49001, Kalamazoo, MI

The Kalamazoo zip code 49001 has a population of around 71,000 and is located in the western part of the state. The median home value in this zip code is $128,900 which is above the Michigan median home value of $120,000. The percentage of homes in this zip code that are owner-occupied is around 68%, which is above the Michigan average of 63%. The percentage of homes that are renter-occupied is around 32%, which is below the Michigan average of 37%.

There are a total of 18,600 homes in the 49001 zip code and according to Zillow, there are an average of 2.5 properties per household in this area. This means that there are a lot of potential homebuyers in this area and competition for properties will be high. It's important to note that while Kalamazoo has a higher than average home value, it also has a higher than average rate of foreclosure (4%). This means that if you're looking to buy a property in this area, you'll need to be prepared to do some research into potential risks and rewards associated with buying property here.