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Featured local agent — Hermansville, MI

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Hermansville, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Hermansville, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Hermansville, MI Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$53,000median sale price

How is the Hermansville, MI housing market right now?

The median home sale price in Hermansville, MI is $53,000. Homes sell in an average of 73 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of January 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Hermansville a buyer's or seller's market?

Buyer's market73 avg. days on market

Hermansville, MI is currently a buyer's market and homes selling in about 73 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

73

Average pace

Active listings

Sale-to-list

89.8%

Below asking

What does the Hermansville housing market data show?

Current housing market statistics for Hermansville, MI
MetricValue
Median sale price$53,000
Average days on market73 days
Sale-to-list price ratio89.8%
Median price per sq ft$76/sq ft
Homes sold (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Hermansville by property type?

How the Hermansville, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Hermansville, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$53,000$76/sq ft173 days

Source: Redfin · Updated monthly

The Hermansville housing market is currently classified as a buyer's market with a median sale price of $53,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 73 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.

Homes for sale in Hermansville

Explore homes currently listed for sale in Hermansville, Michigan across major real estate platforms.

Sale-to-list:89.8%

Who lives in Hermansville?

Population

621

Median income

$53,958/yr

Median age

51.5 years

Owner-occupied

81.5%

College grads

8.4%

Avg commute

35.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Hermansville?

Zillow home value

$170,725

Price-to-income

3.2x

Source: Zillow Research

What is it like to live in Hermansville?

Hermansville is a community of approximately 1K residents with a median age of 51.5 years.The median household income is $53,958, which represents a working-class community with solid middle-income opportunities. 8.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 81.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hermansville offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Hermansville?

1 schools tracked · 125 students

The largest public schools serving Hermansville, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

North Central Elementary School

Grades PK-5 · 125 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Hermansville, MI?

Want a head-to-head view? Compare Hermansville side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Hermansville?

The median home sale price in Hermansville is $53,000, down 0.0% from last year.

How long do homes stay on market in Hermansville?

Homes typically spend 73 days on market before going under contract.

What is the median income in Hermansville?

The median household income is $53,958 per year.

What is the Zillow home value estimate for Hermansville?

The Zillow Home Value Index (ZHVI) for Hermansville is $170,725, representing the typical home value in the area.

How much does a single-family home cost in Hermansville?

The median single-family home price in Hermansville, MI is $53,000 (about $76 per square foot).

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