Market Overview
Home Prices in Kentwood, MI
The median home value in Kentwood, MI is $340,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kentwood are priced17% below average. Kentwood is part of the Grand Rapids-Kentwood, MI metro area.
Over the past five years, Kentwood home values have risen by approximately30.1%, reflecting strong long-term appreciation in this market.
Price History
Kentwood Home Price Trend
City Comparison
Kentwood vs. National Median
At $340,017, homes in Kentwood cost 17% below the national median of $410,000. This makes Kentwood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kentwood?
20% Down Payment
$68,003
on $340,017
Monthly P&I
$1,773/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,252/mo
incl. taxes & insurance
Income Needed
$90,080
gross annual (30% rule)
10% Down Option
$34,002
+ PMI applies
Loan Amount (20% dn)
$272,014
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Kentwood, MI?
The median home value in Kentwood is $340,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Kentwood?
Over the past year, home values in Kentwood have increased by 3.9%. Over five years, prices have risen approximately 30.1%.
How much do I need to earn to buy a home in Kentwood?
To comfortably afford the median home price of $340,017 with a 20% down payment ($68,003) at today's rates (6.8%), you'd need a gross annual income of approximately $90,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Kentwood compare to the national average home price?
The national median home value is approximately $410,000. At $340,017, homes in Kentwood are 17% below the national average.
What metro area is Kentwood part of?
Kentwood is part of the Grand Rapids-Kentwood, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.