The story of this market
The typical home in ZIP 49079 sells for about $320,000, or $169 per square foot.
Prices are up +7.3% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $859 a month.
ZIP 49079 — Paw Paw
The housing market in 49079 remains stable with moderate price appreciation and consistent demand from local buyers. While inventory remains tight, the market is supported by its affordability relative to the broader Kalamazoo-Portage metro area. Current conditions reflect a balanced environment for both buyers and sellers.
This ZIP is well-suited for family buyers and those seeking a small-town lifestyle with convenient access to the larger Kalamazoo-Portage employment hub.
Median prices moved up 7.3% year over year.
Homes spend a median of 39 days on market with 1.7 months of supply — a fast-moving market.
17% of listings have cut prices · homes sell at 98.7% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 11.8% — 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 9.0%/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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49079, Van Buren 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.
Schools serving the Paw Paw area are generally rated as average within the regional context.
The area is subject to standard Midwestern weather risks, including seasonal wind and storm events; flood risk is localized to specific low-lying areas near water bodies.
Economic momentum is driven by proximity to the Kalamazoo-Portage metro area, with local growth centered on small-town commercial development and agricultural support services.
Property taxes are assessed at the local level by Van Buren County and the township/city, subject to Michigan's Proposal A limitations on taxable value growth.
Residents primarily commute via I-94, providing a direct corridor to the Kalamazoo employment core, typically requiring 20-30 minutes of driving time.
The area features significant access to local lakes, including Maple Lake, as well as regional parks, trails, and a historic downtown district with local shopping and dining.
The rental market is characterized by moderate demand from local workers and students, with limited new multi-family inventory and stable vacancy rates.
The local economy is anchored by agricultural production, manufacturing, and service-sector jobs, with significant reliance on the broader Kalamazoo-Portage labor market.
Development is primarily focused on residential infill and small-scale commercial expansion within the village limits.
Parcels are subject to local school district taxes and county-wide millages for public services.
Property insurance premiums are stable, though coverage for wind and storm damage remains a standard consideration for homeowners.
Data retrieved from U.S. Census Bureau ZCTA-level tables.
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.
A central recreational feature in Paw Paw offering fishing and boating access.
Historic district featuring local businesses, restaurants, and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.