Zip 49008 (Kalamazoo, MI) Housing

The housing market in 49008 Kalamazoo, MI is doing quite well compared to the US average. The median value of houses in this area is $203,100, which is significantly lower than the US median value of $338,100. Additionally, in the past year homes in this area have appreciated by 10.54%, compared to the national 1 year house appreciation rate of 8.27%. This indicates that real estate investors and home buyers are looking favorably upon 49008 Kalamazoo, MI as a desirable place to acquire housing.

The median home cost in Kalamazoo (zip 49008) is $203,100. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Kalamazoo (zip 49008) is up 14.9%.

Average Age of Homes

- The median age of Kalamazoo (zip 49008) real estate is 58 years old

The Rental Market in Kalamazoo (zip 49008)

- Renters make up 34.4% of the Kalamazoo (zip 49008) population
- 2.7% of houses and apartments in Kalamazoo (zip 49008), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Kalamazoo, Michigan	United States
	7,100.0	139,647,020.0
	62	42
	$203,100	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$20.22	$10.98
	$3,452	$2,690
	57.5%	57.4%
	6.8%	11.2%
	35.7%	31.4%
Vacant Housing
	2.7%	1.9%
	0.4%	0.4%
	0.1%	0.7%
	0.2%	0.4%
	0.6%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	1.6%	2.4%
	2.8%	2.8%
	5.8%	3.9%
	10.2%	4.5%
	20.3%	11.3%
	16.8%	13.0%
	23.8%	20.1%
	8.8%	13.6%
	3.6%	8.3%
	4.3%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.1%	13.6%
	2.1%	13.6%
	3.6%	13.6%
	9.2%	13.2%
	19.0%	14.8%
	3.6%	13.6%
	16.6%	10.0%
	10.1%	4.7%
	25.0%	12.2%

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