Zip 49048 (Kalamazoo, MI) Housing

Kalamazoo, MI is an attractive place to live due to the relatively low median housing value at $153,500. This is significantly lower than the US median housing value of $338,100. Additionally, Kalamazoo has experienced a higher rate of house appreciation over the last year at 10.54% compared to the US rate of 8.27%. Overall this means that housing in Kalamazoo is a great investment and an appealing option for those looking to buy or rent in the area.

The median home cost in Kalamazoo (zip 49048) is $153,500. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Kalamazoo (zip 49048) is up 14.9%.

Average Age of Homes

- The median age of Kalamazoo (zip 49048) real estate is 52 years old

The Rental Market in Kalamazoo (zip 49048)

- Renters make up 34.7% of the Kalamazoo (zip 49048) population
- 1.4% of houses and apartments in Kalamazoo (zip 49048), 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
	10,347.0	139,647,020.0
	56	42
	$153,500	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$17.21	$10.98
	$1,924	$2,690
	54.3%	57.4%
	8.1%	11.2%
	37.7%	31.4%
Vacant Housing
	1.4%	1.9%
	0.3%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.8%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	3.1%	2.4%
	10.6%	2.8%
	12.1%	3.9%
	14.3%	4.5%
	23.7%	11.3%
	15.2%	13.0%
	11.4%	20.1%
	3.1%	13.6%
	0.6%	8.3%
	1.1%	9.7%
	0.0%	3.9%
	1.3%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	15.4%	13.6%
	8.9%	13.2%
	10.3%	14.8%
	15.4%	13.6%
	17.1%	10.0%
	9.8%	4.7%
	17.1%	12.2%

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