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Market Snapshot

Median listing price
$270K

The median listing price in Kentwood, MI ZIP 49548 is $269,900 as of July 2026.

Median rent
$1,300/mo

The median market rent in Kentwood, MI ZIP 49548 is $1,300/month as of July 2026.

Days on market
1 days

The median days on market in Kentwood, MI ZIP 49548 is 1 days as of July 2026. The market is currently hot.

Gross rental yield
5.78%

At a median list price of $269,900 and a median rent of $1,300/month, the gross rental yield in Kentwood, MI ZIP 49548 is 5.78% as of July 2026.

Kentwood, MI 49548 Real Estate Market Report

ZIP Code: 49548

Report Date: July 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
191
Active Listings
21
Sold Properties
170

Market Metrics

Median Listing Price
$269,900
Median Sold Price
$255,000
Median Price per Sqft
$235/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,300

Property Taxes

Property Tax Rate
0.94%

Liquidity & Velocity

Median Days on Market
1
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Kentwood, MI, are averaging 6.55%, reflecting a stable market environment for property owners compared to earlier 2026 benchmarks.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood's primary market signal is the median sold price of $255,000, which reflects recent transaction levels and suggests realized market value is holding firm; use sold prices, not asking prices, for valuation.
  2. Listings show a gap with the median listing price of $269,900 above recent transactions, which may indicate some seller price optimism relative to closed sales; pricing friction appears present between ask and sale levels.
  3. Liquidity is strong based on the median days on market of 1, implying very rapid turnover for properties that transact and a hot sales cadence; high velocity suggests competitive response to new inventory.
  4. Market context is supportive of continued price strength: the market temperature is hot, price year-over-year trend is up, and rent year-over-year trend is up, but note that interest rate pressure is elevated, which could temper buyer capacity despite a robust rental and pricing environment; elevated interest rate pressure.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

100 43rd St Sw # 108, Wyoming, MI 49548
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

8 beds4 baths3,534 sqft
$724,900
May 1, 2026
$205/sqft
561 68th St Se, Grand Rapids, MI 49548
Premium

Sold above market average

3 beds2 baths1,922 sqft
$608,000
May 1, 2026
$316/sqft
466 Madison Ct Se, Kentwood, MI 49548
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

2 beds2 baths924 sqft
$353,500
Jun 1, 2026
$383/sqft
1 days on market
304 Nancy St Se, Kentwood, MI 49548
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths972 sqft
$279,900
Jun 1, 2026
$288/sqft
1 days on market
255 Holly St Sw, Wyoming, MI 49548
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths836 sqft
$250,000
Jun 1, 2026
$299/sqft
47 days on market
5109 Haughey Ave Sw, Wyoming, MI 49548
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths946 sqft
$250,000
Jun 1, 2026
$264/sqft
76 days on market
2924 Union Ave Se, Wyoming, MI 49548
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths958 sqft
$250,000
Jun 1, 2026
$261/sqft
1036 days on market
150 Frontenac St Se, Wyoming, MI 49548
Value

Sold below market average

2 beds1 baths903 sqft
$90,000
Jun 1, 2026
$100/sqft
103 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$271/mo
49548 Avg Rent
49548 Cost to Own
Rent$1,300
Own$1,571

20% down, 6.55% rate, 0.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

49548 Avg nightly rate
49548 Avg occupancy (days/year)
Nightly rate$138/night
Occupancy268 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/19/2026

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