Metropolitan market · Michigan · June 2026 data

Kalamazoo Real Estate Market

The Kalamazoo, MI housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Kalamazoo report in a click.

Median listing price
$339,000
▼ 6.5% YoY
Median $ / sq ft
$168
1,911 sq ft median
Median days on market
37
June 2026
Active listings
484
For sale now
New listings
402
June 2026
Listings with price cuts
17%
Share of active
Median sale price (closed)
$303,750
▲ 7.3% YoY · closed sales
Sale-to-list ratio
98.7%
Closed sales
Homes sold / month
278
Closed sales
Median listing price trend
$362K$347K$331K$316K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Kalamazoo MI · trailing 8 quarters · source: public records and industry data.

The 10-year view
$369K$337K$304K$272K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Kalamazoo MI · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
484
New this month
402
Pending
462
Price-reduced
81

As of June 2026, the median home listed in Kalamazoo, MI asks $339,000 — down 6.5% from a year ago. Homes are taking a median of 37 days to go under contract, and 17% of the 484 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Kalamazoo-Portage, MI metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
54/100
#369 of 932 covered metros
12-month outlook
-0.5%
Flat · model output, not advice
Price volatility
Medium
σ 5.4% · 20-yr price-index swings
Momentum
46
Value
38
Rental yield
58
Supply risk
44
Market heat
83

Kalamazoo scores 54/100 on our composite Investor Score (#369 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 50% over five years and +103% over ten, leaving prices 78% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,162/mo for a two-bedroom, the gross rental yield on the median listing is about 4.1%; active inventory sits at 79% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 6.5% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Kalamazoo ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,528/mo
−$174/mo vs today
At today's rate · 6.43%
$1,702/mo
National weekly average
If rates rise 1% · 7.43%
$1,883/mo
+$182/mo vs today

Principal & interest on the $339,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
438
▲ 29.2% vs 2024
1.7 per 1,000 residents
Net migration (2022–2023)
-356
▼ people, via tax-return records
net income flow −$59.0M/yr
Job growth (YoY)
-0.5%
▼ 132.1k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Kalamazoo market FAQs

What is the median home price in Kalamazoo?
As of June 2026, the median listing price in Kalamazoo, MI is $339,000, down 6.5% year over year (source: public records and industry data). Figures cover the Kalamazoo-Portage, MI metro area.
How fast are homes selling in Kalamazoo?
The median property in Kalamazoo spends 37 days on the market, with 484 homes actively listed and 17% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Kalamazoo?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Kalamazoo and the wider Michigan market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Kalamazoo-Portage, MI metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.