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SCHOOLCRAFT, MI 49087

Real Estate Market Report  ·  Kalamazoo County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SCHOOLCRAFT, MI real estate market (49087) currently shows 13 active listings, with 9 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 45 days last year.

The median listing price has fallen 36.4% year-over-year, from $380,925 to $242,225.

Whether you are buying or selling in SCHOOLCRAFT, 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: 6,168  ·  Density: 38.1/mi²  ·  Median household income: $95,449

Typical home value: $266,339  ·  Homeownership: 91.8%

Market Overview

Active Listings
13
⇧ 30% vs 10 last year
Pending
9
69% pending ratio
Median Price
$242,225
⇩ 36.4% vs $380,925 last year
Average Price
$347,083
⇩ 39% vs $568,690 last year
Days on Market
85
⇧ 88.9% vs 45 days last year

Price Per Square Foot

Median $/sqft
$153
⇩ 4.4% vs $160/sqft last year
Median Home Size
1,672 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 10 last year
  • Days on market: 85 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $242,225 (-36.4% YoY)
  • Average: $347,083 (-39% 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 18.4 miles — 348 listings ($112,795,125 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49087Schoolcraft, MI 490870.0 mi12$5,074,500$421,250$422,875
49065Lawton, MI 490657.9 mi11$2,748,900$272,450$249,900
49071Mattawan, MI 490718.7 mi40$18,433,760$357,000$460,844
49097Vicksburg, MI 4909710.0 mi30$13,311,450$319,950$443,715
49093Three Rivers, MI 4909310.4 mi53$17,814,678$257,000$336,126
49006Kalamazoo, MI 4900612.3 mi51$13,822,785$239,900$271,035
49007Kalamazoo, MI 4900713.4 mi28$5,264,560$159,900$188,020
49079Paw Paw, MI 4907914.0 mi34$13,160,686$275,000$387,079
49048Kalamazoo, MI 4904814.1 mi62$13,780,740$187,500$222,270
49032Centreville, MI 4903216.8 mi6$2,225,598$397,900$370,933
49095Vandalia, MI 4909517.8 mi8$2,975,200$299,900$371,900
49061Jones, MI 4906118.2 mi2$369,800$184,900$184,900
49042Constantine, MI 4904218.4 mi11$3,812,468$350,000$346,588

Frequently Asked Questions

How many homes are for sale in SCHOOLCRAFT, MI 49087?

As of February 2026, there are 13 active listings in SCHOOLCRAFT, MI (zip code 49087), compared to 10 the prior year.

What is the median home price in SCHOOLCRAFT, MI 49087?

The median listing price in SCHOOLCRAFT, MI 49087 is $242,225 as of February 2026, a 36.4% decrease from $380,925 the prior year.

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

Homes in SCHOOLCRAFT, MI 49087 spend an average of 85 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in SCHOOLCRAFT, MI 49087?

Based on current inventory and days-on-market data as of February 2026, SCHOOLCRAFT, MI 49087 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 45 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SCHOOLCRAFT, MI 49087 save an estimated $4,845 compared to a typical 5% commission on the median listing price of $242,225. 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.