The story of this market
The typical home in ZIP 49080 sells for about $234,400, or $185 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,010 a month.
ZIP 49080 — Plainwell
The 49080 housing market remains stable with steady price appreciation and moderate inventory levels. Demand is supported by local employment and the area's appeal to families, though rising interest rates have tempered the pace of sales compared to previous years. The market is currently balanced, favoring neither buyers nor sellers significantly.
This ZIP is ideal for families and commuters who desire a suburban or semi-rural lifestyle with convenient highway access to larger employment hubs like Kalamazoo.
Median prices moved up 3.2% year over year.
Homes spend a median of 45 days on market with 3.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 10.5% — 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 9.2%/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 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 49080, Allegan County MI
Crime rates in the Plainwell area are generally lower than the national average, with property crime being the most frequently reported incident type.
The area is primarily served by Plainwell Community Schools, which maintains a solid reputation for academic performance and extracurricular engagement within the region.
The region faces moderate risks related to severe thunderstorms and winter weather, with localized flood risks near the Kalamazoo River basin.
Economic momentum is driven by a mix of manufacturing, agriculture, and proximity to the Kalamazoo employment hub, with steady residential development in the township.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents primarily commute by car, with easy access to US-131 providing a direct route to Kalamazoo and Grand Rapids employment centers.
The area features extensive access to the Kalamazoo River for water sports, local parks like Sherwood Park, and proximity to regional golf courses and shopping in nearby Plainwell.
The rental market is characterized by low vacancy rates and limited inventory, with demand driven by local workers and those seeking a suburban lifestyle near Kalamazoo.
The local economy is anchored by manufacturing, healthcare, and educational services, with significant employment spillover from the nearby Kalamazoo metro area.
Transportation is heavily reliant on private vehicles, with US-131 serving as the primary arterial highway for regional connectivity.
Development is focused on managed residential growth and infrastructure improvements to support the increasing population density in the township.
The Allegan County Equalization Department oversees property assessments, ensuring compliance with state-mandated valuation standards.
Parcels are subject to local school district taxes, county-wide millages, and specific township-level service assessments.
Property insurance premiums are generally stable, though homeowners should account for potential coverage requirements related to flood zones near the river.
Data retrieved from US Census Bureau ZCTA 49080 profiles.
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.
Provides recreational opportunities including fishing, kayaking, and scenic trails.
A local community park offering picnic areas and green space.
Historic downtown area with local boutiques and restaurants.
Key-figure check: median price diverges 55.5% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $364,450 (+55.5% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.