Zip 49009 (Kalamazoo, MI) Housing

Kalamazoo, MI is known for its affordable housing with the median value of a home being $338,500. This is slightly higher than the US median housing value of $338,100. Additionally, the home appreciation in Kalamazoo in the past year was 10.54%, which is higher than the US national average of 8.27%. Therefore, it can be concluded that Kalamazoo is a great place to invest in housing due to both its affordability and potential upside from appreciation.

The median home cost in Kalamazoo (zip 49009) is $338,500. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Kalamazoo (zip 49009) is up 14.9%.

Average Age of Homes

- The median age of Kalamazoo (zip 49009) real estate is 30 years old

The Rental Market in Kalamazoo (zip 49009)

- Renters make up 31.4% of the Kalamazoo (zip 49009) population
- 2.4% of houses and apartments in Kalamazoo (zip 49009), 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
	20,627.0	139,647,020.0
	31	42
	$338,500	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$14.44	$10.98
	$3,798	$2,690
	60.4%	57.4%
	7.3%	11.2%
	32.3%	31.4%
Vacant Housing
	2.4%	1.9%
	1.3%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	4.5%	2.4%
	1.2%	2.8%
	1.1%	3.9%
	1.1%	4.5%
	6.3%	11.3%
	12.9%	13.0%
	32.2%	20.1%
	18.8%	13.6%
	12.3%	8.3%
	5.0%	9.7%
	1.6%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	21.6%	13.6%
	21.6%	13.6%
	19.2%	13.6%
	12.4%	13.2%
	20.0%	14.8%
	19.2%	13.6%
	5.0%	10.0%
	1.6%	4.7%
	3.3%	12.2%

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