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Kalamazoo housing market: home prices, trends and forecast

Kalamazoo home prices: in September 2026 the Zillow Home Value Index put a typical home in Kalamazoo, Michigan at $238,251, up 4.1% from a year earlier and the highest monthly figure on record.

Value of a typical home
$238,251
September 2026, Zillow ZHVI
Change over 12 months
+4.1%. Change since September 2025.
Change over 10 years
+100.0%. Change since September 2016.
Multiple from 2000
×2.3. Starting from $104,542.
Days on the market
43
Realtor.com, Kalamazoo, MI metro.

Kalamazoo home prices since 2000

Kalamazoo is the steel line, and the United States is the grey line. Since January 2000, a typical Kalamazoo home rose from $104,542 to $238,251, or ×2.28, against ×2.99 for the US across those months. During the boom, prices peaked in November 2005 at $122,799; the low came in October 2012 at $89,468, −27.1%.

$50k$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $104,542$366,157$238,251Sep 2026KalamazooUnited States$50k$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $105k$366k$238kSep 2026
Typical home values, smoothed and seasonally adjusted, from the Zillow Home Value Index. Zillow Research data
January 2000 · $104,542

Kalamazoo median home price, by year

Each yearly figure averages the twelve monthly values; for 2026 only the latest month is shown.

YearKalamazooChange on the yearUnited States
2000$105,646$125,745
2001$110,408+4.5%$134,899
2002$112,508+1.9%$144,276
2003$111,490−0.9%$155,308
2004$117,307+5.2%$169,891
2005$122,066+4.1%$189,732
2006$120,954−0.9%$206,531
2007$118,244−2.2%$208,449
2008$115,060−2.7%$195,574
2009$109,348−5.0%$177,542
2010$103,327−5.5%$171,462
2011$94,948−8.1%$162,508
2012$90,129−5.1%$161,137
2013$94,485+4.8%$171,420
2014$101,691+7.6%$182,996
2015$108,210+6.4%$192,738
2016$116,278+7.5%$204,509
2017$124,076+6.7%$216,767
2018$137,731+11.0%$230,541
2019$148,819+8.1%$242,088
2020$160,665+8.0%$257,151
2021$183,021+13.9%$295,959
2022$202,335+10.6%$340,014
2023$209,767+3.7%$348,160
2024$221,193+5.4%$359,751
2025$228,121+3.1%$362,959
September 2026$238,251+4.1%$366,157

What a home bought in Kalamazoo in any year is worth today

An index-based estimate for a typical home rather than an appraisal.

Each year's figure averages its twelve monthly index values; the current value is September 2026. You can also use the home appreciation calculator.

Are you thinking about selling? Local agents can be compared on Realtor.com. Advertising disclosure: a link like this one can pay the site, but it never changes any number. Disclosure.

Kalamazoo housing market forecast

Zillow's forecast shows +2.3% for the Kalamazoo, MI metro over 12 months beginning September 2026, with +0.8% predicted for the next three months. Kalamazoo's typical value is $238,251, so the forecast would place it near $243,700 a year on.

That forecast restates Zillow's central estimate for the metro; the site itself publishes no forecast. Such a 12-month forecast has typically been off by several percentage points from the realised change, in both directions. This is not investment advice.

Metro forecasts, all in one table: housing market forecast.

Kalamazoo housing market crash risk score

29 out of 100, moderate

Kalamazoo is ranked by the score against 292 cities based on five measures that were high before earlier price falls. Each input is scored from 0 to 100 compared with the other cities, and each of the five counts the same in the average. It shows conditions as they are now; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019−18.4%2120%
Days on the market vs 2019+4.9%4920%
Price-to-rent ratio16.33720%
Price-to-income ratio4.02720%
12-month price change+4.1%1220%

This is not investment advice. How the inputs get their scores: methodology. Every one of the 292 cities ranked: crash risk ranking.

Kalamazoo inventory and days on market

In September 2026 the Kalamazoo, MI metro showed 628 homes for sale, a rise of +20.3% over a year earlier and a drop of 18.4% from the September 2019 level. Listings sold after a median of 43 days (+4.9% against 2019), and price cuts appeared on 21.6% of listings.

Kalamazoo, MI metro, September 2026ValueOn a year
Active listings628+20.3%
New listings306
Median days on market43−6.1%
Median list price$329,900−2.9%
Share with a price cut21.6%

Metro inventory data from Realtor.com® Economic Research. Realtor.com data See every metro: days on market by city.

Rents and living costs in Kalamazoo

The Zillow Observed Rent Index puts the typical asking rent for Kalamazoo at $1,216 a month, +5.3% on a year. The price of a typical home equals 16.3 years at that rent. A typical home is worth 4.0 years of income, based on median household income of $59,226 (Census ACS 2024). BEA puts the metro's prices at 94.8, where the US average is 100, and its housing costs at 81.6.

Other Michigan housing markets

Statewide figures: Michigan housing market.

How to read this chart

Every plotted point gives the Zillow Home Value Index for Kalamazoo: what a typical home costs in the middle third of that market, smoothed and seasonally adjusted, in that month's dollars. On the slider, the hollow dot marks the selected month, while the terracotta dot marks the latest month. No inflation adjustment is applied to these figures, and the index follows the typical home rather than a specific house. To put a price on one house, use the card above or the home appreciation calculator with the price it sold for.