The story of this market
The typical home in ZIP 49040 sells for about $245,000, or $148 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $791 a month.
ZIP 49040 — Colon
The housing market in 49040 remains stable with modest year-over-year price appreciation. Inventory levels are tight, keeping days on market relatively low for the area. Demand is driven primarily by local buyers seeking single-family homes.
Median prices moved up 2.1% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 11.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49040, Kalamazoo County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data retrieved from data.census.gov ZCTA 49040 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Adventure Zone4.514.1 mi
- St Joseph County Grange Fair4.39.9 mi
- Adventure Zone4.514.1 mi
- Presidential Brewing Company4.619.9 mi
- Lakeview Park4.619 mi
- Main Street Smokehouse4.56.8 mi
- Alligator Sanctuary4.810.4 mi
- Bronson Strike Zone4.210.2 mi
- Plumb Lake County Park4.510.8 mi
- Trojan Timbers Park4.611.5 mi
- Rawson's King Mill County Park4.84.6 mi
- Langley Covered Bridge Historic Site4.810 mi
- Little River Railroad4.517.1 mi
- Children's Museum of Branch County4.717.1 mi
- Tibbits Opera House4.717 mi
- Vicksburg Historic Village4.614.9 mi
- Plumb Lake County Park4.510.8 mi
- Trojan Timbers Park4.611.5 mi
- Rawson's King Mill County Park4.84.6 mi
- Sand Lake County Park4.56.8 mi
- Covered Bridge Park4.610.4 mi
- Harbor Cove RV Resort4.215.7 mi
- Island Hills Golf Club4.39.5 mi
- St Joe Valley Golf Club4.67.6 mi
- Yoder's Country Market4.89.6 mi
- Dollar General410 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Primary public school district serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.