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Kalamazoo, Michigan

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $64K, +0.4% YoY (ZIP); renters hold 44.0% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −5.4% YoY. inventory, +18.5% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $310,360 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

10 ZIPs in this city:49001 49003 49004 49005 49006 49007 49008 49009 49019 49048

Median Listing Price

$310K

Population

162,003

66,813

Median Days on Market

Active Listings

381

New Listings

190

Housing Market

The median listing price is down 5.4% YoY while the median home got down 6.2% bigger, so value per square foot is up 2.8%.

Pricing

Median Listing Price

$310K-5.4% YoY

Average Listing Price

$363K-4.4% YoY

Price per Sq Ft

$162.181+2.8% YoY

Median Sq Ft

1,786-6.2% YoY

Inventory

Active Listings

381+29.6% YoY

New Listings

190+37.7% YoY

Total Listings

596+18.5% YoY

Buyer Competition

Pending Listings

214+2.4% YoY

Pending Ratio

0.56-21.5% YoY

Median Days on Market

41-14.7% YoY

Price Reduced

21.9%+0.1% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 114,908

115Kunits

Occupied107,11093.2%

Vacant7,7986.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 107,110

107Koccupied

Owner69,10664.5%

Renter38,00435.5%

Renter Share

35.5%-1.6% YoY

Total Housing Units

114,908+0.4% YoY

FY2026 Fair Market Rent

CountyKalamazoo County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$838

/month

1 BR

$998

/month

2 BR

$1,162

/month

3 BR

$1,531

/month

4 BR

$1,571

/month

FMR trends · Kalamazoo County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 44.0% of this ZIP's 66,813 occupied households, on a median household income of $64K.

Population & Age

Total Population

162,003-0.5% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 162,003

162Kresidents

Under 1833,58320.7%

Adults 18–64104,58064.6%

65 & Over23,84014.7%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

32.62-0.3% YoY

Population Under 18

33,583-1.2% YoY

Population 65 & Over

23,840+2.8% YoY

Households & Mobility

Total Households

66,813-0.2% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.32-0.4% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house83.2%

Moved (within US)16.1%

Other0.6%

Veterans

5.3%-1.3% YoY

Income & Poverty

Median Household Income

$64K+0.4% YoY

Per-Capita Income

$38K+3.4% YoY

Mean Household Income

$89K+2.5% YoY

Below Poverty Level

16.7%-4.3% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone75.0%

Public transit1.5%

Worked from home12.2%

Other11.3%

Worked From Home

12.2%+9.2% YoY

Mean Commute

20.26+2.8% YoY

Units & Tenure

Total Housing Units

72,236-0.6% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 72,236

72Kunits

Occupied66,81392.5%

Vacant5,4237.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 66,813

67Khouseholds

Owner37,41356.0%

Renter29,40044.0%

Avg Household Size — Owner

2.56-0.1% YoY

Avg Household Size — Renter

2.01-1.1% YoY

County Demographics

County population is up 0.4% to 262,375: residents under 18 are down 0.6% and those 65 and over are up 2.5%.

Median Age

35.02024

Population

Kalamazoo County Population

264,780+0.6% YoY

Households

Total Households

107,110+0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.38-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 262,375

262Kresidents

Under 1855,90621.3%

Adults 18–64164,12962.6%

65 & Over42,34016.1%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

55,906-0.6% YoY

Population 65 & Over

42,340+2.5% YoY

Median Age

35.00+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.7%

Moved (within US)13.9%

Other0.4%

Veterans

5.7%-3.4% YoY

County Economy

County median household income is $73K, 12.7% of residents are below the poverty level, 12.5% work from home.

Income

Median Household Income

$73K+2.8% YoY

Per-Capita Income

$42K+4.0% YoY

Mean Household Income

$100K+3.4% YoY

Poverty

Below Poverty Level

12.7%-4.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone76.6%

Public transit1.1%

Worked from home12.5%

Other9.8%

Worked From Home

12.5%+10.6% YoY

Mean Commute

20.70+2.0% YoY

Done with Kalamazoo? Put it next to another market.

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City

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Kalamazoo, Michigan

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $64K, +0.4% YoY (ZIP); renters hold 44.0% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −5.4% YoY. inventory, +18.5% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

10 ZIPs in this city:49001 49003 49004 49005 49006 49007 49008 49009 49019 49048

Median Listing Price

$310K

Population

162,003

66,813

Median Days on Market

Active Listings

381

New Listings

190

Housing Market

The median listing price is down 5.4% YoY while the median home got down 6.2% bigger, so value per square foot is up 2.8%.

Pricing

Median Listing Price

$310K-5.4% YoY

Average Listing Price

$363K-4.4% YoY

Price per Sq Ft

$162.181+2.8% YoY

Median Sq Ft

1,786-6.2% YoY

Inventory

Active Listings

381+29.6% YoY

New Listings

190+37.7% YoY

Total Listings

596+18.5% YoY

Buyer Competition

Pending Listings

214+2.4% YoY

Pending Ratio

0.56-21.5% YoY

Median Days on Market

41-14.7% YoY

Price Reduced

21.9%+0.1% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 114,908

115Kunits

Occupied107,11093.2%

Vacant7,7986.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 107,110

107Koccupied

Owner69,10664.5%

Renter38,00435.5%

Renter Share

35.5%-1.6% YoY

Total Housing Units

114,908+0.4% YoY

FY2026 Fair Market Rent

CountyKalamazoo County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$838

/month

1 BR

$998

/month

2 BR

$1,162

/month

3 BR

$1,531

/month

4 BR

$1,571

/month

FMR trends · Kalamazoo County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 44.0% of this ZIP's 66,813 occupied households, on a median household income of $64K.

Population & Age

Total Population

162,003-0.5% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 162,003

162Kresidents

Under 1833,58320.7%

Adults 18–64104,58064.6%

65 & Over23,84014.7%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

32.62-0.3% YoY

Population Under 18

33,583-1.2% YoY

Population 65 & Over

23,840+2.8% YoY

Households & Mobility

Total Households

66,813-0.2% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.32-0.4% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house83.2%

Moved (within US)16.1%

Other0.6%

Veterans

5.3%-1.3% YoY

Income & Poverty

Median Household Income

$64K+0.4% YoY

Per-Capita Income

$38K+3.4% YoY

Mean Household Income

$89K+2.5% YoY

Below Poverty Level

16.7%-4.3% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone75.0%

Public transit1.5%

Worked from home12.2%

Other11.3%

Worked From Home

12.2%+9.2% YoY

Mean Commute

20.26+2.8% YoY

Units & Tenure

Total Housing Units

72,236-0.6% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 72,236

72Kunits

Occupied66,81392.5%

Vacant5,4237.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 66,813

67Khouseholds

Owner37,41356.0%

Renter29,40044.0%

Avg Household Size — Owner

2.56-0.1% YoY

Avg Household Size — Renter

2.01-1.1% YoY

County Demographics

County population is up 0.4% to 262,375: residents under 18 are down 0.6% and those 65 and over are up 2.5%.

Median Age

35.02024

Population

Kalamazoo County Population

264,780+0.6% YoY

Households

Total Households

107,110+0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.38-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 262,375

262Kresidents

Under 1855,90621.3%

Adults 18–64164,12962.6%

65 & Over42,34016.1%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

55,906-0.6% YoY

Population 65 & Over

42,340+2.5% YoY

Median Age

35.00+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.7%

Moved (within US)13.9%

Other0.4%

Veterans

5.7%-3.4% YoY

County Economy

County median household income is $73K, 12.7% of residents are below the poverty level, 12.5% work from home.

Income

Median Household Income

$73K+2.8% YoY

Per-Capita Income

$42K+4.0% YoY

Mean Household Income

$100K+3.4% YoY

Poverty

Below Poverty Level

12.7%-4.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone76.6%

Public transit1.1%

Worked from home12.5%

Other9.8%

Worked From Home

12.5%+10.6% YoY

Mean Commute

20.70+2.0% YoY

Done with Kalamazoo? Put it next to another market.