Greater Kalamazoo Housing Market Update!

Spring is in the air—and so is market momentum! The latest data for March 2025 shows the Greater Kalamazoo housing market is heating up, with prices on the rise and competition increasing.

Kalamazoo Market Snapshot – March 2025

• Average Sale Price: $314,000 (up from $296,000 last year)

• Homes Currently for Sale: 351 (an increase from 325 in March 2024)

• List to Sale Price Ratio: 98% (up 1% from last year)

• Average Days on Market: 41 days (compared to 42 days in March 2024)

• Current Months Inventory: 1.6 months (up from 1.1 months last year)

  
  

Key Takeaways:

• Prices Continue to Climb: With the average sale price jumping over 6% year-over-year, sellers continue to benefit from strong home values.

• Inventory is Rising: While still a seller’s market, we’re seeing more listings hit the market—great news for buyers eager to make a move this spring.

• Homes are Selling Fast: On average, homes are selling a day faster than last year, showing steady buyer demand.

• Sellers Are Getting Close to Asking Price: With a 98% list-to-sale price ratio, it’s clear that well-priced homes are commanding strong offers.

  
  

What We're Reading

Next week we officially hit the best week of the year to list your home! Check out this article from Realtor.com

Final Thoughts

If you’ve been thinking about buying or selling, now’s the time to stay plugged in to your local market. We’re here to answer questions, share insights, or help you take your next step confidently.

Have questions about your specific neighborhood or home’s value? Let’s chat! Contact us today for a personalized market analysis or to discuss your real estate goals! 269-633-9243