Market Intelligence Report — MI-020

Kalamazoo-Portage, MI

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

Ref. No: 2026-MI-08
As of the latest 2026 data
Accelerated

Median Listing

$325K
-8.6% YoY

Pending Ratio

0.67
-11.7% YoY

Active Inventory

597
+15.5% YoY

Median DOM

39 Days
+0.0% YoY

Primary Intelligence Tool — Sold Score™

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The Kalamazoo-Portage market demonstrates accelerated conditions, with a pending ratio of 0.67 indicating demand is outpacing available inventory. Median listing prices declined by 8.6% year-over-year, alongside a slight month-over-month decrease of 0.8%.

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

4.6%-0.8 pp YoY

Unemployment rate · Jul 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 expanded significantly, with active listings increasing by 15.5% and new listings by 20.0% over the past year. Despite this growth in supply, the pending ratio of 0.67 suggests continued demand. The median days on market remained stable year-over-year, and median $/sqft saw a modest decline of 1.9% over the past year.

Historical Analysis

Market Trends

Median Price

$325K-0.8% MoM

Active Inventory

597+15.5% YoY

Days on Market

39+0.0% YoY

Sold Score™

67-11.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

67
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 sustained pending ratio above 0.60 indicates a relatively swift pace of absorption, maintaining pressure on available inventory. While inventory growth provides some breathing room, the current demand environment suggests limited room for price discipline from sellers. Negotiating leverage remains tilted towards properties that are well-positioned for immediate absorption.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

597 active listings represent the current floor, with new supply arriving at roughly 384 per month.

Pricing Pressure
25.0%

of active listings carry a price reduction, +3.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.9% year-over-year.

Absorption
0.67

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Kalamazoo-Portage, MI? Inventory is up 15% from last year.

Demand in Kalamazoo-Portage, MI is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
67%
Median Days on Market
39 days
Inventory YoY
+15%

Demand is strong in Kalamazoo-Portage, MI. Check your Sold Score before you price — conditions this favorable don't hold forever.

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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