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
City | Median Est. Value | City | Median 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 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $271.3K | $247.7K | -8.68% |
Median Sold Price | $228.9K | $247.7K | 8.21% |
Homes For Sale | 347 | 510 | 46.97% |
Homes Sold | 2,610 | 2,568 | -1.61% |
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 Kalamazoo County, MI
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsKalamazoo 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.
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More Real Estate Resources for Kalamazoo County, MI
Guide for Kalamazoo County, MI
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
Information on foreclosure financing, refinancing, and foreclosure mortgages.