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Featured local agent — Kentwood, MI

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Kentwood, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Kentwood, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Kentwood, MI Housing Market & Real Estate

Strong seller's market-0.3% YoY

Housing market overview · Updated monthly ·

$360,000median sale price

How is the Kentwood, MI housing market right now?

The median home sale price in Kentwood, MI is $360,000, down 0.3% year-over-year. Homes sell in an average of 8 days with 86 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Kentwood a buyer's or seller's market?

Strong seller's market1.4 months of supply8 avg. days on market

Kentwood, MI is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 8 days. How we determine this →

Homes sold

61

Last 12 weeks

Days on market

8

Fast-moving

Active listings

86

1.4 months supply

Sale-to-list

101.1%

Above asking

What does the Kentwood housing market data show?

Current housing market statistics for Kentwood, MI
MetricValue
Median sale price$360,000
Median list price$349,900
Year-over-year price change-0.3%
Average days on market8 days
Active inventory86 listings
Months of supply1.4 months
Sale-to-list price ratio101.1%
Median price per sq ft$213/sq ft
Homes sold (latest month)61
New listings (latest month)88
Listings with a price cut19.8%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Kentwood by property type?

How the Kentwood, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Kentwood, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$368,000$225/sq ft387 days
Condo / Co-op$239,000$184/sq ft1915 days

Source: Redfin · Updated monthly

The Kentwood housing market is currently classified as a strong seller's market with a median sale price of $360,000. Prices have fallen 0.3% compared to last year, with homes spending an average of 8 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.

Homes for sale in Kentwood

There are currently 86 homes listed for sale in Kentwood, Michigan. The median listing price is $350K.

Active listings

86

Homes on market

Median list price

$350K

Avg. days on market

8

Days until sale

New this week

88

Newly listed

Price drops:19.8%of listings
Sale-to-list:101.1%

Who lives in Kentwood?

Population

54,114

Median income

$73,647/yr

Median age

34.7 years

Owner-occupied

60.4%

College grads

35.1%

Avg commute

19.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Kentwood?

Zillow home value

$340,017

Zillow rent index

$1,620/mo

Price-to-rent ratio

17.5x

Price-to-income

4.6x

Source: Zillow Research

What is it like to live in Kentwood?

Kentwood is a community of approximately 54K residents with a median age of 34.7 years.The median household income is $73,647, which represents a working-class community with solid middle-income opportunities. 35.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 60.4%, showing a blend of owner and renter-occupied properties. The average commute time is 19.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Kentwood offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Kentwood, MI?

Want a head-to-head view? Compare Kentwood side-by-side with any other U.S. city using our market-comparison tool.

Is Kentwood a good real estate investment market?

For investors evaluating Kentwood, the price-to-rent ratio of 17.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Kentwood's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Kentwood's median home price.

Frequently asked questions

What is the average home price in Kentwood?

The median home sale price in Kentwood is $360,000, down 0.3% from last year.

How long do homes stay on market in Kentwood?

Homes typically spend 8 days on market before going under contract.

What is the median income in Kentwood?

The median household income is $73,647 per year.

Is Kentwood a buyer's or seller's market?

With 1.4 months of supply, Kentwood is currently a strong seller's market.

What is the Zillow home value estimate for Kentwood?

The Zillow Home Value Index (ZHVI) for Kentwood is $340,017, representing the typical home value in the area.

What is the median condo price in Kentwood?

The median condo/co-op sale price in Kentwood, MI is $239,000, compared to $368,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Kentwood?

The median single-family home price in Kentwood, MI is $368,000 (about $225 per square foot).

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