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Portage, 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 $84K, +4.4% YoY (ZIP); renters hold 30.6% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −10.1% YoY. inventory, −7.7% 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 $337,961 (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.

3 ZIPs in this city:49002 49024 49081

Median Listing Price

$338K

Population

50,560

21,249

Median Days on Market

Active Listings

113

New Listings

Housing Market

The median listing price is down 10.1% YoY while the median home got down 1.6% bigger, so value per square foot is up 1.9%.

Pricing

Median Listing Price

$338K-10.1% YoY

Average Listing Price

$396K-9.5% YoY

Price per Sq Ft

$176.133+1.9% YoY

Median Sq Ft

2,036-1.6% YoY

Inventory

Active Listings

1130.0% YoY

New Listings

72+16.1% YoY

Total Listings

191-7.7% YoY

Buyer Competition

Pending Listings

80-14.9% YoY

Pending Ratio

0.71-14.1% YoY

Median Days on Market

41-1.0% YoY

Price Reduced

18.8%-17.0% 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 30.6% of this ZIP's 21,249 occupied households, on a median household income of $84K.

Population & Age

Total Population

50,560+0.4% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 50,560

51Kresidents

Under 1810,64321.1%

Adults 18–6430,87461.1%

65 & Over9,04317.9%

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

38.44+3.0% YoY

Population Under 18

10,643-3.3% YoY

Population 65 & Over

9,043+5.0% YoY

Households & Mobility

Total Households

21,249+1.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.37-1.1% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house87.1%

Moved (within US)12.8%

Other0.1%

Veterans

6.3%-2.7% YoY

Income & Poverty

Median Household Income

$84K+4.4% YoY

Per-Capita Income

$47K+2.6% YoY

Mean Household Income

$109K+1.9% YoY

Below Poverty Level

7.3%-4.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone78.4%

Public transit0.6%

Worked from home13.5%

Other7.4%

Worked From Home

13.5%+18.6% YoY

Mean Commute

19.89+1.5% YoY

Units & Tenure

Total Housing Units

22,322+0.5% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 22,322

22Kunits

Occupied21,24995.2%

Vacant1,0734.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 21,249

21Khouseholds

Owner14,74969.4%

Renter6,50030.6%

Avg Household Size — Owner

2.63-0.6% YoY

Avg Household Size — Renter

1.79-3.1% 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 Portage? Put it next to another market.

State

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Portage, 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 $84K, +4.4% YoY (ZIP); renters hold 30.6% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −10.1% YoY. inventory, −7.7% 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

3 ZIPs in this city:49002 49024 49081

Median Listing Price

$338K

Population

50,560

21,249

Median Days on Market

Active Listings

113

New Listings

Housing Market

The median listing price is down 10.1% YoY while the median home got down 1.6% bigger, so value per square foot is up 1.9%.

Pricing

Median Listing Price

$338K-10.1% YoY

Average Listing Price

$396K-9.5% YoY

Price per Sq Ft

$176.133+1.9% YoY

Median Sq Ft

2,036-1.6% YoY

Inventory

Active Listings

1130.0% YoY

New Listings

72+16.1% YoY

Total Listings

191-7.7% YoY

Buyer Competition

Pending Listings

80-14.9% YoY

Pending Ratio

0.71-14.1% YoY

Median Days on Market

41-1.0% YoY

Price Reduced

18.8%-17.0% 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 30.6% of this ZIP's 21,249 occupied households, on a median household income of $84K.

Population & Age

Total Population

50,560+0.4% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 50,560

51Kresidents

Under 1810,64321.1%

Adults 18–6430,87461.1%

65 & Over9,04317.9%

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

38.44+3.0% YoY

Population Under 18

10,643-3.3% YoY

Population 65 & Over

9,043+5.0% YoY

Households & Mobility

Total Households

21,249+1.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.37-1.1% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house87.1%

Moved (within US)12.8%

Other0.1%

Veterans

6.3%-2.7% YoY

Income & Poverty

Median Household Income

$84K+4.4% YoY

Per-Capita Income

$47K+2.6% YoY

Mean Household Income

$109K+1.9% YoY

Below Poverty Level

7.3%-4.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone78.4%

Public transit0.6%

Worked from home13.5%

Other7.4%

Worked From Home

13.5%+18.6% YoY

Mean Commute

19.89+1.5% YoY

Units & Tenure

Total Housing Units

22,322+0.5% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 22,322

22Kunits

Occupied21,24995.2%

Vacant1,0734.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 21,249

21Khouseholds

Owner14,74969.4%

Renter6,50030.6%

Avg Household Size — Owner

2.63-0.6% YoY

Avg Household Size — Renter

1.79-3.1% 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 Portage? Put it next to another market.