The story of this market
The typical home in ZIP 49087 sells for about $399,000, or $165 per square foot.
Prices are up +7.3% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,008 a month.
ZIP 49087 — Schoolcraft
The housing market in 49087 remains stable with a median sale price of $399,000, reflecting strong demand for single-family homes in the Schoolcraft area. Inventory remains tight, keeping the market competitive for buyers while supporting steady price appreciation. The area continues to benefit from its position within the broader Kalamazoo-Portage economic corridor.
This area is best suited for family buyers and those seeking a small-town atmosphere while maintaining access to the Kalamazoo employment hub.
Median prices moved up 7.3% year over year.
Homes spend a median of 36 days on market with 3.0 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 3.2% · poverty 5.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49087, 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.
Schoolcraft Community Schools serves the area, generally regarded as a stable district for the local population.
The area benefits from proximity to the Kalamazoo-Portage economic hub, with ongoing residential development in the Schoolcraft village area.
Property taxes are assessed at the county level; Schoolcraft parcels are subject to local school district millage rates in addition to standard county and township levies.
Residents primarily commute via US-131, providing a direct corridor north into the Kalamazoo-Portage employment core.
The area features local parks and proximity to rural recreational spaces, with basic shopping and dining concentrated in the village center.
The rental market is limited in depth, with low vacancy pressure and a mix of long-term residential rentals.
The economy is anchored by the broader Kalamazoo-Portage metropolitan area, featuring major employers in healthcare, education, and manufacturing.
The area is served by US-131, which acts as the primary transit artery for regional commuting.
Residential development continues in the village periphery, consistent with regional growth patterns.
Kalamazoo County assessments are managed by the county equalization department and local township assessors.
Parcels are served by Schoolcraft Community Schools and local utility districts.
Standard regional property insurance posture applies, with typical coverage for Midwestern weather events.
Michigan is a judicial foreclosure state with specific statutory redemption periods.
Michigan requires sellers to provide a written disclosure statement regarding the condition of the property.
Data retrieved from data.census.gov ZCTA 49087 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.
- Air Zoo Aerospace & Science Center4.88.6 mi
- Airway Fun Center4.59 mi
- Revel & Roll West4.310.6 mi
- Airborne Adventure Park - Kalamazoo, MI49.6 mi
- Kids Empire Kalamazoo4.812.5 mi
- Air Zoo Aerospace & Science Center4.88.6 mi
- Bell's Eccentric Cafe4.612.6 mi
- Wings Event Center4.410.7 mi
- Miller Auditorium4.711.2 mi
- Kalamazoo County Expo Center4.612 mi
- Airway Fun Center4.59 mi
- Celebration! Cinema4.57.4 mi
- One Well Brewing4.79.9 mi
- Revel & Roll West4.310.6 mi
- Kalamazoo Valley Museum4.712.4 mi
- Air Zoo Aerospace & Science Center4.88.6 mi
- Kalamazoo Valley Museum4.712.4 mi
- Kalamazoo Institute of Arts4.712.1 mi
- Rainbow Farms4.817.9 mi
- Air Zoo Flight Discovery Center4.98.9 mi
- Ramona Park4.57.3 mi
- Bronson Park4.312.2 mi
- Al Sabo Land Preserve4.66.8 mi
- Asylum Lake Preserve4.79.8 mi
- Milham Park4.49.5 mi
- Angels Crossing Golf Club4.44.6 mi
- Milham Park Golf Club4.39.6 mi
- Kalamazoo Country Club4.39.3 mi
- Olde Mill Golf Club3.82.5 mi
- Pine View Golf Club4.45.4 mi
- Meijer4.19 mi
- The Crossroads Mall4.17.4 mi
- Meijer4.212.7 mi
- Meijer4.25.2 mi
- Blain's Farm & Fleet4.47.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.