Sep 2026
$301K
+4.5% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Kalamazoo, MI housing market
Kalamazoo, MI metro median sale price $301K in Sep 2026, up 4.5% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Kalamazoo, MI metro is $301K as of Sep 2026, up 4.5% from a year earlier. The gain is larger than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a smaller change, up 0.7% through Q2 2026, 3.8 points apart; Price reconciliation below shows both.
On median sale price, Kalamazoo ($301K) ranks 6th of the 15 Michigan metros Pecan Street tracks, between Detroit ($302K) and Monroe ($278K). On median days on market, Kalamazoo (43 days) ranks 12th of the 15 Michigan metros, between Detroit (43 days) and Midland (43 days). On share of listings with a price cut, Kalamazoo (44%) ranks 8th of the 15 Michigan metros, between Grand Rapids (46%) and Saginaw (43%).
Listings spent a median 43 days on market in Sep 2026, fewer than in most of the 385 metros. 44% of active listings carry a price cut, 1.1 points fewer than a year earlier. That share is higher than in most of the 385 metros. Median asking prices sit about 10% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,648 a month; at 28% of gross income, that takes about $71K a year. The median sale price equals about 16 years of HUD Fair Market Rent, a ratio up 3.6% from a year earlier. That ratio is higher than in most of the 373 metros. Active listings ask a median $169 per square foot, down 1.2% from a year earlier.
In eight of the 10 ZIP codes in the table below, median list prices are lower than a year earlier; two are higher.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,648/mo
$71K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Kalamazoo compares to other U.S. metros
| Days on market | ↓339th of 385 |
|---|---|
| Price cuts | ↑80th of 385 (top 21%) |
| Asking-vs-sale gap | ↑74th of 292 (top 26%) |
| Home-price growth | ↑104th of 383 (top 28%) |
| Price-to-rent | ↑144th of 373 (top 39%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 16 +3.6% YoY ↑144th of 373 (top 39%) |
|---|---|
| Asking price / sq ft | $169 -1.2% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 44% -1.1 pts YoY ↑80th of 385 (top 21%) |
|---|
The median asking price $330K runs about 10% above the median sale price $301K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 10 shown of 17 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
amber · 3.8ppRedfin (metro) +4.5% | FHFA HPI · Q2 2026 +0.7% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 49001 | $165K↓ | 43↑ | 20↑ | 24↑ | 27↓ | $167K↑ |
| 49002 | $261K↓ | 49↑ | 32↑ | 28↓ | 37↓ | $273K↑ |
| 49004 | $237K↓ | 37↑ | 18↑ | 14↑ | 33↓ | $222K↑ |
| 49006 | $265K↓ | 57↑ | 24 | 32↑ | 43↑ | $241K↑ |
| 49008 | $235K↓ | 58↑ | 40↑ | 18↑ | 44↑ | $249K↑ |
| 49009 | $507K↓ | 111↓ | 56↑ | 44↓ | 44↓ | $370K↑ |
| 49024 | $397K↓ | 64↓ | 40↑ | 22↓ | 44↑ | $309K↑ |
| 49048 | $252K↑ | 53↑ | 24↓ | 28↑ | 39↓ | $199K↑ |
| 49083 | $471K↑ | 32↓ | 8↓ | 8↓ | 52↑ | $377K↑ |
| 49097 | $320K↓ | 35↑ | 12↑ | 12↑ | 49↑ | $283K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.