Kalamazoo County, MI is one of the fastest-growing housing markets in the United States. The median value of housing has risen greatly in the past year, with a 15.49% rise since last year compared to the 8.27% rise nationally. This growth is likely due to an increase in job opportunities and population growth, leading more people to relocate to the area. Despite this increase, the median value of housing in Kalamazoo County is still substantially lower than the US average at $231,100 versus $338,100 respectively. Despite this disparity, Kalamazoo County is still an attractive option for those looking for affordable housing options without sacrificing quality.
The median home cost in Kalamazoo County is $231,100. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Kalamazoo County is up 14.9%.
Average Age of Homes
- The median age of Kalamazoo County real estate is 44 years old
The Rental Market in Kalamazoo County
- Renters make up 32.6% of the Kalamazoo County population
- 1.7% of houses and apartments in Kalamazoo County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.