Kalamazoo, MI in zip code 49006 is an attractive place for housing. The median value of a house in this area is $198,900 - much lower than the US median house value of $338,100. Additionally, over the past year, the appreciation rate of houses in Kalamazoo has been 10.54%, higher than the US 1 year house appreciation rate of 8.27%. With such low prices and high appreciation rates, Kalamazoo's housing market is poised for continued growth in the near future.
The median home cost in Kalamazoo (zip 49006) is $198,900. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Kalamazoo (zip 49006) is up 14.9%.
Average Age of Homes
- The median age of Kalamazoo (zip 49006) real estate is 41 years old
The Rental Market in Kalamazoo (zip 49006)
- Renters make up 55.7% of the Kalamazoo (zip 49006) population
- 2.7% of houses and apartments in Kalamazoo (zip 49006), 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.