Markets/Michigan/Kalamazoo-Portage

Kalamazoo-Portage, MI Real Estate Market 2026

Investor-grade market analytics for Kalamazoo-Portage, Michigan. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$262,073

+3.4% year-over-year

Est. Rental Yield

6.2%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Market Momentum

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Neutral
2.6mo supply ยท Score +1/7

Migration: Top 80% nationally

Income Migration

๐Ÿ“‰ Wealth Drain0.87x

In-migrants avg $52,996 AGI vs out-migrants $60,731

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Opportunity Zone Market

3 ZIP codes in Kalamazoo-Portage are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Kalamazoo-Portage Market Summary

Kalamazoo-Portage, MI shows steady growth at 3.4% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.72x, below the national average of 4.8x. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 6.2% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score90/100
Price-to-Income Ratio3.7x (national avg 4.8x)
Median Household Income$70,525

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Kalamazoo-Portage, MI's primary climate exposure is tornadoes (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Kalamazoo-Portage dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.