Housing in Kalamazoo, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$178,500

Median List Price

$209,900

Price Per Sq Ft

$148

Days on Market

28

Active Inventory

122

Months of Supply

3.1

Seller's market

Zillow Home Value

$229,329

ZHVI — January 2026

Zillow Rent Index

$1,300

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 15.2%List Price 16.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

35.9%

Off Market in 2 Weeks

37.3%

Sale-to-List Ratio

98.6%

Buyer's market

Sold Above Asking
35.9%
Under Contract in 2 Wks
37.3%
Listings with Price Drops
32.8%

Market Activity

Source: Redfin

Homes Sold

39

New Listings

61

Pending Sales

51

Homes Sold 36.1%New Listings 24.7%Pending 32.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$148

Median List $/SF

$143

Sale $/SF 19.4%List $/SF 7.5%Mar 24Jan 26

Kalamazoo vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Kalamazoo is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$164,500

Median Rent

$1,031

Total Housing Units

32,579

Vacancy Rate

9.2%

Owner Occupied

42.9%

Renter Occupied

57.1%

Median Property Tax

$2,754

per year

Monthly Cost (w/ Mortgage)

$953

Housing Types

Single Family
53.7%
Multi-Family
45.0%
Mobile Home
1.3%

The current median sale price in Kalamazoo, MI is $178,500 according to Redfin data. Homes spend a median of 28 days on the market. 35.9% of homes sold above asking price. The market has 3.1 months of supply. The median price per square foot is $148. Zillow's observed rent index is $1,300/month. About 42.9% of housing units are owner-occupied. The median year homes were built is 1959. There are 32,579 total housing units.