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Featured local agent — Hillsdale, MI
Sarah Mitchell
Compass Real Estate · Hillsdale, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hillsdale, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$174,900median sale price
How is the Hillsdale, MI housing market right now?
The median home sale price in Hillsdale, MI is $174,900, up 3.0% year-over-year. Homes sell in an average of 155 days with 30 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hillsdale a buyer's or seller's market?
Hillsdale, MI is currently a balanced market, based on 3.3 months of supply and homes selling in about 155 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
155
Average pace
Active listings
30
3.3 months supply
Sale-to-list
97.1%
Below asking
What does the Hillsdale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $174,900 |
| Median list price | $189,000 |
| Year-over-year price change | +3.0% |
| Average days on market | 155 days |
| Active inventory | 30 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 97.1% |
| Median price per sq ft | $111/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 11 |
| Listings with a price cut | 23.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Hillsdale by property type?
How the Hillsdale, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $174,900 | $111/sq ft | 9 | 155 days |
| Condo / Co-op | $334,000 | $108/sq ft | 1 | 864 days |
Source: Redfin · Updated monthly
The Hillsdale housing market is currently classified as a balanced market with a median sale price of $174,900. Prices have risen 3.0% compared to last year, with homes spending an average of 155 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Hillsdale
There are currently 30 homes listed for sale in Hillsdale, Michigan. The median listing price is $189K.
Active listings
30
Homes on market
Median list price
$189K
Avg. days on market
155
Days until sale
New this week
11
Newly listed
Who lives in Hillsdale?
Population
8,013
Median income
$47,817/yr
Median age
30.1 years
Owner-occupied
50.9%
College grads
25.7%
Avg commute
15.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Hillsdale?
Zillow home value
$208,617
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Hillsdale?
Hillsdale is a community of approximately 8K residents with a median age of 30.1 years.The median household income is $47,817, which represents a working-class community with solid middle-income opportunities. 25.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 50.9%, showing a blend of owner and renter-occupied properties. The average commute time is 15.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hillsdale offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hillsdale?
9 schools tracked · 1,631 students
The largest public schools serving Hillsdale, 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.
Gier Elementary School
Grades K-4 · 436 students
Hillsdale High School
Grades 9-12 · 385 students
Davis Middle School
Grades 5-8 · 368 students
Will Carleton Charter School Academy
Grades K-12 · 278 students
Hillsdale Preparatory School
Grades K-8 · 54 students
Greenfield School
Grades PK-12 · 44 students
Horizon Alternative School
Grades 9-12 · 36 students
Bailey Early Childhood Center
Grades PK-K · 30 students
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 Hillsdale, MI?
Want a head-to-head view? Compare Hillsdale side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hillsdale?
The median home sale price in Hillsdale is $174,900, up 3.0% from last year.
How long do homes stay on market in Hillsdale?
Homes typically spend 155 days on market before going under contract.
What is the median income in Hillsdale?
The median household income is $47,817 per year.
Is Hillsdale a buyer's or seller's market?
With 3.3 months of supply, Hillsdale is currently a balanced market.
What is the Zillow home value estimate for Hillsdale?
The Zillow Home Value Index (ZHVI) for Hillsdale is $208,617, representing the typical home value in the area.
What is the median condo price in Hillsdale?
The median condo/co-op sale price in Hillsdale, MI is $334,000, compared to $174,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hillsdale?
The median single-family home price in Hillsdale, MI is $174,900 (about $111 per square foot).
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