Housing in Hillsdale, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$185,000

Median List Price

$176,199

Price Per Sq Ft

$155

Days on Market

181

Active Inventory

25

Months of Supply

8.3

Buyer's market

Zillow Home Value

$190,109

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 18.7%List Price 20.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

12.5%

Sale-to-List Ratio

90.7%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
12.5%
Listings with Price Drops
24.0%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

6

Pending Sales

8

Homes Sold 25.0%New Listings 25.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$155

Median List $/SF

$127

Sale $/SF 30.3%List $/SF 21.0%Mar 24Jan 26

Hillsdale vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Hillsdale 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

$131,300

Median Rent

$801

Total Housing Units

3,153

Vacancy Rate

11.1%

Owner Occupied

50.9%

Renter Occupied

49.1%

Median Property Tax

$1,792

per year

Monthly Cost (w/ Mortgage)

$834

Housing Types

Single Family
61.4%
Multi-Family
36.5%
Mobile Home
2.1%

The current median sale price in Hillsdale, MI is $185,000 according to Redfin data. Homes spend a median of 181 days on the market. 33.3% of homes sold above asking price. The market has 8.3 months of supply. The median price per square foot is $155. The median rent is $801 per month (Census ACS). About 50.9% of housing units are owner-occupied. The median year homes were built is 1952. There are 3,153 total housing units.