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Hillsdale, MI
Full City Profile · Michigan · Hillsdale County County
3.1
/5.0
B
Good
8,013
Population
1,408/sq mi density
$47,817
Median Income
$25,351 per capita
$131,300
Home Value
$190,959 Zillow
$801
Median Rent
27.4% income on rent
48°F
Avg Temperature
275 sunny days/yr
287
Violent Crime/100K
1,596 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$47,817 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$131,300 home value, $801/mo rent
F
Safety
1.0 / 5.0
287 violent crimes/100K
B
Education
3.1 / 5.0
25.7% bachelor's degree or higher
Housing Overview
Median Home Value
$131,300
53% below
US avg: $281,900
Median Rent
$801/mo
31% below
US avg: $1,163/mo
Homeownership Rate
50.9%
22% below US avg (65.4%)
Total Housing Units
3,030
Median year built: 1955
Home Value by Source
Census Median
$131,300
Zillow (ZHVI)
$190,959
Median Sale Price
$183,250
Median List Price
$219,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.9%
Owner-Occupied
49.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$764/mo
2 Bedroom
$1,002/mo
3 Bedroom
$1,252/mo
4 Bedroom
$1,327/mo
Census median rent:
$801/mo
Market Indicators (Redfin)
Median Days on Market
68 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
13.8%
of listings with price reduction
Price Per Sq Ft
$113
Active Inventory
29
homes for sale
Affordability & Housing Stock
Rent Burden
27.4%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
50.9%
Complete Housing Data
Home Values
| Census Median Value | $131,300 |
| Zillow Home Value (ZHVI) | $190,959 |
| Median Sale Price | $183,250 |
| Median List Price | $219,950 |
| Price Per Sq Ft | $113 |
Rent
| Census Median Rent | $801 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $764 |
| FMR 2-Bedroom | $1,002 |
| FMR 3-Bedroom | $1,252 |
| FMR 4-Bedroom | $1,327 |
Market
| Days on Market | 68 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 13.8% |
| Homes Sold | 6 |
| Active Inventory | 29 |
| Price Per Sq Ft | $113 |
Ownership & Stock
| Owner-Occupied | 50.9% |
| Renter-Occupied | 49.1% |
| Homeownership Rate | 50.9% |
| Total Housing Units | 3,030 |
| Median Year Built | 1955 |
| Rent Burden | 27.4% |