49087 — Van Buren County, Michigan Market Snapshot
Housing market data for zip code 49087 in Van Buren County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$292,450
Days to Sell
5
Homes Sold
16
Inventory
8
Sale-to-List
101.4%
New Listings
23
Price/SqFt
$206
Pending Sales
21
Conforming Loan Available
Most homebuyers in 49087 can comfortably use conventional financing. The median home price of $292,450 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
49087 is an extremely competitive market with homes selling in just 5 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 49087 (101.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 49087 can comfortably use conventional financing. The median home price of $292,450 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 49087 are set at the county level.
2026 Loan Limits — Van Buren 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 49087
To purchase the median home at $292,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,391.
Monthly Payment
$2,391
Income Required
$102,457
Principal & Interest
$1,802/mo
Down Payment (5%)
$14,623
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 49087.
Estimated Monthly Payment
$1,960
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