KALAMAZOO - PORTAGE Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Kalamazoo - Portage averaged 6.77% for the week of 2024-02-22, compared to the national average of 6.9% for the same period.

The average rate for the prior week (2024-02-15) was 6.54% and one month ago for the week of 2024-01-18, the average rate was 6.57%.

Kalamazoo - Portage's average rate one year ago was 6.42%.

For refis of the same type during the week of 2024-02-22, the average rate was 5.94%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-22 6.9%
Kalamazoo - Portage 30 Year Fixed Rate 2024-02-22 6.77%
Kalamazoo - Portage 30 Year Fixed Rate Refi 2024-02-22 5.94%
Kalamazoo - Portage 15 Year Fixed Rate 2024-02-22 6.73%
Kalamazoo - Portage 15 Year Fixed Rate Refi 2024-02-22 5.1%
Kalamazoo - Portage 30 Year FHA 2024-02-22 -0.13%
Kalamazoo - Portage 30 Year FHA Refi 2024-02-22 0%
Kalamazoo - Portage 30 Year USDA 2024-02-22 -0.2%
Kalamazoo - Portage 30 Year USDA Refi 2024-02-22 -0.1%
Kalamazoo - Portage 30 Year VA 2024-02-22 -0.18%
Kalamazoo - Portage 30 Year VA Refi 2024-02-22 0%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within KALAMAZOO-PORTAGE, MI.

KALAMAZOO - PORTAGE Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the KALAMAZOO-PORTAGE, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
CONSUMERS 463 5.31% $3,006
LAKE MICHIGAN CREDIT UNION 331 4.60% $3,389
QUICKEN LOANS, LLC 172 5.05% $5,760
MORTGAGE CENTER L.C 169 4.46% $2,557
AMERIFIRST FINANCIAL CORPORATION 149 5.20% $4,484
ARBOR FINANCIAL CREDIT UNION 146 5.08% $3,647
UNITED WHOLESALE MORTGAGE, LLC 130 5.27% $4,894
PRIMELENDING, A PLAINSCAPITAL COMPANY 103 5.48% $3,909
Fifth Third Bank 92 5.04% $3,427
SUCCESS MORTGAGE PARTNERS, INC. 77 5.27% $6,362
Horizon Bank 59 5.22% $3,525
Flagstar Bank, FSB 52 5.17% $3,473
JPMorgan Chase Bank 48 4.83% $3,070
The Huntington National Bank 45 4.51% $3,854
Mercantile Bank of Michigan 42 4.87% $3,595
SUMMIT HOME MORTGAGE, LLC 41 5.18% $4,256
Kellogg Community Credit Union 41 4.77% $2,579
OAK MORTGAGE, LLC 37 5.18% $3,571
Pacor Mortgage Corp 33 4.85% $3,583
Northpointe Bank 32 4.92% $4,426
Honor Credit Union 31 4.50% $2,798
PNC Bank 28 5.04% $3,133
Wells Fargo Bank 25 4.79% $3,197
Mr. Cooper ( Nationstar Mortgage ) 23 5.10% $6,676
RUOFF MORTGAGE COMPANY, INC. 20 5.14% $3,496
Independent Bank 20 5.29% $4,202
GVC MORTGAGE, INC. 19 5.72% $5,273
CALIBER HOME LOANS, INC. 19 4.74% $3,981
OMNI Community Credit Union 19 4.95% $3,703
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 17 4.96% $3,597
Neighborhood Loans, Inc. 17 5.81% $5,882
UNION HOME MORTGAGE CORP. 15 5.20% $3,661
CONTOUR MORTGAGE CORPORATION 15 5.58% $6,918
Old National Bank 14 4.97% $2,317
VAN DYK MORTGAGE CORPORATION 14 5.01% $3,154
KALSEE CREDIT UNION 13 5.67% $3,202
GUARANTEED RATE, INC. 13 5.29% $4,800
AMERISAVE MORTGAGE CORPORATION 12 3.92% $6,670
Hometown Lenders, Inc. 12 4.63% $5,438
HOME POINT FINANCIAL CORPORATION 12 4.79% $4,719
ARK-LA-TEX FINANCIAL SERVICES, LLC. 12 5.36% $4,420
FREEDOM MORTGAGE CORPORATION 12 5.24% $4,028
CROSSCOUNTRY MORTGAGE, LLC 12 5.32% $5,475
CHURCHILL MORTGAGE CORPORATION 11 5.20% $3,445
Citizens Bank 10 5.29% $4,240
U.S. Bank 10 4.44% $2,999
MICHIGAN MUTUAL, INC. 10 5.14% $4,567
1st Source Bank 10 3.84% $3,173
MORTGAGE 1 INCORPORATED 9 5.79% $3,955
LOANDEPOT.COM, LLC 9 4.78% $4,695
Bank of America 8 4.61% $3,637
MUTUAL OF OMAHA MORTGAGE, INC. 8 4.75% $5,364
Carrington Mortgage Services, LLC 8 5.34% $7,166
NAVY FEDERAL CREDIT UNION 7 4.79% $2,089
Southern Michigan Bank & Trust 7 4.86% $2,712
MICHIGAN FIRST CREDIT UNION 7 4.11% $3,691
EVERETT FINANCIAL, INC. 7 5.02% $1,962
PREMIA MORTGAGE, LLC 7 5.98% $1,939
BETTER MORTGAGE CORPORATION 6 3.73% $3,813
CARDINAL FINANCIAL 6 4.48% $3,493
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 4.89% $2,158
Morgan Stanley Private Bank 6 3.99% $3,534
UNITED 5 4.68% $5,516
NORTHERN MORTGAGE SERVICES, LLC 5 4.85% $4,111
CHERRY CREEK MORTGAGE, LLC 5 4.85% $525
TOP FLITE FINANCIAL, INC. 5 4.33% $4,882
BROKER SOLUTIONS, INC. 5 5.25% $5,205
NEWREZ LLC 4 4.75% $4,214
ZILLOW HOME LOANS, LLC 4 5.81% $5,053
The Dart Bank 4 5.06% $3,390
MEMBER FIRST MORTGAGE, LLC 4 5.16% $2,925
USAA Federal Savings Bank 4 5.09% $3,666
Ally Bank 4 4.78% $3,913
PENNYMAC LOAN SERVICES, LLC 4 5.34% $3,952
M&T Bank 4 4.56% $4,050
Comerica Bank 4 6.34% $2,976
Stifel Bank and Trust 3 3.50% $2,094
ANGEL OAK HOME LOANS LLC 3 4.38% $3,793
KELLER MORTGAGE, LLC 3 4.25% $2,866
GreenStone Farm Credit Services, FLCA 3 5.37% $8,493
Notre Dame Federal Credit Union Corporation 3 4.25% $6,436
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 5.19% $4,439
THE MORTGAGE FIRM, INC. 2 5.88% $5,920
County National Bank 2 4.38% $4,021
First Merchants Bank 2 5.06% $2,976
Chicago Mortgage Solutions LLC 2 2.68% $2,133
LAKEVIEW LOAN SERVICING, LLC 2 5.13% $2,954
First Guaranty Mortgage Corporation 2 3.69% $6,792
INLANTA MORTGAGE, INC. 2 4.88% $2,860
United Bank of Michigan 2 5.50% $2,810
CITIZENS EQUITY FIRST 2 5.06% $2,438
UNIVERSITY LENDING GROUP, LLC 2 5.13% $4,141
Barrington Bank & Trust Company, N.A. 2 5.13% $3,104
PFCU 2 4.44% $3,829
ALLIED MORTGAGE GROUP, INC. 2 6.50% $4,438
ACADEMY MORTGAGE CORPORATION 2 5.31% $5,827
FirstBank 2 4.69% $2,700
MARSHALL COMMUNITY CREDIT UNION 2 5.81% $2,714
STAUNTON FINANCIAL, INC. 2 5.13% $4,098
Austin Capital Bank SSB 1 5.99% $3,867
ONY GLO, INC. 1 4.50% $4,257
Associated Bank 1 4.88% $6,965
Paramount Residential Mortgage Group, Inc. 1 7.38% $6,207
PENTAGON FEDERAL CREDIT UNION 1 5.38% $1,240
Plains Commerce Bank 1 6.25% $2,469
Arvest Bank 1 4.25% $5,629
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 9.75% $4,656
PROPER RATE, LLC 1 6.00% $3,272
Prosperity Home Mortgage, LLC 1 5.88% $2,850
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.75% $3,651
RELIANCE FIRST CAPITAL, LLC 1 5.75% $9,744
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 4.13% $3,841
ROYAL UNITED MORTGAGE LLC 1 5.63% $5,935
AmeriHome Mortgage Company, LLC 1 3.75% $5,327
STAR ONE CREDIT UNION 1 4.88% $2,153
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.50% $3,911
AMERICAN INTERNET MORTGAGE, INC. 1 3.13% $2,411
Sunflower Bank 1 4.63% $6,654
TEACHERS CREDIT UNION 1 3.38% $1,934
AMERICAN FINANCING CORPORATION 1 3.88% $4,383
The Loan Store, Inc. 1 3.75% $2,543
Truist 1 3.30% $2,801
UIF CORPORATION 1 5.50% $2,834
UMB Bank 1 4.53% $1,853
AMERICAN FINANCE HOUSE LARIBA 1 6.00% $4,265
UNIVERSITY OF MICHIGAN CREDIT UNION 1 5.25% $2,562
AAC Credit Union 1 6.13% $2,673
Wyndham Capital Mortgage, Inc. 1 5.25% $3,095
DOW CHEMICAL EMPLOYEES' 1 6.50% $2,612
Bankers Trust Company 1 5.75% $2,186
Discover Bank 1 4.25% $0
FINANCE OF AMERICA MORTGAGE LLC 1 4.25% $4,033
First Bank 1 4.88% $2,776
First Farmers Bank and Trust Company 1 3.75% $3,369
First Federal Bank of the Midwest 1 5.00% $2,688
First Federal Savings Bank 1 5.38% $2,888
First Federal Savings Bank 1 7.00% $2,868
First Financial Bank 1 5.50% $2,775
First National Bank of America 1 7.13% $5,616
First State Bank 1 4.44% $2,497
Dearborn Federal Savings Bank 1 4.50% $2,168
Frankenmuth Credit Union 1 5.50% $0
Cornerstone National Bank & Trust Company 1 4.50% $2,622
GUILD MORTGAGE COMPANY 1 5.50% $5,801
Core Bank 1 3.75% $3,888
HANCOCK MORTGAGE PARTNERS, LLC 1 6.63% $8,620
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.00% $5,208
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.99% $3,212
Community West Credit Union 1 3.13% $2,519
HOMESIDE FINANCIAL, LLC 1 5.63% $4,057
COMMUNITY FINANCIAL CREDIT UNION 1 5.38% $3,250
COMMUNITYAMERICA 1 4.75% $2,536
IMPAC MORTGAGE CORP. 1 4.75% $3,218
Ixonia Bank 1 4.38% $3,122
ChoiceOne Bank 1 4.25% $2,726
KeyBank 1 4.63% $2,901
Key Mortgage Services, Inc. 1 5.00% $3,882
LAFCU 1 4.50% $3,557
Lakeview Community Capital, LLC 1 4.25% $916
LEGEND LENDING CORPORATION 1 7.00% $6,157
Macatawa Bank 1 3.00% $2,978
CANOPY MORTGAGE, LLC 1 6.00% $4,465
MICHIGAN ONE COMMUNITY Credit Union 1 5.88% $2,348
MICHIGAN SCHOOLS AND GOVERNMENT 1 4.50% $2,595
MID AMERICA MORTGAGE, INC. 1 7.00% $3,994
MMS MORTGAGE SERVICES, LTD. 1 2.63% $9,679
MORIA DEVELOPMENT, INC. 1 3.63% $4,675
BMO Harris Bank 1 5.00% $11,117
BLG HOLDINGS, INC. 1 3.88% $4,475
Mortgage Research Center, LLC 1 4.50% $5,722
MOVEMENT MORTGAGE, LLC 1 6.38% $2,693
Nations Lending Corporation 1 3.63% $8,432
Baxter Credit Union 1 3.75% $3,205
NETWORK CAPITAL FUNDING CORPORATION 1 5.88% $4,028
North American Savings Bank, F.S.B. 1 3.75% $2,948
Northwest Bank 1 5.00% $4,301
Northwest Federal Credit Union 1 4.63% $1,772
EQUITY RESOURCES, INC. 1 5.63% $2,610

KALAMAZOO - PORTAGE Average Closing Costs & Other Stats

KALAMAZOO-PORTAGE, MI's 178 lenders originated 7,753 loans during 2022. The total origination value was $1,514,285,000, with an average loan value of $195,316.

KALAMAZOO - PORTAGE's average closing costs are $3,745.

The top KALAMAZOO - PORTAGE lender as defined by loan originations is CONSUMERS, with 463 loans originated. Their average total fees are $3,006, which is $383 lower than the next largest lender, LAKE MICHIGAN CREDIT UNION.

The lowest fee KALAMAZOO - PORTAGE lenders (with over 10 loans originated) are Old National Bank ($2,317), MORTGAGE CENTER L.C ($2,557), Kellogg Community Credit Union ($2,579), Honor Credit Union ($2,798) and U.S. Bank ($2,999).

The lowest rate KALAMAZOO - PORTAGE lenders (with over 10 loans originated) are 1st Source Bank (3.84%), AMERISAVE MORTGAGE CORPORATION (3.92%), U.S. Bank (4.44%), MORTGAGE CENTER L.C (4.46%) and Honor Credit Union (4.50%).

KALAMAZOO-PORTAGE, MI Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
CONSUMERS $236,410,000 $157,660,000 -33.3% 10.4%
LAKE MICHIGAN CREDIT UNION $244,705,000 $147,715,000 -39.6% 9.8%
ARBOR FINANCIAL CREDIT UNION $135,600,000 $100,775,000 -25.7% 6.7%
QUICKEN LOANS, LLC $173,990,000 $67,310,000 -61.3% 4.4%
Fifth Third Bank $98,000,000 $57,960,000 -40.9% 3.8%
UNITED WHOLESALE MORTGAGE, LLC $81,255,000 $49,725,000 -38.8% 3.3%
Southern Michigan Bank & Trust $13,220,000 $48,310,000 265.4% 3.2%
Old National Bank $29,210,000 $48,195,000 65.0% 3.2%
AMERIFIRST FINANCIAL CORPORATION $70,270,000 $46,665,000 -33.6% 3.1%
Horizon Bank $49,770,000 $44,145,000 -11.3% 2.9%
ADVIA $23,880,000 $42,315,000 77.2% 2.8%
MORTGAGE CENTER L.C $66,285,000 $39,585,000 -40.3% 2.6%
SUCCESS MORTGAGE PARTNERS, INC. $55,005,000 $32,490,000 -40.9% 2.1%
Honor Credit Union $36,230,000 $28,690,000 -20.8% 1.9%
The Huntington National Bank $72,430,000 $28,120,000 -61.2% 1.9%
PRIMELENDING, A PLAINSCAPITAL COMPANY $38,500,000 $27,535,000 -28.5% 1.8%
Mercantile Bank of Michigan $28,210,000 $27,240,000 -3.4% 1.8%
PNC Bank $47,425,000 $26,505,000 -44.1% 1.8%
Kellogg Community Credit Union $27,230,000 $18,745,000 -31.2% 1.2%
Flagstar Bank, FSB $24,990,000 $17,595,000 -29.6% 1.2%
JPMorgan Chase Bank $35,440,000 $17,400,000 -50.9% 1.1%
WALKER & DUNLOP, LLC $31,155,000 $17,110,000 -45.1% 1.1%
Northpointe Bank $31,530,000 $12,575,000 -60.1% 0.8%
READYCAP COMMERCIAL, LLC $1,095,000 $11,755,000 973.5% 0.8%
Mortgage Research Center, LLC $17,350,000 $11,015,000 -36.5% 0.7%
Independent Bank $515,000 $11,005,000 2,036.9% 0.7%
SUMMIT HOME MORTGAGE, LLC $28,170,000 $10,830,000 -61.6% 0.7%
Capital One $10,825,000 n/a 0.7%
OAK MORTGAGE, LLC $16,055,000 $10,265,000 -36.1% 0.7%
KALSEE CREDIT UNION $22,370,000 $9,785,000 -56.3% 0.6%
Pacor Mortgage Corp $31,335,000 $9,675,000 -69.1% 0.6%
Wells Fargo Bank $22,485,000 $8,520,000 -62.1% 0.6%
Comerica Bank $8,560,000 $8,345,000 -2.5% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $14,615,000 $7,845,000 -46.3% 0.5%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $5,810,000 $7,565,000 30.2% 0.5%
FREEDOM MORTGAGE CORPORATION $23,540,000 $7,525,000 -68.0% 0.5%
CALIBER HOME LOANS, INC. $19,200,000 $7,520,000 -60.8% 0.5%
RUOFF MORTGAGE COMPANY, INC. $14,045,000 $6,800,000 -51.6% 0.4%
Grand River Bank $1,270,000 $6,290,000 395.3% 0.4%
GUARANTEED RATE, INC. $9,015,000 $6,195,000 -31.3% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $3,800,000 $6,160,000 62.1% 0.4%
Neighborhood Loans, Inc. $5,805,000 $6,140,000 5.8% 0.4%
First National Bank of America $165,000 $6,110,000 3,603.0% 0.4%
CONTOUR MORTGAGE CORPORATION $7,640,000 $6,040,000 -20.9% 0.4%
Sturgis Bank & Trust Company $2,360,000 $5,690,000 141.1% 0.4%
NAVY FEDERAL CREDIT UNION $4,270,000 $5,665,000 32.7% 0.4%
Union Bank $5,495,000 n/a 0.4%
GVC MORTGAGE, INC. $2,200,000 $5,455,000 148.0% 0.4%
OMNI Community Credit Union $6,700,000 $5,315,000 -20.7% 0.4%
Citizens Bank $10,460,000 $5,210,000 -50.2% 0.3%
Hometown Lenders, Inc. $4,855,000 $5,065,000 4.3% 0.3%
21ST MORTGAGE CORPORATION $3,935,000 $4,930,000 25.3% 0.3%
AMERISAVE MORTGAGE CORPORATION $11,215,000 $4,830,000 -56.9% 0.3%
MICHIGAN FIRST CREDIT UNION $685,000 $4,740,000 592.0% 0.3%
LOANDEPOT.COM, LLC $15,795,000 $4,640,000 -70.6% 0.3%
MORTGAGE 1 INCORPORATED $9,560,000 $4,470,000 -53.2% 0.3%
HOME POINT FINANCIAL CORPORATION $11,440,000 $4,275,000 -62.6% 0.3%
VAN DYK MORTGAGE CORPORATION $1,420,000 $4,275,000 201.1% 0.3%
1st Source Bank $29,885,000 $4,210,000 -85.9% 0.3%
PENNYMAC LOAN SERVICES, LLC $9,815,000 $4,195,000 -57.3% 0.3%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $35,630,000 $4,085,000 -88.5% 0.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $6,350,000 $4,065,000 -36.0% 0.3%
NEWREZ LLC $13,810,000 $3,910,000 -71.7% 0.3%
Carrington Mortgage Services, LLC $2,465,000 $3,765,000 52.7% 0.2%
The Farmers & Merchants State Bank $3,745,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $7,775,000 $3,515,000 -54.8% 0.2%
Bank of America $7,775,000 $3,370,000 -56.7% 0.2%
Morgan Stanley Private Bank $1,280,000 $3,360,000 162.5% 0.2%
LENDINGHOME FUNDING CORPORATION $2,440,000 $3,245,000 33.0% 0.2%
GreenStone Farm Credit Services, FLCA $3,900,000 $3,160,000 -19.0% 0.2%
U.S. Bank $1,665,000 $3,160,000 89.8% 0.2%
USAA Federal Savings Bank $3,610,000 $3,155,000 -12.6% 0.2%
MICHIGAN MUTUAL, INC. $1,880,000 $3,040,000 61.7% 0.2%
CHURCHILL MORTGAGE CORPORATION $4,130,000 $2,945,000 -28.7% 0.2%
Macatawa Bank $225,000 $2,835,000 1,160.0% 0.2%
BMO Harris Bank $675,000 $2,475,000 266.7% 0.2%
FINANCE OF AMERICA MORTGAGE LLC $4,625,000 $2,425,000 -47.6% 0.2%
EVERETT FINANCIAL, INC. $830,000 $2,380,000 186.7% 0.2%
PREMIA MORTGAGE, LLC $4,050,000 $2,285,000 -43.6% 0.2%
UNITED $4,070,000 $2,255,000 -44.6% 0.1%
LIMA ONE CAPITAL, LLC $920,000 $2,205,000 139.7% 0.1%
BROKER SOLUTIONS, INC. $6,065,000 $2,125,000 -65.0% 0.1%
LAKEVIEW LOAN SERVICING, LLC $4,830,000 $2,055,000 -57.5% 0.1%
BETTER MORTGAGE CORPORATION $12,260,000 $1,895,000 -84.5% 0.1%
CHERRY CREEK MORTGAGE, LLC $2,450,000 $1,835,000 -25.1% 0.1%
County National Bank $1,180,000 $1,770,000 50.0% 0.1%
Ally Bank $6,075,000 $1,735,000 -71.4% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,780,000 $1,735,000 -2.5% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $4,105,000 $1,700,000 -58.6% 0.1%
Chicago Mortgage Solutions LLC $3,765,000 $1,625,000 -56.8% 0.1%
TOP FLITE FINANCIAL, INC. $1,220,000 $1,610,000 32.0% 0.1%
TRIAD FINANCIAL SERVICES, INC. $1,795,000 $1,565,000 -12.8% 0.1%
The Dart Bank $3,225,000 $1,560,000 -51.6% 0.1%
NORTHERN MORTGAGE SERVICES, LLC $2,305,000 $1,485,000 -35.6% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $2,615,000 $1,470,000 -43.8% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $8,100,000 $1,350,000 -83.3% 0.1%
M&T Bank $550,000 $1,290,000 134.5% 0.1%
NEW DAY FINANCIAL, LLC $3,195,000 $1,270,000 -60.3% 0.1%
Notre Dame Federal Credit Union Corporation $285,000 $1,260,000 342.1% 0.1%
PENTAGON FEDERAL CREDIT UNION $2,015,000 $1,140,000 -43.4% 0.1%
AMERICAN FINANCING CORPORATION $895,000 $1,120,000 25.1% 0.1%
MEMBER FIRST MORTGAGE, LLC $1,505,000 $1,065,000 -29.2% 0.1%
MARSHALL COMMUNITY CREDIT UNION $4,565,000 $985,000 -78.4% 0.1%
North American Savings Bank, F.S.B. $1,135,000 $975,000 -14.1% 0.1%
First Merchants Bank $935,000 n/a 0.1%
KELLER MORTGAGE, LLC $1,050,000 $920,000 -12.4% 0.1%
Southern Bank $1,155,000 $915,000 -20.8% 0.1%
PLANET HOME LENDING, LLC $460,000 $855,000 85.9% 0.1%
Barrington Bank & Trust Company, N.A. $2,020,000 $835,000 -58.7% 0.1%
Figure Lending LLC $745,000 $820,000 10.1% 0.1%
United Bay Community Credit Union $1,750,000 $820,000 -53.1% 0.1%
KeyBank $3,195,000 $800,000 -75.0% 0.1%
INLANTA MORTGAGE, INC. $3,440,000 $790,000 -77.0% 0.1%
DOW CHEMICAL EMPLOYEES' $1,245,000 $780,000 -37.3% 0.1%
Discover Bank $530,000 $775,000 46.2% 0.1%
FirstBank $1,860,000 $770,000 -58.6% 0.1%
STAUNTON FINANCIAL, INC. $1,675,000 $750,000 -55.2% 0.0%
HOMESIDE FINANCIAL, LLC $2,485,000 $745,000 -70.0% 0.0%
FINANCIAL PLUS CREDIT UNION $710,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,625,000 $700,000 -56.9% 0.0%
Northwest Bank $175,000 $685,000 291.4% 0.0%
AMERICAN ADVISORS GROUP $230,000 $655,000 184.8% 0.0%
Citibank $1,340,000 $655,000 -51.1% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $1,000,000 $650,000 -35.0% 0.0%
First Farmers Bank and Trust Company $645,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $630,000 n/a 0.0%
First Guaranty Mortgage Corporation $2,800,000 $630,000 -77.5% 0.0%
ZILLOW HOME LOANS, LLC $1,010,000 $630,000 -37.6% 0.0%
CMG MORTGAGE, INC. $605,000 n/a 0.0%
Nations Lending Corporation $605,000 $600,000 -0.8% 0.0%
United Bank of Michigan $6,520,000 $585,000 -91.0% 0.0%
RELIANCE FIRST CAPITAL, LLC $810,000 $580,000 -28.4% 0.0%
Platinum Home Mortgage Corporation $225,000 $560,000 148.9% 0.0%
ROSS MORTGAGE CORPORATION $390,000 $550,000 41.0% 0.0%
First Savings Bank $520,000 n/a 0.0%
PFCU $510,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $300,000 $500,000 66.7% 0.0%
Plains Commerce Bank $785,000 $500,000 -36.3% 0.0%
ROYAL UNITED MORTGAGE LLC $1,845,000 $500,000 -72.9% 0.0%
LAFCU $165,000 $490,000 197.0% 0.0%
SPRING EQ, LLC $480,000 $490,000 2.1% 0.0%
LOANPAL, LLC $660,000 $485,000 -26.5% 0.0%
Lakeview Community Capital, LLC $650,000 $475,000 -26.9% 0.0%
Key Mortgage Services, Inc. $375,000 $465,000 24.0% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $520,000 $455,000 -12.5% 0.0%
PREFERRED CREDIT UNION $830,000 $445,000 -46.4% 0.0%
ACADEMY MORTGAGE CORPORATION $515,000 $440,000 -14.6% 0.0%
Equity Prime Mortgage LLC $225,000 $425,000 88.9% 0.0%
Highpoint Community Bank $770,000 $425,000 -44.8% 0.0%
CITIZENS EQUITY FIRST $420,000 n/a 0.0%
Cornerstone National Bank & Trust Company $405,000 n/a 0.0%
Stifel Bank and Trust $680,000 $405,000 -40.4% 0.0%
Austin Capital Bank SSB $400,000 n/a 0.0%
ChoiceOne Bank $1,520,000 $395,000 -74.0% 0.0%
MID AMERICA MORTGAGE, INC. $1,670,000 $390,000 -76.6% 0.0%
HomePromise Corporation $385,000 n/a 0.0%
Hometown Equity Mortgage, LLC $915,000 $385,000 -57.9% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $470,000 $380,000 -19.1% 0.0%
THE MORTGAGE FIRM, INC. $380,000 n/a 0.0%
GUIDANCE RESIDENTIAL, LLC $580,000 $375,000 -35.3% 0.0%
UNIVERSITY LENDING GROUP, LLC $1,315,000 $375,000 -71.5% 0.0%
UIF CORPORATION $1,030,000 $360,000 -65.0% 0.0%
The Federal Savings Bank $700,000 $355,000 -49.3% 0.0%
American Airlines Federal Credit Union $350,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $345,000 $345,000 0.0% 0.0%
Baxter Credit Union $410,000 $335,000 -18.3% 0.0%
ENVOY MORTGAGE, LTD $235,000 $325,000 38.3% 0.0%
RESIDENTIAL BANCORP. $645,000 $325,000 -49.6% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $175,000 $320,000 82.9% 0.0%
ANGEL OAK HOME LOANS LLC $315,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $675,000 $310,000 -54.1% 0.0%
MOVEMENT MORTGAGE, LLC $1,565,000 $310,000 -80.2% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $350,000 $310,000 -11.4% 0.0%
Paramount Residential Mortgage Group, Inc. $905,000 $310,000 -65.7% 0.0%
AMERICAN FINANCE HOUSE LARIBA $305,000 n/a 0.0%
LEGEND LENDING CORPORATION $305,000 n/a 0.0%
Prosperity Home Mortgage, LLC $285,000 n/a 0.0%
Core Bank $275,000 n/a 0.0%
First Federal Savings Bank $275,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $2,235,000 $270,000 -87.9% 0.0%
AAC Credit Union $125,000 $265,000 112.0% 0.0%
COMMUNITYAMERICA $265,000 n/a 0.0%
Centier Bank $695,000 $260,000 -62.6% 0.0%
BLG HOLDINGS, INC. $440,000 $255,000 -42.0% 0.0%
GEORGIA'S OWN $255,000 n/a 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $85,000 $255,000 200.0% 0.0%
Magnolia Bank $255,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $255,000 n/a 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $255,000 n/a 0.0%
Bankers Trust Company $245,000 n/a 0.0%
COMMUNITY FINANCIAL CREDIT UNION $245,000 n/a 0.0%
GreenStone Farm Credit Services, ACA $25,000 $245,000 880.0% 0.0%
HANCOCK MORTGAGE PARTNERS, LLC $85,000 $245,000 188.2% 0.0%
Low VA Rates, LLC $730,000 $245,000 -66.4% 0.0%
First State Bank $235,000 n/a 0.0%
GUILD MORTGAGE COMPANY $235,000 n/a 0.0%
Arvest Bank $230,000 n/a 0.0%
MICHIGAN SCHOOLS AND GOVERNMENT $945,000 $225,000 -76.2% 0.0%
MORTGAGE ACCESS CORP. $225,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $1,205,000 $225,000 -81.3% 0.0%
VILLAGE CAPITAL MORTGAGE $3,980,000 $220,000 -94.5% 0.0%
Frankenmuth Credit Union $245,000 $215,000 -12.2% 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $215,000 n/a 0.0%
STAR ONE CREDIT UNION $215,000 n/a 0.0%
UMB Bank $215,000 n/a 0.0%
CREDIT UNION ONE $185,000 $210,000 13.5% 0.0%
ALLIANT CREDIT UNION $310,000 $205,000 -33.9% 0.0%
Dearborn Federal Savings Bank $205,000 n/a 0.0%
DIRECT MORTGAGE LOANS, LLC $205,000 n/a 0.0%
PROPER RATE, LLC $590,000 $205,000 -65.3% 0.0%
MMS MORTGAGE SERVICES, LTD. $1,155,000 $195,000 -83.1% 0.0%
TOWNE MORTGAGE COMPANY $85,000 $195,000 129.4% 0.0%
ALLIED MORTGAGE GROUP, INC. $460,000 $190,000 -58.7% 0.0%
IMPAC MORTGAGE CORP. $185,000 n/a 0.0%
MICHIGAN ONE COMMUNITY Credit Union $135,000 $185,000 37.0% 0.0%
Sunflower Bank $185,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $1,740,000 $185,000 -89.4% 0.0%
LENDINGONE, LLC $180,000 n/a 0.0%
Associated Bank $1,850,000 $175,000 -90.5% 0.0%
OCMBC, INC. $175,000 $175,000 0.0% 0.0%
Peoples Bank $125,000 $175,000 40.0% 0.0%
UNIVERSITY OF MICHIGAN CREDIT UNION $365,000 $170,000 -53.4% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $340,000 $165,000 -51.5% 0.0%
AmeriHome Mortgage Company, LLC $2,010,000 $165,000 -91.8% 0.0%
CANOPY MORTGAGE, LLC $470,000 $165,000 -64.9% 0.0%
First Bank $165,000 n/a 0.0%
Ixonia Bank $780,000 $165,000 -78.8% 0.0%
MORIA DEVELOPMENT, INC. $395,000 $165,000 -58.2% 0.0%
Northwest Federal Credit Union $165,000 n/a 0.0%
Truist $165,000 n/a 0.0%
COMMUNITY CHOICE CREDIT UNION $35,000 $155,000 342.9% 0.0%
MEMBERS FIRST Credit Union $490,000 $155,000 -68.4% 0.0%
First Financial Bank $135,000 $145,000 7.4% 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $335,000 $145,000 -56.7% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $145,000 n/a 0.0%
ON Q FINANCIAL, INC. $145,000 n/a 0.0%
ONY GLO, INC. $345,000 $145,000 -58.0% 0.0%
T2 FINANCIAL LLC $520,000 $145,000 -72.1% 0.0%
The Loan Store, Inc. $145,000 n/a 0.0%
Community West Credit Union $125,000 $125,000 0.0% 0.0%
FINANCE OF AMERICA REVERSE LLC $45,000 $125,000 177.8% 0.0%
SOFI LENDING CORP. $745,000 $125,000 -83.2% 0.0%
Dort Financial Credit Union $115,000 n/a 0.0%
DFCU FINANCIAL $540,000 $110,000 -79.6% 0.0%
Lake Trust Credit Union $110,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $105,000 n/a 0.0%
FAY SERVICING, LLC $105,000 n/a 0.0%
HOWARD HANNA FINANCIAL SERVICES, INC. $105,000 n/a 0.0%
People Driven Credit Union $105,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $105,000 n/a 0.0%
AMCAP MORTGAGE, LTD. $95,000 n/a 0.0%
Consumers Professional Credit Union $95,000 n/a 0.0%
First Federal Bank of the Midwest $95,000 n/a 0.0%
GENEVA FINANCIAL, LLC $95,000 n/a 0.0%
GENISYS $7,210,000 $95,000 -98.7% 0.0%
HOMESITE MORTGAGE, LLC $95,000 n/a 0.0%
RBC Bank, (Georgia) $225,000 $95,000 -57.8% 0.0%
TEACHERS CREDIT UNION $655,000 $80,000 -87.8% 0.0%
TOWER $80,000 n/a 0.0%
Colonial Savings, F.A. $315,000 $75,000 -76.2% 0.0%
EQUITY RESOURCES, INC. $65,000 n/a 0.0%
PURDUE FEDERAL CREDIT UNION $215,000 $65,000 -69.8% 0.0%
Secured Investment Corp. $65,000 n/a 0.0%
First Federal Savings Bank $55,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $55,000 n/a 0.0%
TLC COMMUNITY Credit Union $145,000 $35,000 -75.9% 0.0%
BayCoast Bank $35,000 $25,000 -28.6% 0.0%
CoVantage Credit Union $25,000 n/a 0.0%

KALAMAZOO - PORTAGE's top lender by overall market share is CONSUMERS, with 10.4% market share. In second place, with 9.8%, is LAKE MICHIGAN CREDIT UNION, having originated $147,715,000 in loans. In third place, with 6.7%, is ARBOR FINANCIAL CREDIT UNION, having originated $100,775,000 in loans. In fourth place, with 4.4%, is QUICKEN LOANS, LLC, having originated $67,310,000 in loans. In fifth place, with 3.8%, is Fifth Third Bank, having originated $57,960,000 in loans.


KALAMAZOO - PORTAGE Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - KALAMAZOO - PORTAGE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $196,250 (-2.6%) $273,353 (-12.6%) 0.73 550
2018-02-01 $207,225 (-14.7%) $282,733 (-15.2%) 0.75 502
2018-03-01 $240,000 (-5.3%) $324,828 (-6.2%) 0.84 469
2018-04-01 $268,950 (-0.4%) $340,615 (-3.6%) 0.91 476
2018-05-01 $279,900 (9.8%) $340,016 (1.3%) 0.93 525
2018-06-01 $271,438 (13.1%) $335,724 (7.3%) 0.91 580
2018-07-01 $253,900 (6.2%) $319,044 (2.3%) 0.85 623
2018-08-01 $239,788 (6.6%) $305,604 (2.8%) 0.80 711
2018-09-01 $230,000 (7.0%) $292,621 (0.7%) 0.77 767
2018-10-01 $229,900 (7.0%) $290,430 (0.1%) 0.78 785
2018-11-01 $226,750 (13.4%) $293,993 (3.7%) 0.77 742
2018-12-01 $229,000 (14.6%) $294,054 (5.3%) 0.79 654
2019-01-01 $224,900 (14.6%) $294,463 (7.7%) 0.78 593
2019-02-01 $229,450 (10.7%) $307,876 (8.9%) 0.78 528
2019-03-01 $256,214 (6.8%) $330,046 (1.6%) 0.84 509
2019-04-01 $279,900 (4.1%) $350,467 (2.9%) 0.89 520
2019-05-01 $290,950 (4.0%) $358,659 (5.5%) 0.91 533
2019-06-01 $274,900 (1.3%) $353,251 (5.2%) 0.86 614
2019-07-01 $260,600 (2.6%) $338,074 (6.0%) 0.82 663
2019-08-01 $247,245 (3.1%) $326,168 (6.7%) 0.78 725
2019-09-01 $243,114 (5.7%) $317,702 (8.6%) 0.78 770
2019-10-01 $239,900 (4.4%) $310,276 (6.8%) 0.77 795
2019-11-01 $234,900 (3.6%) $299,324 (1.8%) 0.77 739
2019-12-01 $229,900 (0.4%) $297,442 (1.2%) 0.77 641
2020-01-01 $230,000 (2.3%) $302,260 (2.7%) 0.77 572
2020-02-01 $249,500 (8.7%) $308,496 (0.2%) 0.82 541
2020-03-01 $282,400 (10.2%) $339,719 (2.9%) 0.89 493
2020-04-01 $289,900 (3.6%) $345,670 (-1.4%) 0.91 490
2020-05-01 $299,953 (3.1%) $369,309 (3.0%) 0.91 501
2020-06-01 $312,975 (13.9%) $377,930 (7.0%) 0.92 483
2020-07-01 $297,700 (14.2%) $365,692 (8.2%) 0.86 471
2020-08-01 $297,250 (20.2%) $353,736 (8.5%) 0.85 446
2020-09-01 $289,894 (19.2%) $345,386 (8.7%) 0.83 421
2020-10-01 $299,000 (24.6%) $349,504 (12.6%) 0.86 395
2020-11-01 $301,975 (28.6%) $358,872 (19.9%) 0.88 369
2020-12-01 $296,740 (29.1%) $352,676 (18.6%) 0.88 321
2021-01-01 $284,900 (23.9%) $352,941 (16.8%) 0.85 263
2021-02-01 $307,500 (23.3%) $368,558 (19.5%) 0.90 226
2021-03-01 $325,725 (15.3%) $379,405 (11.7%) 0.92 213
2021-04-01 $333,423 (15.0%) $389,711 (12.7%) 0.90 212
2021-05-01 $338,950 (13.0%) $379,376 (2.7%) 0.90 234
2021-06-01 $314,950 (0.6%) $362,239 (-4.2%) 0.83 258
2021-07-01 $298,444 (0.3%) $349,615 (-4.4%) 0.79 298
2021-08-01 $293,475 (-1.3%) $358,530 (1.4%) 0.78 326
2021-09-01 $281,250 (-3.0%) $356,149 (3.1%) 0.75 328
2021-10-01 $279,900 (-6.4%) $361,308 (3.4%) 0.75 320
2021-11-01 $270,200 (-10.5%) $357,492 (-0.4%) 0.72 293
2021-12-01 $258,450 (-12.9%) $345,859 (-1.9%) 0.70 219
2022-01-01 $271,000 (-4.9%) $350,880 (-0.6%) 0.73 146
2022-02-01 $307,400 (0.0%) $366,488 (-0.6%) 0.80 146
2022-03-01 $299,700 (-8.0%) $369,024 (-2.7%) 0.75 152
2022-04-01 $329,000 (-1.3%) $399,888 (2.6%) 0.78 160
2022-05-01 $303,679 (-10.4%) $408,047 (7.6%) 0.69 209
2022-06-01 $325,250 (3.3%) $410,005 (13.2%) 0.72 254
2022-07-01 $305,000 (2.2%) $397,123 (13.6%) 0.69 316
2022-08-01 $290,000 (-1.2%) $379,051 (5.7%) 0.67 363
2022-09-01 $294,975 (4.9%) $376,837 (5.8%) 0.69 338
2022-10-01 $287,500 (2.7%) $373,887 (3.5%) 0.68 388
2022-11-01 $279,945 (3.6%) $359,967 (0.7%) 0.67 397
2022-12-01 $275,000 (6.4%) $357,273 (3.3%) 0.68 333
2023-01-01 $295,993 (9.2%) $381,584 (8.8%) 0.73 276
2023-02-01 $304,700 (-0.9%) $393,334 (7.3%) 0.74 252
2023-03-01 $294,500 (-1.7%) $396,431 (7.4%) 0.69 227
2023-04-01 $345,000 (4.9%) $444,260 (11.1%) 0.80 217
2023-05-01 $334,900 (10.3%) $429,679 (5.3%) 0.76 249
2023-06-01 $331,627 (2.0%) $421,615 (2.8%) 0.75 296
2023-07-01 $325,000 (6.6%) $419,765 (5.7%) 0.74 325
2023-08-01 $319,400 (10.1%) $401,881 (6.0%) 0.73 343
2023-09-01 $309,990 (5.1%) $401,560 (6.6%) 0.72 359
2023-10-01 $304,450 (5.9%) $387,580 (3.7%) 0.72 367
2023-11-01 $289,150 (3.3%) $372,489 (3.5%) 0.69 383
2023-12-01 $284,900 (3.6%) $373,529 (4.6%) 0.69 370
KALAMAZOO - PORTAGE's median listing price for 2023-12-01 was $284,900, a difference of $9,900 (3.6%) versus the prior year and $-4,250 versus the prior month.

KALAMAZOO - PORTAGE's median listing price comes in at 69% of the national average.

KALAMAZOO - PORTAGE's average listing price for 2023-12-01 was $373,529, a difference of $16,256 (4.6%) versus the prior year and $1,040 versus the prior month.

For the 2023-12-01 period, KALAMAZOO - PORTAGE had 370 MLS listings, a difference of -13 listings (-3%) versus the prior month and 37 listings (11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - KALAMAZOO - PORTAGE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 68 days 1,902 sqft
2018-02-01 61 days 1,951 sqft
2018-03-01 44 days 2,100 sqft
2018-04-01 38 days 2,253 sqft
2018-05-01 31 days 2,355 sqft
2018-06-01 32 days 2,291 sqft
2018-07-01 36 days 2,237 sqft
2018-08-01 32 days 2,139 sqft
2018-09-01 39 days 2,120 sqft
2018-10-01 45 days 2,049 sqft
2018-11-01 50 days 1,992 sqft
2018-12-01 59 days 2,012 sqft
2019-01-01 66 days 1,940 sqft
2019-02-01 57 days 1,922 sqft
2019-03-01 46 days 2,061 sqft
2019-04-01 36 days 2,180 sqft
2019-05-01 32 days 2,254 sqft
2019-06-01 31 days 2,218 sqft
2019-07-01 34 days 2,197 sqft
2019-08-01 39 days 2,119 sqft
2019-09-01 41 days 2,097 sqft
2019-10-01 42 days 2,076 sqft
2019-11-01 46 days 2,048 sqft
2019-12-01 62 days 2,002 sqft
2020-01-01 70 days 2,004 sqft
2020-02-01 62 days 1,983 sqft
2020-03-01 50 days 2,068 sqft
2020-04-01 56 days 2,084 sqft
2020-05-01 65 days 2,197 sqft
2020-06-01 44 days 2,304 sqft
2020-07-01 45 days 2,194 sqft
2020-08-01 46 days 2,230 sqft
2020-09-01 46 days 2,086 sqft
2020-10-01 44 days 2,075 sqft
2020-11-01 47 days 2,075 sqft
2020-12-01 55 days 2,060 sqft
2021-01-01 58 days 1,894 sqft
2021-02-01 51 days 1,876 sqft
2021-03-01 45 days 1,975 sqft
2021-04-01 38 days 1,996 sqft
2021-05-01 30 days 2,003 sqft
2021-06-01 33 days 2,047 sqft
2021-07-01 32 days 1,988 sqft
2021-08-01 34 days 2,014 sqft
2021-09-01 39 days 1,965 sqft
2021-10-01 39 days 1,904 sqft
2021-11-01 43 days 1,880 sqft
2021-12-01 48 days 1,770 sqft
2022-01-01 55 days 1,800 sqft
2022-02-01 33 days 1,834 sqft
2022-03-01 31 days 1,809 sqft
2022-04-01 32 days 1,811 sqft
2022-05-01 25 days 1,849 sqft
2022-06-01 28 days 1,894 sqft
2022-07-01 30 days 1,872 sqft
2022-08-01 33 days 1,936 sqft
2022-09-01 42 days 1,975 sqft
2022-10-01 39 days 1,902 sqft
2022-11-01 41 days 1,880 sqft
2022-12-01 54 days 1,794 sqft
2023-01-01 51 days 1,800 sqft
2023-02-01 42 days 1,780 sqft
2023-03-01 44 days 1,741 sqft
2023-04-01 44 days 1,860 sqft
2023-05-01 33 days 1,842 sqft
2023-06-01 33 days 1,835 sqft
2023-07-01 37 days 1,832 sqft
2023-08-01 35 days 1,851 sqft
2023-09-01 39 days 1,843 sqft
2023-10-01 43 days 1,827 sqft
2023-11-01 38 days 1,802 sqft
2023-12-01 49 days 1,782 sqft
KALAMAZOO - PORTAGE's median listing age (time on market) for 2023-12-01 was 49 days. This is -9% shorter than the same period one year ago.

KALAMAZOO - PORTAGE's median square footage for active listings during the 2023-12-01 period was 1,782 sqft. One year prior, the average listing was 1,794 sqft.

KALAMAZOO-PORTAGE, MI Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
49001 Kalamazoo-Portage, MI $600 $700 $860 $1,130 $1,230
49002 Kalamazoo-Portage, MI $560 $640 $800 $1,060 $1,140
49003 Kalamazoo-Portage, MI $620 $720 $890 $1,170 $1,270
49004 Kalamazoo-Portage, MI $680 $790 $980 $1,290 $1,400
49005 Kalamazoo-Portage, MI $620 $720 $890 $1,170 $1,270
49006 Kalamazoo-Portage, MI $600 $700 $860 $1,130 $1,230
49007 Kalamazoo-Portage, MI $600 $700 $860 $1,130 $1,230
49008 Kalamazoo-Portage, MI $580 $670 $830 $1,100 $1,180
49009 Kalamazoo-Portage, MI $660 $770 $950 $1,250 $1,350
49011 Kalamazoo-Portage, MI $650 $720 $910 $1,180 $1,280
49012 Kalamazoo-Portage, MI $590 $680 $840 $1,110 $1,200
49015 Kalamazoo-Portage, MI $680 $760 $950 $1,230 $1,340
49019 Kalamazoo-Portage, MI $620 $720 $890 $1,170 $1,270
49024 Kalamazoo-Portage, MI $680 $780 $970 $1,280 $1,380
49034 Kalamazoo-Portage, MI $560 $640 $800 $1,060 $1,140
49041 Kalamazoo-Portage, MI $620 $720 $890 $1,170 $1,270
49048 Kalamazoo-Portage, MI $610 $710 $880 $1,160 $1,250
49052 Kalamazoo-Portage, MI $560 $640 $800 $1,060 $1,140
49053 Kalamazoo-Portage, MI $560 $640 $800 $1,060 $1,140
49060 Kalamazoo-Portage, MI $720 $790 $980 $1,280 $1,390
49065 Kalamazoo-Portage, MI $620 $720 $890 $1,170 $1,260
49071 Kalamazoo-Portage, MI $680 $780 $970 $1,280 $1,380
49072 Kalamazoo-Portage, MI $620 $720 $890 $1,170 $1,270
49074 Kalamazoo-Portage, MI $560 $640 $800 $1,060 $1,140
49077 Kalamazoo-Portage, MI $620 $720 $890 $1,170 $1,270
49078 Kalamazoo-Portage, MI $580 $670 $830 $1,100 $1,180
49080 Kalamazoo-Portage, MI $600 $700 $860 $1,130 $1,230
49081 Kalamazoo-Portage, MI $620 $720 $890 $1,170 $1,270
49083 Kalamazoo-Portage, MI $560 $650 $800 $1,060 $1,140
49087 Kalamazoo-Portage, MI $560 $640 $800 $1,060 $1,140
49088 Kalamazoo-Portage, MI $840 $970 $1,200 $1,580 $1,710
49097 Kalamazoo-Portage, MI $580 $670 $830 $1,100 $1,180

2022 Average & Median Rent Data Statistics
KALAMAZOO-PORTAGE, MI average 1BR rent: $713, median: $715
KALAMAZOO-PORTAGE, MI average 2BR rent: $884, median: $885
KALAMAZOO-PORTAGE, MI average 3BR rent: $1,164, median: $1,165

KALAMAZOO-PORTAGE, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 3,535 $895,245,000 $253,252
Refi 1,339 $261,005,000 $194,925
Cash Out Refi 1,155 $212,725,000 $184,177
Home Improvement 1,028 $79,160,000 $77,004
Other 696 $66,150,000 $95,043

Kalamazoo - Portage's most frequently cited loan purpose was Home Purchase, with 3,535 originations. The 2nd most popular reason was Refi, with 1,339 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 1,857 $344,115,000 $185,307
3-4% 1,692 $348,750,000 $206,117
4-5% 1,689 $425,365,000 $251,844
6-7% 1,052 $171,090,000 $162,633
2.5-3% 565 $96,165,000 $170,204
7-8% 342 $36,780,000 $107,544
<2.5% 299 $49,805,000 $166,572
Over 8% 203 $14,025,000 $69,089

During 2022, Kalamazoo - Portage's most frequently originated rate bucket was 5-6%, with 1,857 originations.

Loan Sizing (KALAMAZOO-PORTAGE, MI MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,700 $394,000,000 $145,926
$100,000 or less 2,568 $140,520,000 $54,720
$200k-400k 1,999 $541,625,000 $270,948
$400k-600k 326 $153,440,000 $470,675
$600k-1000k 108 $77,950,000 $721,759
$Over $1MM 52 $206,750,000 $3,975,962

KALAMAZOO - PORTAGE's loan sizing saw the bucket of loans from $100k-200k with 2,700 originations, totaling $394,000,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,676 $672,030,000 $251,132
60-80% 1,966 $473,130,000 $240,656
Under 20% 1,078 $48,920,000 $45,380
20-40% 1,022 $90,550,000 $88,601
40-60% 885 $198,395,000 $224,175
Over 100% 37 $10,135,000 $273,919

KALAMAZOO - PORTAGE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,676 originations, totaling $672,030,000 in origination value.