Kalamazoo, MI Foreclosures
How much do homes sell for in Kalamazoo, MI?
The average home price is currently $285,916.
In Kalamazoo, MI, how many homes are available?
There are currently 36 active home listings available in Kalamazoo.
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 $18,432,364.
What is currently the cheapest priced home in Kalamazoo, MI?
The cheapest home for sale in Kalamazoo is priced at $10,528.
Living in Kalamazoo, MI
Kalamazoo, MI, is a dynamic city characterized by its educational institutions, diverse culture, and abundant recreational opportunities. With a lively downtown and numerous parks, it offers a rich blend of community and activity. Kalamazoo is ideal for those seeking a balanced lifestyle amidst nature and urban amenities.
Current Market Conditions in Kalamazoo, MI
Kalamazoo's real estate market has been experiencing steady growth, driven by an influx of new residents drawn to the vibrant community and strong job market. The demand for housing has led to an increase in home prices, with many buyers competing for homes, particularly in desirable neighborhoods.
Overall, the market continues to show resilience with a healthy inventory of homes. However, certain segments, especially those below the median price range, are seeing quicker sales and multiple offers, highlighting the ongoing buyer interest in the Kalamazoo housing market.
Home Value Estimator For Kalamazoo, MI
There are currently 49,079 real estate properties
in Kalamazoo, MI,
with a median automated valuation model (AVM) price
of $238,197.00. 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 $285,916.00, with the most expensive house
in Kalamazoo, MI, topping out
at $18,432,364.00 and the cheapest home
in Kalamazoo, MI,
clocking in at $10,528.00. 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.
Learn more on Foreclosure homes
