49048 — Kalamazoo County, Michigan Market Snapshot
Housing market data for zip code 49048 in Kalamazoo County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
68 sales in 2026 (year to date)
Median Sale Price
$199,450
Days to Sell
25
Homes Sold
68
Inventory
37
Sale-to-List
99.3%
New Listings
89
Price/SqFt
$163
Pending Sales
85
Conforming Loan Available
Most homebuyers in 49048 can comfortably use conventional financing. The median home price of $199,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 49048 are moving quickly at 25 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 49048 (99.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 49048 can comfortably use conventional financing. The median home price of $199,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 49048 are set at the county level.
2026 Loan Limits — Kalamazoo County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 49048
To purchase the median home at $199,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,678.
Monthly Payment
$1,678
Income Required
$71,920
Principal & Interest
$1,229/mo
Down Payment (5%)
$9,973
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 49048.
Estimated Monthly Payment
$1,384
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