Kalamazoo, MI 49007 has a median housing value of $93,500, which is significantly lower than the US median of $338,100. This past year, the US house appreciation was 8.27%, while homes in Kalamazoo appreciated at 10.54%. Thus, despite its lower home values compared to the rest of the country, Kalamazoo's housing market is growing faster than the national average. This suggests that this city may be an attractive option for those looking to buy a home and take advantage of a growing market.
The median home cost in Kalamazoo (zip 49007) is $93,500. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Kalamazoo (zip 49007) is up 14.9%.
Average Age of Homes
- The median age of Kalamazoo (zip 49007) real estate is 78 years old
The Rental Market in Kalamazoo (zip 49007)
- Renters make up 56.2% of the Kalamazoo (zip 49007) population
- 3.2% of houses and apartments in Kalamazoo (zip 49007), 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.