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1 / 17#17. Galesburg, MI
- Typical home value: $195,524
- 1-year price change: -2.8%
- 5-year price change: +5.9%
Cities with the most expensive homes in the Kalamazoo metro area
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Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Kalamazoo metro area using data from . Charts show the monthly typical home value since January 2018. All 17 cities and towns with data available were included in the list.
You may also like: Cities with the fastest-growing home prices in the Kalamazoo metro area
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2 / 17#16. Parchment, MI
- Typical home value: $205,602
- 1-year price change: +2.7%
- 5-year price change: +27.9%
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3 / 17#15. Kalamazoo, MI
- Typical home value: $243,052
- 1-year price change: +4.1%
- 5-year price change: +26.8%
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4 / 17#14. Comstock, MI
- Typical home value: $261,001
- 1-year price change: +3.5%
- 5-year price change: +27.9%
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5 / 17#13. Greater Galesburg, MI
- Typical home value: $266,495
- 1-year price change: +4.5%
- 5-year price change: +29.9%
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6 / 17#12. Climax, MI
- Typical home value: $267,946
- 1-year price change: +8.3%
- 5-year price change: +30.1%
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7 / 17#11. Fulton, MI
- Typical home value: $267,948
- 1-year price change: +9.4%
- 5-year price change: +30.4%
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8 / 17#10. Comstock Northwest, MI
- Typical home value: $270,636
- 1-year price change: +1.7%
- 5-year price change: +25.2%
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9 / 17#9. Cooper, MI
- Typical home value: $281,137
- 1-year price change: +5.6%
- 5-year price change: +27.9%
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10 / 17#8. Vicksburg, MI
- Typical home value: $285,422
- 1-year price change: +4.6%
- 5-year price change: +22.9%
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11 / 17#7. Portage, MI
- Typical home value: $300,324
- 1-year price change: +5.0%
- 5-year price change: +23.9%
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12 / 17#6. Scotts, MI
- Typical home value: $326,033
- 1-year price change: +4.1%
- 5-year price change: +27.5%
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13 / 17#5. Augusta, MI
- Typical home value: $335,495
- 1-year price change: +4.4%
- 5-year price change: +25.0%
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14 / 17#4. Schoolcraft, MI
- Typical home value: $355,438
- 1-year price change: +4.2%
- 5-year price change: +27.0%
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15 / 17#3. Mattawan, MI
- Typical home value: $358,995
- 1-year price change: +2.5%
- 5-year price change: +19.7%
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16 / 17#2. Richland, MI
- Typical home value: $382,790
- 1-year price change: +3.1%
- 5-year price change: +19.9%
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17 / 17#1. Hickory Corners, MI
- Typical home value: $392,749
- 1-year price change: +2.3%
- 5-year price change: +12.8%
