
Homes For Sale34751046.97%
Homes Sold2,6102,568-1.61%
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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%.

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Browse Homes in Kalamazoo County, MI

Kalamazoo County, MI home values range from $18,053 to $10,536,369. Schoolcraft is the priciest city with a median listing home price of $417,000, and Kalamazoo is most affordable with average house prices of around $229,900.

Foreclosure
There are 11 cities within Kalamazoo County, MI; within these cities, the median estimated home value for homes in foreclosure ranges from $623,910 in Galesburg to the lowest value of $64,885 in Galesburg. Foreclosure homes account for 0.00% of properties in Kalamazoo County, MI with Kalamazoo containing 47 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Kalamazoo County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 11 cities within Kalamazoo County, MI; of those 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Kalamazoo County, MI ranges from the highest value of $360,000 in Vicksburg to the lowest value of $72,543 in Kalamazoo. Bank owned homes and properties account for 0.02% of properties in Kalamazoo County, MI. There are 11 cities within Kalamazoo County, MI; Kalamazoo containing 13 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Kalamazoo has 34 auction properties, the highest number of properties going to auction in a single city in the state of Kalamazoo County, MI. Auction homes and other auction properties account for 0.07% of all properties in Kalamazoo County, MI. There are 11 cities within Kalamazoo County, MI; of those cities, the median estimated home value for homes going to auction ranges from $531,128 in Richland to the lowest value of $64,885 in Richland.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.69% of residential properties in Kalamazoo County, MI with Kalamazoo containing 327 homes for sale, the highest number of listed properties in a single city. There are 11 cities within Kalamazoo County, MI; homes for sale in those cities, have a range of median values from $349,900 in Climax to the lowest value of $20,819 in Kalamazoo.
    Sold Homes
    The median value for recently sold homes ranges from $744,368 in Climax to the lowest price of $20,710 in Climax. There are 11 cities within Kalamazoo County, MI. Kalamazoo has 1486 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.13% of properties in Kalamazoo County, MI.

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      Guide for Kalamazoo County, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      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.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      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
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.