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Condo Foreclosures in Kalamazoo, MI 49002

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Kalamazoo, MI Foreclosures

How much do homes sell for in Kalamazoo, MI?
The average home price is currently $274,111.
What’s the average rental cost in Kalamazoo, MI?
The average rental price in Kalamazoo is $1,320.
What is the most expensive home in Kalamazoo?
The most expensive home sold in Kalamazoo had a price of $5,527,300.
What is currently the cheapest priced home in Kalamazoo, MI?
The cheapest home for sale in Kalamazoo is priced at $10,531.

Living in Kalamazoo, MI

Kalamazoo, MI is a vibrant city with an impressive blend of cultural, educational, and recreational offerings. The presence of Western Michigan University fuels a dynamic atmosphere that attracts diverse populations. The city is also home to lush parks and a variety of community events throughout the year.

Current Market Conditions in Kalamazoo, MI

The real estate market in Kalamazoo has shown resilience and growth, with many buyers looking to settle in this beautiful area. With a range of properties available from historic homes to new constructions, there is something for every taste and budget.

Trends indicate a steady increase in home values, driven by demand from both families seeking good schools and young professionals attracted to the city's lifestyle. As more businesses move to the area, economic development is expected to continue bolstering the real estate market.

Home Value Estimator For Kalamazoo, MI

There are currently 46,140 real estate properties in Kalamazoo, MI, with a median automated valuation model (AVM) price of $238,396.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kalamazoo, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Kalamazoo, MI, is $274,111.00, with the most expensive house in Kalamazoo, MI, topping out at $5,527,300.00 and the cheapest home in Kalamazoo, MI, clocking in at $10,531.00. In other words, there’s something for every potential homebuyer or savvy investor in Kalamazoo, MI!

Rent Prices In Kalamazoo, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kalamazoo, MI, is on a rollercoaster ride. The average rent price in Kalamazoo, MI, is $1,320.00. Indeed, when looking to rent in Kalamazoo, MI, you can expect to pay as little as $470.00 or as much as $3,280.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Kalamazoo, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Kalamazoo, MI 49002 Condos


Market Trend for Kalamazoo, MI

Total Listings Available: 0

Market Values:

Home Prices from $10,531 to $5,527,300

Average Sales Price: $274,111

Rental Values:

Rental from $470 to $3,280

Average Rent Value: $1,320 / month

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