Alamo Township Housing Market Report February 2025Kalamazoo County, Michigan

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Housing Prices in Alamo Township, MI

How much do homes in Alamo Township, MI cost?

Housing Market Conditions

Is Alamo Township, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Alamo Township is a Neutral Market

Difference Since February 2024

At the same time last year, Alamo Township was a Seller's Market.

Insight

Alamo Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$337,500$156/SqFt
-$32,500
-8.8%

Based on all homes sold in the last 12 months

Insight

Homes in Alamo Township have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in Alamo Township was $337,500 in February 2025, down 8.8% from last year, and the median price per square foot was $156.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Oshtemo Charter Township
+11.3%
Cooper Charter Township
+10.4%
Otsego Township
+5.7%
Pine Grove Township
+1.6%
Alamo Township
-8.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$377.2K$193.2K
-48.8%
3$350K$345K
-1.4%
4$370K$285K
-23.0%
5$399K$610K
+52.9%

Summary: Alamo Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -48.8%. The home price for 3 bedroom homes decreased by -1.4%. The home price for 4 bedroom homes decreased by -23.0%. The home price for 5 bedroom homes increased by +52.9%.

Housing supply in Alamo Township, MI

How many homes are available in Alamo Township, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
6Last MonthFeb 2025
42 months agoJan 2025
+50.0 %
Change MoMJan – Feb

Summary: The Alamo Township real estate market had 6 homes for sale in Feb 2025, a 50.0 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthFeb 2025
12 months agoJan 2025
0.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
201
+100.0%
322
0.0%
412
+100.0%
511
0.0%

Summary: Alamo Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Alamo Township, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Alamo Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Alamo Township in February 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Alamo Township, MI

How long does it take to sell a home in Alamo Township, MI?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Alamo Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 1 homes were sold in Alamo Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
2 DaysThis YearFeb 2025
8 Days1 year agoFeb 2024
-75.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Alamo Township had an average listing age of 2 days in Feb 2025, down by 75.0% compared to the previous year.

Newest Listings in Alamo Township, MI

What homes are available in Alamo Township, MI?

MLS Disclaimers and Copyright

Based on information from Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 03/01/2023 - 03/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.