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Schoolcraft, MI

Full City Profile · Michigan · Kalamazoo County County

3.9 /5.0
B+ Good
1,268 Population 1,294/sq mi density
$82,813 Median Income $36,675 per capita
$208,300 Home Value $335,964 Zillow
$863 Median Rent 31.3% income on rent
50°F Avg Temperature 260 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$82,813 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$208,300 home value, $863/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.2 / 5.0
28.1% bachelor's degree or higher

Housing Overview

Median Home Value
$208,300
26% below
US avg: $281,900
Median Rent
$863/mo
26% below
US avg: $1,163/mo
Homeownership Rate
74.8%
14% above US avg (65.4%)
Total Housing Units
577
Median year built: 1969

Home Value by Source

Census Median
$208,300
Zillow (ZHVI)
$335,964
Median Sale Price
$247,442
Median List Price
$192,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.8%
Owner-Occupied
25.2%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$689/mo
1 Bedroom
$858/mo
2 Bedroom
$973/mo
3 Bedroom
$1,338/mo
4 Bedroom
$1,380/mo
Census median rent: $863/mo

Market Indicators (Redfin)

Median Days on Market
23 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$111
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
74.8%

Complete Housing Data

Home Values

Census Median Value$208,300
Zillow Home Value (ZHVI)$335,964
Median Sale Price$247,442
Median List Price$192,000
Price Per Sq Ft$111

Rent

Census Median Rent$863
FMR Studio$689
FMR 1-Bedroom$858
FMR 2-Bedroom$973
FMR 3-Bedroom$1,338
FMR 4-Bedroom$1,380

Market

Days on Market23
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$111

Ownership & Stock

Owner-Occupied74.8%
Renter-Occupied25.2%
Homeownership Rate74.8%
Total Housing Units577
Median Year Built1969
Rent Burden31.3%