Housing in Hancock, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$222,500
Median List Price
$125,000
Price Per Sq Ft
$133
Days on Market
56
Active Inventory
6
Months of Supply
3.0
Seller's market
Zillow Home Value
$207,616
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
100.0%
Sale-to-List Ratio
95.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$133
Median List $/SF
$112
Hancock vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Hancock is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$185,700
Median Rent
$740
Total Housing Units
2,114
Vacancy Rate
13.3%
Owner Occupied
53.5%
Renter Occupied
46.5%
Median Property Tax
$2,728
per year
Monthly Cost (w/ Mortgage)
$798
Housing Types
The current median sale price in Hancock, MI is $222,500 according to Redfin data. Homes spend a median of 56 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $133. The median rent is $740 per month (Census ACS). About 53.5% of housing units are owner-occupied. The median year homes were built is 1952. There are 2,114 total housing units.