Hillsdale County, MI Home Values & Market Trends

The median home price in Hillsdale County, MI is $186,100.89. There were 839 home sales in Hillsdale County, MI over the past 12 months. The median residential Hillsdale County, MI home value for transactions over the previous year is $150,000. The number of current listings in Hillsdale County, MI is 27, and the percentage of properties for sale is 27.00%. The county has 29 foreclosures, 10 bank owned properties, 19 headed for auction, and 27 properties for sale.

Hillsdale County, MI Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Jerome

$ 269,059

$ 162/sqft

Osseo

$ 474,419

$ 180/sqft

Hillsdale

$ 176,500

$ 129/sqft

North Adams

$ 154,900

$ 71/sqft

Jonesville

$ 294,462

$ 111/sqft

Camden

$ --

$ --

Reading

$ 119,682

$ 155/sqft

Waldron

$ --

$ --

Pittsford

$ 356,779

$ 202/sqft

Somerset Center

$ --

$ --

Litchfield

$ 202,030

$ 90/sqft

Allen

$ --

$ --

Housing Market Summary for Hillsdale County, MI

Mar 2023February 2024Change
Median Listing Price$286.5K$178.8K-37.60%
Median Sold Price$145.9K$178.8K22.53%
Homes For Sale26273.85%
Homes Sold810615-24.07%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Hillsdale County, MI

Hillsdale County, MI home values range from $16,802 to $5,901,039. Osseo is the priciest city with a median listing home price of $560,000, and Reading is most affordable with average house prices of around $132,400.

Foreclosure
There are 12 cities within Hillsdale County, MI; within these cities, the median estimated home value for homes in foreclosure ranges from $291,619 in Camden to the lowest value of $25,839 in Camden. Foreclosure homes account for 0.00% of properties in Hillsdale County, MI with Jonesville containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Hillsdale County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 12 cities within Hillsdale County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hillsdale County, MI ranges from the highest value of $203,430 in Osseo to the lowest value of $31,400 in Jonesville. Bank owned homes and properties account for 0.05% of properties in Hillsdale County, MI. There are 12 cities within Hillsdale County, MI; Jonesville containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Hillsdale has 5 auction properties, the highest number of properties going to auction in a single city in the state of Hillsdale County, MI. Auction homes and other auction properties account for 0.09% of all properties in Hillsdale County, MI. There are 12 cities within Hillsdale County, MI; of those cities, the median estimated home value for homes going to auction ranges from $335,908 in Reading to the lowest value of $25,839 in Reading.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in Hillsdale County, MI with Jerome containing 8 homes for sale, the highest number of listed properties in a single city. There are 12 cities within Hillsdale County, MI; homes for sale in those cities, have a range of median values from $474,419 in Osseo to the lowest value of $54,060 in Litchfield.
    Sold Homes
    The median value for recently sold homes ranges from $757,784 in Pittsford to the lowest price of $20,072 in Pittsford. There are 12 cities within Hillsdale County, MI. Hillsdale has 172 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.90% of properties in Hillsdale County, MI.

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      Guide for Hillsdale County, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
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      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
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      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.