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Colony Farm Hill N' Brook Knollwood Oakland / Winchell Oakwood Parkview Hills South Westnedge Vine Western Michigan University/Kalamazoo Regional Psychiatric Hospi (WMU/KRPH) Westnedge Hill

KALAMAZOO, MI 49008

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 49008

Colony Farm · Hill N' Brook · Knollwood · Oakland / Winchell · Oakwood · Parkview Hills · South Westnedge · Vine · Western Michigan University/Kalamazoo Regional Psychiatric Hospi (WMU/KRPH) · Westnedge Hill

Market Analysis

Data as of February 2026. Source: Realtor.com.

The KALAMAZOO, MI real estate market (49008) currently shows 42 active listings, with 19 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 55 days on market compared to 47 days last year.

The median listing price has risen 16.1% year-over-year, from $205,175 to $238,250.

Whether you are buying or selling in KALAMAZOO, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 16,114  ·  Density: 925.8/mi²  ·  Median household income: $64,963

Typical home value: $197,665  ·  Homeownership: 62.5%

Market Overview

Active Listings
42
vs 42 last year
Pending
19
45% pending ratio
Median Price
$238,250
⇧ 16.1% vs $205,175 last year
Average Price
$343,107
⇧ 14.3% vs $300,155 last year
Days on Market
55
⇧ 17% vs 47 days last year

Price Per Square Foot

Median $/sqft
$144
⇧ 2.1% vs $141/sqft last year
Median Home Size
1,664 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 55 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $238,250 (+16.1% YoY)
  • Average: $343,107 (+14.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.1 miles — 362 listings ($140,117,278 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49008Kalamazoo, MI 490080.0 mi39$13,348,608$220,000$342,272
49001Kalamazoo, MI 490012.7 mi51$8,342,784$150,000$163,584
49024Portage, MI 490244.2 mi88$37,172,256$409,900$422,412
49002Portage, MI 490025.3 mi45$21,190,635$359,000$470,903
49004Kalamazoo, MI 490046.6 mi40$11,016,920$239,950$275,423
49053Galesburg, MI 4905310.3 mi19$10,898,115$319,500$573,585
49088Scotts, MI 4908811.1 mi8$3,371,736$354,950$421,467
49097Vicksburg, MI 4909712.1 mi30$13,311,450$319,950$443,715
49055Gobles, MI 4905514.2 mi17$11,155,553$379,900$656,209
49034Climax, MI 4903414.6 mi2$684,800$342,400$342,400
49012Augusta, MI 4901215.1 mi10$4,182,020$357,500$418,202
49060Hickory Corners, MI 4906015.9 mi3$1,624,401$549,900$541,467
49067Marcellus, MI 4906719.1 mi10$3,818,000$274,900$381,800

Frequently Asked Questions

How many homes are for sale in KALAMAZOO, MI 49008?

As of February 2026, there are 42 active listings in KALAMAZOO, MI (zip code 49008), compared to 42 the prior year.

What is the median home price in KALAMAZOO, MI 49008?

The median listing price in KALAMAZOO, MI 49008 is $238,250 as of February 2026, a 16.1% increase from $205,175 the prior year.

How long do homes stay on the market in KALAMAZOO, MI?

Homes in KALAMAZOO, MI 49008 spend an average of 55 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in KALAMAZOO, MI 49008?

Based on current inventory and days-on-market data as of February 2026, KALAMAZOO, MI 49008 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 55 days on market compared to 47 days last year.

How much can I save on real estate commission in KALAMAZOO, MI?

With SELL123.com's maximum 3% commission, sellers in KALAMAZOO, MI 49008 save an estimated $4,765 compared to a typical 5% commission on the median listing price of $238,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.