$2,374 Closing Credit*
$199,900
1,362 SqFt
3 Beds
•1 Full Bath
Mark J Stafford, Listing Office: RE/MAX Perrett Associates
Is Kalamazoo County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Kalamazoo County has remained a Seller's Market.
Key Takeaway
Kalamazoo County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kalamazoo County, MI
How much do homes in Kalamazoo County, MI cost?
Median Sold Price
$265,138
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$15,245(+6.1%)
Key Takeaway
Homes in Kalamazoo County have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Kalamazoo County was $265,138 in December 2024, up 6.1% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $120K | +9.1% |
| 2 Bedrooms | $169K | $172.2K | +1.9% |
| 3 Bedrooms | $235.2K | $245.6K | +4.4% |
| 4 Bedrooms | $314.9K | $315K | 0.0% |
| 5+ Bedrooms | $438.1K | $464.9K | +6.1% |
Summary: Kalamazoo County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Counties
| Barry County | $264.9K | $287.3K | +8.4% |
| Saint Joseph County | $190K | $203.6K | +7.2% |
| Calhoun County | $170.2K | $181.5K | +6.7% |
| Kalamazoo County | $249.8K | $265.1K | +6.1% |
| Van Buren County | $283.9K | $295K | +3.9% |
Housing Supply in Kalamazoo County, MI
How many homes are available in Kalamazoo County, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 811 | 678 | -16.4% |
Summary: The Kalamazoo County real estate market had 678 homes for sale in December 2024, a 16.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 144 | 131 | -9.0% |
| 3 Bedrooms | 349 | 284 | -18.6% |
| 4 Bedrooms | 232 | 183 | -21.1% |
| 5+ Bedrooms | 80 | 73 | -8.8% |
Summary: The Kalamazoo County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 8.8%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 217 | 183 | -15.7% |
Asking Price vs. Sold Price
93 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kalamazoo County, you may be able to get a good deal. 50.8% of homes here sold below asking price last month.
Summary: A total of 183 homes were sold or pending in Kalamazoo County in December 2024, down by 15.7% month-over-month. Of the 183 sold homes, 51% were sold under asking, 22% were sold at asking, and 27% were sold over asking.
Days on Market for Kalamazoo County, MI
How long does it take to sell a home in Kalamazoo County, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 24 Days | 27 Days | +12.4% |
Summary: Homes in Kalamazoo County had an average of 27 days on market in Dec 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
127 Homes Were Sold
Under 30 Days
47 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kalamazoo County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 183 homes were sold in Kalamazoo County; 69% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.