Kalamazoo, MI 49048 Real Estate & Property Data

Kalamazoo, MI 49048 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 426 residential properties have been sold over the past 12 months in 49048. With a median sales price of $159,900 in 49048 and a total of 1 foreclosures in Kalamazoo, MI 49048. Discover market trends and get the granular level real estate data for Kalamazoo, MI 49048 to keep your pulse on the housing market. Curate compelling home reports for Kalamazoo, MI 49048 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Kalamazoo, MI 49048 Real Estate Market Trends
Total Residential Properties 7,644
Total Commercial Properties 891
Avg. Home Age (Single Family Home) 69 Years
Avg. Square Feet (Single Family Home) 1,319
Total 2024 Residential Sales (year-to-date) 51
% of Homes Seriously Underwater (Q2 2024) 1.37%
Total 2023 Residential Sales 398
% of Equity Rich Homes (Q2 2024) 30.04%
Effective 2023 Property Tax 1.18%
Total Foreclosure Filings (year-to-date) 4
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Kalamazoo, MI 49048 Real Estate Overview

There were 426 residential properties sold in the past year in Kalamazoo, MI 49048. The median home value in Kalamazoo, MI 49048 is $174,598. There are a total of 7,644 residential properties in the 49048.

Median Sales Price i
$159,900
(Feb 2024)
-13.1%
year-over-year
y-o-y
  • February '24 Feb '24 $159,900
  • January '24 Jan '24 $199,100
  • December '23 Dec '23 $176,450
  • November '23 Nov '23 $197,450
  • October '23 Oct '23 $205,000
  • September '23 Sep '23 $175,000
  • August '23 Aug '23 $160,000
  • July '23 Jul '23 $188,500
  • June '23 Jun '23 $220,000
  • May '23 May '23 $160,500
  • April '23 Apr '23 $176,000
  • March '23 Mar '23 $160,000
Median Down Payment i
$25,000
(Feb 2024)
+217.5%
year-over-year
y-o-y
  • February '24 Feb '24 $25,000
  • January '24 Jan '24 $11,000
  • December '23 Dec '23 $10,000
  • November '23 Nov '23 $15,000
  • October '23 Oct '23 $14,960
  • September '23 Sep '23 $11,075
  • August '23 Aug '23 $14,150
  • July '23 Jul '23 $10,425
  • June '23 Jun '23 $23,500
  • May '23 May '23 $7,414
  • April '23 Apr '23 $26,000
  • March '23 Mar '23 $8,170
Number of Homes Sold i
23
(Feb 2024)
+21.1%
year-over-year
y-o-y
  • February '24 Feb '24 23
  • January '24 Jan '24 28
  • December '23 Dec '23 21
  • November '23 Nov '23 26
  • October '23 Oct '23 45
  • September '23 Sep '23 40
  • August '23 Aug '23 47
  • July '23 Jul '23 38
  • June '23 Jun '23 48
  • May '23 May '23 35
  • April '23 Apr '23 27
  • March '23 Mar '23 29
Number of Purchase Loans i
16
(Feb 2024)
-20%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 14
  • December '23 Dec '23 17
  • November '23 Nov '23 31
  • October '23 Oct '23 41
  • September '23 Sep '23 35
  • August '23 Aug '23 31
  • July '23 Jul '23 31
  • June '23 Jun '23 31
  • May '23 May '23 28
  • April '23 Apr '23 19
  • March '23 Mar '23 24
Number of REFI Loans i
17
(Feb 2024)
+54.5%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 8
  • December '23 Dec '23 13
  • November '23 Nov '23 18
  • October '23 Oct '23 15
  • September '23 Sep '23 16
  • August '23 Aug '23 14
  • July '23 Jul '23 11
  • June '23 Jun '23 17
  • May '23 May '23 17
  • April '23 Apr '23 13
  • March '23 Mar '23 13
Number of HELOC Loans i
10
(Feb 2024)
-9.1%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 13
  • December '23 Dec '23 7
  • November '23 Nov '23 4
  • October '23 Oct '23 4
  • September '23 Sep '23 12
  • August '23 Aug '23 13
  • July '23 Jul '23 13
  • June '23 Jun '23 6
  • May '23 May '23 11
  • April '23 Apr '23 10
  • March '23 Mar '23 15

Kalamazoo, MI 49048 Foreclosure Activity

There were a total of 1 Kalamazoo, MI 49048 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Kalamazoo, MI 49048 properties and repossessed 6 Kalamazoo, MI 49048 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 3
  • December '23 Dec '23 5
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 4
  • August '23 Aug '23 1
  • July '23 Jul '23 4
  • June '23 Jun '23 N/A
  • May '23 May '23 5
  • April '23 Apr '23 N/A
  • March '23 Mar '23 2
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 3
  • December '23 Dec '23 5
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 4
  • August '23 Aug '23 1
  • July '23 Jul '23 4
  • June '23 Jun '23 N/A
  • May '23 May '23 5
  • April '23 Apr '23 N/A
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
6
(Feb 2024)
  • February '24 Feb '24 6
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 2
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