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Advertise here →Hillsdale, MI · Market Data
Hillsdale, Michigan real estate market data.
Real estate market data for Hillsdale, MI (Hillsdale County) — Census median home value $131,300, county listing prices up about 6.9% over the past year.
Hillsdale, MI is in Hillsdale County, Michigan — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 8,013, with a median household income of $47,817. Census data puts Hillsdale's median home value at $131,300.
At a glance
Hillsdale market snapshot
Population
8,013
Median Household Income
$47,817
Median Home Value (city)
$131,300
Median Gross Rent
$801/mo
Price Trend (YoY)
+6.9%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Hillsdale different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Hillsdale's median home value — across all owner-occupied homes, not just recent sales — at $131,300.
County Price Trend
Hillsdale County's FHFA house price index shows a 6.92% annual change in 2025.
Population & Income
Hillsdale has an estimated population of 8,013 and a median household income of $47,817, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Hillsdale's Census-reported median home value works out to about 2.7x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Hillsdale FAQ
What are home values like in Hillsdale, MI?
The Census Bureau's American Community Survey puts Hillsdale's median home value at $131,300.
What is the population of Hillsdale, MI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Hillsdale's population at approximately 8,013.
What's the median rent in Hillsdale, MI?
The Census ACS estimates median gross rent in Hillsdale at approximately $801 per month.
What is the median household income in Hillsdale, MI?
Census ACS data puts the median household income in Hillsdale at approximately $47,817.
Is the Hillsdale housing market growing?
Hillsdale County's FHFA house price index shows a 6.92% annual change in 2025.
Is Hillsdale, MI affordable relative to income?
Census ACS data puts Hillsdale's median home value at about 2.7 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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