Hillsdale Metro Area, MI Housing

Housing in the Hillsdale, MI Metro Area is quite affordable, with a median value of $176,600 compared to the US House median value of $338,100. Despite this affordability, housing has still appreciated nicely in the last year with an appreciation rate of 12.24%, which is higher than the national average of 8.27%. This means that investing in housing in Hillsdale is a potentially lucrative decision for potential buyers and investors alike.

The median home cost in Hillsdale Metro Area is $176,600. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Hillsdale Metro Area is up 16.2%.

Average Age of Homes

- The median age of Hillsdale Metro Area real estate is 47 years old

The Rental Market in Hillsdale Metro Area

- Renters make up 18.1% of the Hillsdale Metro Area population
- 0.3% of houses and apartments in Hillsdale Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hillsdale, Michigan	United States
	21,465.0	139,647,020.0
	51	42
	$176,600	$338,100
	16.2%	16.6%
	56.4%	57.0%
	106.2%	101.1%
	$10.58	$10.98
	$1,498	$2,690
	64.7%	57.4%
	17.6%	11.2%
	17.7%	31.4%
Vacant Housing
	0.3%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.7%	0.4%
	11.1%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	4.1%	2.4%
	6.9%	2.8%
	9.5%	3.9%
	10.0%	4.5%
	19.6%	11.3%
	17.9%	13.0%
	16.9%	20.1%
	7.2%	13.6%
	1.9%	8.3%
	2.0%	9.7%
	0.8%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	10.4%	13.6%
	10.4%	13.6%
	13.0%	13.6%
	8.8%	13.2%
	14.6%	14.8%
	13.0%	13.6%
	8.2%	10.0%
	5.0%	4.7%
	27.3%	12.2%

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