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Kentwood, MI Housing

 
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As of 2010-2014, median price of a house in Kentwood is $125,400, which is about the same as the state average of $120,200 and is lower than the national average of $175,700. The Kentwood median house value has grown by 3.98% since 2000. The growth rate for the price of a house in Kentwood is about the same as the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in Kentwood was built is 1980, which is newer than the median year for a house built in the state which is 1969 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 11,653 Owner Occupied Houses in Kentwood, MI, #157
Kentwood, MI
125,400 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #352
Kentwood, MI
3.98%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Kentwood, MIMichiganU.S.
Total Housing Units20,886, see rank, 100%4,532,719132,741,033
Occupied Housing Units19,708, 94.36%, see rank84.45%87.55%
Owner Occupied11,653, 55.79%, see rank60.41%56.34%
Renter Occupied8,055, 38.57%, see rank24.04%31.21%
Vacant Housing Units1,178, 5.64%, see rank15.55%12.45%
For Rent334, 1.60%, see rank1.84%2.34%
For Sale Only195, 0.93%, see rank1.40%1.20%
Rented or Sold, Not Occupied159, 0.76%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use96, 0.46%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant394, 1.89%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #57
Kentwood, MIMichiganU.S.
198019691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Kentwood, MI%MichiganU.S.
Owner-Occupied Units11,653100%2,738,01274,787,460
With a Mortgage8,27070.97%, see rank63.63%65.58%
Without a Mortgage3,38329.03%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Kentwood, MI
1,257 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsKentwood, MI%MichiganU.S.
$299 or Less510.62%, see rank0.19%0.20%
$300 to $499951.15%, see rank1.88%1.59%
$500 to $6994165.03%, see rank6.65%5.01%
$700 to $9991,50518.20%, see rank19.56%14.32%
$1,000 to $1,4993,74445.27%, see rank34.69%27.90%
$1,500 to $1,9991,77021.40%, see rank20.06%20.35%
$2,000 to $2,9996177.46%, see rank12.84%19.52%
$3,000 or More720.87%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Kentwood, MI
22.30% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Kentwood, MI%MichiganU.S.
10% or Less5646.82%, see rank5.90%5.86%
10% to 20%2,88834.92%, see rank35.28%31.95%
20% to 30%2,44829.60%, see rank27.51%27.64%
30% to 40%1,21214.66%, see rank12.63%13.74%
40% or More1,08113.07%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Kentwood, MI
457 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsKentwood, MI%MichiganU.S.
$199 or Less1374.05%, see rank4.74%7.76%
$200 to $2993279.67%, see rank12.46%14.70%
$300 to $4991,58346.79%, see rank40.41%34.63%
$500 to $69976222.52%, see rank25.95%21.16%
$700 or More57416.97%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Kentwood, MI
14.90% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Kentwood, MI%MichiganU.S.
10% or Less1,13633.58%, see rank35.33%40.19%
10% to 20%1,03730.65%, see rank33.76%31.47%
20% to 30%54316.05%, see rank13.39%12.24%
30% to 40%2306.80%, see rank6.18%5.64%
40% or More43712.92%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Kentwood, MIMichiganU.S.
Total Housing Units20,886, 100%4,532,719132,741,033
1-unit, Detached10,025, 48.00%, see rank71.97%61.65%
1-unit, Attached2,227, 10.66%, see rank4.66%5.82%
2 Units264, 1.26%, see rank2.58%3.75%
3 or 4 Units668, 3.20%, see rank2.56%4.43%
5 to 9 Units1,294, 6.20%, see rank4.20%4.78%
10 or More Units5,668, 27.14%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.740, 3.54%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Kentwood, MIMichiganU.S.
Total Housing Units20,886, 100%4,532,719132,741,033
1 Room395, 1.89%, see rank1.24%1.95%
2 Rooms652, 3.12%, see rank1.78%2.48%
3 Rooms2,342, 11.21%, see rank7.14%9.13%
4 Rooms3,771, 18.06%, see rank14.38%16.60%
5 Rooms3,282, 15.71%, see rank21.00%20.41%
6 Rooms3,351, 16.04%, see rank20.07%18.06%
7 Rooms2,809, 13.45%, see rank13.45%12.27%
8 Rooms1,823, 8.73%, see rank9.27%8.48%
9 Rooms or More2,461, 11.78%, see rank11.67%10.60%
Median Rooms5.50, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Kentwood, MIMichiganU.S.
Total Housing Units20,886, 100%4,532,719132,741,033
No Bedroom450, 2.15%, see rank1.35%2.17%
1 Bedroom2,816, 13.48%, see rank9.11%11.16%
2 Bedrooms6,984, 33.44%, see rank26.33%26.69%
3 Bedrooms6,755, 32.34%, see rank43.93%39.70%
4 Bedrooms3,300, 15.80%, see rank15.80%16.05%
5 or More Bedrooms581, 2.78%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Kentwood, MIMichiganU.S.
Total Housing Units19,708, 100%3,827,880116,211,092
Utility Gas17,569, 89.15%, see rank77.13%48.85%
Bottled, Tank, or LP Gas112, 0.57%, see rank8.48%4.86%
Electricity1,724, 8.75%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.6, 0.03%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood85, 0.43%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel51, 0.26%, see rank0.86%0.47%
No Fuel Used161, 0.82%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalKentwood, MIMichiganU.S.
Occupied Units Paying Rent7,817, 100%1,028,83539,201,928
$199 or Less39, 0.50%, see rank1.86%1.50%
$200 to $299185, 2.37%, see rank3.88%3.18%
$300 to $499729, 9.33%, see rank9.32%7.37%
$500 to $6991,846, 23.62%, see rank23.63%16.01%
$700 to $9993,298, 42.19%, see rank35.23%29.17%
$1,000 to $1,4991,509, 19.30%, see rank20.17%26.88%
$1,500 to $1,999200, 2.56%, see rank3.85%9.79%
$2,000 or More11, 0.14%, see rank2.06%6.10%
Median$787, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Kentwood, MIMichiganU.S.
Occupied Housing Units19,708, 100%3,827,880116,211,092
No Vehicles Available1,778, 9.02%, see rank7.97%9.12%
1 Vehicles Available7,137, 36.21%, see rank35.06%33.80%
2 Vehicles Available7,924, 40.21%, see rank38.45%37.48%
3 or More Vehicles Available2,869, 14.56%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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