Market Intelligence Report — MI-020

Kalamazoo-Portage, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-09
As of the latest 2026 data
Stabilizing

Median Listing

$330K
-2.9% YoY

Pending Ratio

0.56
-18.4% YoY

Active Inventory

628
+20.3% YoY

Median DOM

43 Days
-6.1% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing Kalamazoo-Portage market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Kalamazoo-Portage, MI.

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The Kalamazoo-Portage market exhibits stabilizing conditions, with the pending ratio at 0.56. While active listings have increased by 20.3% year-over-year, median listing prices have seen a modest 1.5% month-over-month gain.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.0%-0.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

263,795+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Kalamazoo-Portage market right now.

Inventory levels have expanded significantly, with active listings up 20.3% and new listings up 15.0% compared to the prior year. This expansion coincides with a decline in the pending ratio, which is down 18.4% year-over-year to 0.56, indicating slower absorption of available properties. Despite this, median listing prices show a slight monthly increase, though annual prices have contracted by 2.9%.

Historical Analysis

Market Trends

Median Price

$330K+1.5% MoM

Active Inventory

628+20.3% YoY

Days on Market

43-6.1% YoY

Sold Score™

68-18.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

68
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The expansion in active inventory suggests a moderate easing of competitive pressure, moving away from a period of rapid absorption. While properties are still transacting, the reduced pending ratio and increased supply imply that buyers may encounter more options and potentially less urgency. Price discipline remains important as annual median listing prices have adjusted downward.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

628 active listings represent the current floor, with new supply arriving at roughly 306 per month.

Pricing Pressure
21.6%

of active listings carry a price reduction, -0.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.0% year-over-year.

Absorption
0.56

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Kalamazoo-Portage, MI? Inventory is up 20% from last year.

Kalamazoo-Portage, MI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
56%
Median Days on Market
43 days
Inventory YoY
+20%

Kalamazoo-Portage, MI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Kalamazoo-Portage, MI
CBSA Code
28020
State
MI

ZIPs in Kalamazoo-Portage, MI

Sorted by active inventory · click a ZIP for its full report