Kalamazoo, MI home prices
Typical home $274,078 · +4.4% in a year · income needed $83,200
The Kalamazoo, MI metro area ranks 383 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.4% in a year and +24.2% over five years. With 20% down at 7.11%, the typical home costs about $1,942 a month including 1.45% property tax (Kalamazoo County rate).
Mortgage on the typical Kalamazoo home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $54,816 | $219,263 | $1,475 | $0 | $467 | $1,942 | $83,200 |
| 10% down | $27,408 | $246,671 | $1,659 | $103 | $467 | $2,230 | $95,600 |
| 5% down | $13,704 | $260,375 | $1,752 | $108 | $467 | $2,327 | $99,700 |
| 3.5% down (FHA) | $9,593 | $269,114 | $1,810 | $121 | $467 | $2,399 | $102,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.45% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Kalamazoo area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Kalamazoo County, MI | $273,812 | +4.2% | 1.45% |
What can you afford in Michigan on your salary? · Michigan home prices · Salaries in Michigan
Frequently asked questions
How much is a house in Kalamazoo?
The typical home in the Kalamazoo, MI metro area is worth $274,078 (Zillow, September 2026).
What salary do you need to buy a house in Kalamazoo?
About $83,200 a year for the typical home with 20% down at 7.11%.