How much house does $500,000 buy you in Kalamazoo?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Kalamazoo?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Kalamazoo right now. Listings below $500,000 were included if necessary.
4186 Vanderbilt Ave, Portage, MI 49024
- Price: $499,900
- 5 bedrooms, 4.5 bathrooms
- Square feet: 2,147
- See 4186 Vanderbilt Ave, Portage, MI 49024 on Redfin.com
5825 Saddle Club Dr, Kalamazoo, MI 49009
- Price: $500,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,750
- See 5825 Saddle Club Dr, Kalamazoo, MI 49009 on Redfin.com
5661 Attleberry Ave, Kalamazoo, MI 49009
- Price: $498,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,514
- See 5661 Attleberry Ave, Kalamazoo, MI 49009 on Redfin.com
7620 Stablebrook Cir, Kalamazoo, MI 49009
- Price: $487,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,626
- See 7620 Stablebrook Cir, Kalamazoo, MI 49009 on Redfin.com
10785 Schuur St, Portage, MI 49024
- Price: $469,999
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,013
- See 10785 Schuur St, Portage, MI 49024 on Redfin.com
10921 E De Ave, Richland, MI 49083
- Price: $485,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,890
- See 10921 E De Ave, Richland, MI 49083 on Redfin.com
7542 Northport Ave, Kalamazoo, MI 49009
- Price: $480,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,243
- See 7542 Northport Ave, Kalamazoo, MI 49009 on Redfin.com
1425 N 7Th St, Kalamazoo, MI 49009
- Price: $489,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,656
- See 1425 N 7Th St, Kalamazoo, MI 49009 on Redfin.com
6528 Douglas Ave, Kalamazoo, MI 49009
- Price: $459,900
- 4 bedrooms, 3 bathrooms
- Square feet: 1,968
- See 6528 Douglas Ave, Kalamazoo, MI 49009 on Redfin.com
5353 Chickadee Dr, Kalamazoo, MI 49009
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,030
- See 5353 Chickadee Dr, Kalamazoo, MI 49009 on Redfin.com
6290 Liteolier St, Portage, MI 49024
- Price: $477,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,728
- See 6290 Liteolier St, Portage, MI 49024 on Redfin.com
6309 Maple Leaf Ave, Kalamazoo, MI 49009
- Price: $475,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,652
- See 6309 Maple Leaf Ave, Kalamazoo, MI 49009 on Redfin.com
7875 Port Hope Dr, Kalamazoo, MI 49009
- Price: $489,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,550
- See 7875 Port Hope Dr, Kalamazoo, MI 49009 on Redfin.com
5589 Paxton Ct, Portage, MI 49024
- Price: $459,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,393
- See 5589 Paxton Ct, Portage, MI 49024 on Redfin.com
3384 Hanford Ln, Kalamazoo, MI 49009
- Price: $460,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,842
- See 3384 Hanford Ln, Kalamazoo, MI 49009 on Redfin.com
4405 S 29Th St, Kalamazoo, MI 49048
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 4,080
- See 4405 S 29Th St, Kalamazoo, MI 49048 on Redfin.com
5831 Stadium Dr, Kalamazoo, MI 49009
- Price: $474,900
- 4 bedrooms, 1 bathroom
- Square feet: 1,263
- See 5831 Stadium Dr, Kalamazoo, MI 49009 on Redfin.com
4030 Katydid Ln, Kalamazoo, MI 49008
- Price: $490,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 4,633
- See 4030 Katydid Ln, Kalamazoo, MI 49008 on Redfin.com
2338 Glenwood Dr, Kalamazoo, MI 49008
- Price: $499,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 1,711
- See 2338 Glenwood Dr, Kalamazoo, MI 49008 on Redfin.com
4163 Corvo Trce, Kalamazoo, MI 49006
- Price: $469,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,987
- See 4163 Corvo Trce, Kalamazoo, MI 49006 on Redfin.com
4135 Corvo Trce, Kalamazoo, MI 49006
- Price: $459,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,871
- See 4135 Corvo Trce, Kalamazoo, MI 49006 on Redfin.com
13972 S 5Th St, Schoolcraft, MI 49087
- Price: $455,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,635
- See 13972 S 5Th St, Schoolcraft, MI 49087 on Redfin.com
8664 Long Lake Dr E, Scotts, MI 49088
- Price: $469,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,144
- See 8664 Long Lake Dr E, Scotts, MI 49088 on Redfin.com
14325 Bridgeview Pointe, Vicksburg, MI 49097
- Price: $465,500
- 2 bedrooms, 2 bathrooms
- Square feet: 1,513
- See 14325 Bridgeview Pointe, Vicksburg, MI 49097 on Redfin.com
14323 Bridgeview Pointe, Vicksburg, MI 49097
- Price: $469,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,500
- See 14323 Bridgeview Pointe, Vicksburg, MI 49097 on Redfin.com
5339 Harborview Pass, Kalamazoo, MI 49009
- Price: $498,875
- 2 bedrooms, 2 bathrooms
- Square feet: 1,447
- See 5339 Harborview Pass, Kalamazoo, MI 49009 on Redfin.com
2637 Piers End Ln, Kalamazoo, MI 49009
- Price: $495,810
- 2 bedrooms, 2 bathrooms
- Square feet: 1,386
- See 2637 Piers End Ln, Kalamazoo, MI 49009 on Redfin.com
729 Chloe Jane Ave, Portage, MI 49024
- Price: $480,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,380
- See 729 Chloe Jane Ave, Portage, MI 49024 on Redfin.com
5007 S 42Nd St, Climax, MI 49034
- Price: $494,900
- 2 bedrooms, 1.5 bathrooms
- Square feet: 1,408
- See 5007 S 42Nd St, Climax, MI 49034 on Redfin.com
9048 Long Lake Dr E, Scotts, MI 49088
- Price: $485,000
- 2 bedrooms, 1 bathroom
- Square feet: 856
- See 9048 Long Lake Dr E, Scotts, MI 49088 on Redfin.com
