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Kentwood, MI—49512

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$372,000
2.5% YoY Growth
Household Income
$71,000
41.3% YoY Growth
Days on Market
39
14.0% Longer YoY
Home Price Forecast
0.9%
Median Rent
$1,950
15.3% YoY Growth
1-Bed Rent
$1,260
N/A
2-Bed Rent
$1,200
28.0% YoY Growth
3-Bed Rent
$2,250
0.9% YoY Growth

Other Zip Codes in Kentwood, MI

495464954849508
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Kentwood, MI

As of May '26, the median home price in Kentwood, MI is $372,000, with a year-over-year change of 2.5%. This indicates that home prices in Kentwood, MI are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$372,0002.5%
Single Family $398,0002.6%
Condos $303,0003.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$263,0001.9%
    3 Bed
    		$364,0002.2%
    4 Bed
    		$430,0002.6%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.8%
    1 Bedroom
    19.4%
    2 Bedrooms
    38.1%
    3 Bedrooms
    22.8%
    4 Bedrooms
    12.1%
    5+ Bedrooms
    2.7%

    Rental Trends — Kentwood, MI

    As of July '25, Rentcast reports the average rent in Kentwood, MI is $1,830, with a year-over-year rent change of -15.3%. Per bedroom, the median rent as of July '25 in Kentwood, MI is studios: $1,530, 1-bedrooms: $1,390, 2-bedrooms: $1,210, 3-bedrooms: $2,240. The most common rental property sizes in Kentwood, MI are 2-bedroom and 1-bedroom, accounting for 49.6% and 32.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,950$1,830
    Studio Rent $1,530$1,530
    1 Bed Rent $1,260$1,390
    2 Bed Rent $1,200$1,210
    3 Bed Rent $2,250$2,240
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    8.4%
    1 Bedroom
    32.1%
    2 Bedrooms
    49.6%
    3 Bedrooms
    7.7%
    4 Bedrooms
    1.8%
    5+ Bedrooms
    0.4%

    Property Listings — Kentwood, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Kentwood, MI is 39. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$347,000-11.0%
    Listing Count
    		7439.0%
    Listings as % of Homes0.5%39.0%
    Days on Market
    		3914.0%
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    Demographics — Kentwood, MI

    As of the latest ACS Survey released in 2023, Kentwood, MI has a population of 18,700, which has increased by 10.3% over the past 5 years. Kentwood, MI is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		18,70010.3%
    % Under 18
    		19.6%-2.0%
    % Seniors
    		14.6%11.5%
    % WFH
    		9.2%130.0%
    % w/ College Degree
    		37.7%-4.6%
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    As of the latest ACS Survey released in 2023, Kentwood, MI is a predominantly white area, with 62.0% of the population identifying as white. The white population has grown by 5.8% in the last 5 years. The second most common race or ethnicity in Kentwood, MI is black, making up 18.9% of the population. Foreign-born residents account for 16.7% of the population in Kentwood, MI, and this percentage has decreased by 11.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		62.0%5.8%
    % Black
    		18.9%-30.0%
    % Hispanic
    		9.4%46.9%
    % Asian
    		5.0%-25.4%
    % Foreign Born
    		16.7%-11.6%
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    Mortgage and Risk — Kentwood, MI

    According to HUD data as of 2023, there were 268 mortgage originations in Kentwood, MI, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Kentwood, MI. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		268
    % Conventional Loans
    		87.0%
    % Government Loans
    		13.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Kentwood, MI

    Kentwood, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		176
    Total Units Section 8
    		133
    % Rentals under Section 8
    		3.0%
    % Occupied Section 8
    		90.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$60$1,260$1,200
    2 Bedroom$230$1,200$1,430
    3 Bedroom-$390$2,250$1,860
    4 BedroomN/AN/A$2,040

    Affordability — Kentwood, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.7
    Median Home Price$372,000
    Median Household Income$71,000

    Kentwood, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Kentwood, MI

    49546

    Kentwood, MI

    49508

    Gaines, MI

    49316

    East Grand Rapids, MI

    49506

    Kentwood, MI

    49548

    Frequently Asked Questions