Kalamazoo, MI

Population: 74,743
Average annual home appreciation rate: -0.66%
Total of homes for sale in this market:
Median home price: $97,638
Median Rent: $601 per room
Home price range: 41.48% of homes are between $96,001 – $192,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 51.02% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 12.77%
Number of renters: 53.64%
Number of owner occupied: 46.36%
Number people living below poverty level: 34.65%
Unemployment rate: 11.4%
Is this area perfect for real estate deals going on right now? Home prices are low, rental rates are high, Kalamazoo has been in a ‘down’ market for years… With these types of variables, and a high percentage of vacant properties, there could be some serious opportunities for a savvy cash investor in this market for buy and hold properties.

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