The story of this market
The typical home in ZIP 49224 sells for about $215,000, or $146 per square foot.
Prices are up +17.8% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $837 a month.
ZIP 49224 — Albion
The housing market in the 49224 area is showing signs of increased competitiveness, with rising sale prices and a tightening inventory. While the broader Kalamazoo-Portage market provides a stable economic backdrop, local demand is being driven by affordability relative to larger urban centers. Buyers should expect a fast-paced environment for well-priced, move-in-ready homes.
This ZIP is well-suited for family buyers and those seeking a more rural or suburban lifestyle while remaining within reach of the Kalamazoo-Portage employment core.
Median prices moved up 17.8% year over year.
Homes spend a median of 31 days on market with 2.1 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 12.0% · poverty 20.7% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49224, Calhoun 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.
Public schools in the area are generally characterized by moderate performance metrics within the local district framework.
The region faces standard Midwestern climate risks, including seasonal wind and storm events; insurance posture is stable but sensitive to national reinsurance trends.
Economic momentum is driven by the broader Kalamazoo-Portage metro area, which features a mix of healthcare, higher education, and manufacturing employers.
Property taxes are assessed at the local level based on taxable value, which is capped by state law; special assessments may apply for local infrastructure or school district debt.
Residents typically rely on personal vehicles for commuting to employment hubs in Kalamazoo or Battle Creek via regional highway corridors.
The area offers access to local parks, rural green spaces, and proximity to regional lakes and golf courses within a short drive.
The rental market is characterized by steady demand from students and local workers, with vacancy rates remaining relatively tight.
The economy is anchored by the Kalamazoo-Portage metro area, with significant employment in healthcare, life sciences, and higher education.
Transportation is primarily highway-dependent, with regional transit services providing limited connectivity to the broader Kalamazoo metro area.
Development activity is focused on local residential infill and small-scale commercial improvements within the Albion city limits.
Parcels are subject to local school district taxes and county-level assessments for public services.
Property insurance markets in Michigan remain stable, though premiums are influenced by regional weather-related risk factors.
Data retrieved from US 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.
- Jaxon's Playhouse LLC4.617.3 mi
- epIQ escapes & Game Store4.917.3 mi
- Schuler's Restaurant & Pub4.510.8 mi
- Medalist Golf Club & Banquet Facility4.613.1 mi
- Butler Motor Speedway4.518.8 mi
- Calhoun County Fairgrounds4.410.3 mi
- George E. Potter Center4.719.9 mi
- Kids 'N' Stuff Children's Museum4.73.5 mi
- University Lanes4.43.3 mi
- Ketchum Park4.510.2 mi
- Marshall Riverwalk4.710.5 mi
- American Museum of Magic4.410.6 mi
- Kids 'N' Stuff Children's Museum4.73.5 mi
- Ella Sharp Museum4.618 mi
- American Museum of Magic4.410.6 mi
- Courthouse Square Museum4.619.2 mi
- Brooks Memorial Fountain4.810.9 mi
- Ketchum Park4.510.2 mi
- Marshall Riverwalk4.710.5 mi
- Victory Park Pavilion4.33.7 mi
- Swains Lake Campground4.311.2 mi
- Stuart's Landing4.510.5 mi
- Burr Oak Golf Club4.48.1 mi
- Emerald Hills Golf Course & Tavern4.211 mi
- Concord Hills Golf Course4.411.2 mi
- College Chevrolet4.12.3 mi
- Hutch's Food Center4.212.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A private liberal arts college that serves as a major cultural and economic anchor for the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.