Hillsdale, MI Home Values & Market Trends

Real estate market trends reflect that there have been 248 transactions over the past year in Hillsdale. The median value for residential home transactions that occurred over the previous year is $238,000. The number of current listings in Hillsdale is 221, and the percentage of properties for sale in the city is 221.00%. Hillsdale, MI currently has 8 properties in foreclosure, 5 bank owned properties, 3 properties headed for auction, and 221 properties for sale.

Hillsdale, MI Real Estate Market Overview

ZipMedian Est. Value
49242

$ 238,000

$ 188/sqft

Housing Market Summary for Hillsdale, MI

Sep 2025September 2026Change
Median Listing Price$249.9K$232.5K-6.96%
Median Sold Price$205.1K$202.1K-1.46%
Homes For Sale17621723.30%
Homes Sold194132-31.96%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Hillsdale, MI

Hillsdale home values range from $40,000 to $1,024,655. The median estimated value of a home in Hillsdale is $238,000. The median list price of a home is 232,500, and the total count of properties in the city is 372.

Foreclosure
There is 1 zips within Hillsdale, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $258,057 in 49242 to the lowest value of $129,696 in 49242. Foreclosure homes account for 2.00% of properties in Hillsdale, MI with 49242 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Hillsdale, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hillsdale, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hillsdale, MI ranges from the highest value of $258,057 in 49242 to the lowest value of $129,696 in 49242. Bank owned homes and properties account for 1.34% of properties in Hillsdale, MI. There is 1 zips within Hillsdale, MI; 49242 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    49242 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Hillsdale, MI. Auction homes and other auction properties account for 0.81% of all properties in Hillsdale, MI. There is 1 zips within Hillsdale, MI; of that zips, the median estimated home value for homes going to auction ranges from $252,800 in 49242 to the lowest value of $157,906 in 49242.
Homes for Sale
Homes and properties that are actively listed for sale account for 59.41% of residential properties in Hillsdale, MI with 49242 containing 221 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Hillsdale, MI; homes for sale in that zips, have a range of median values from $1,024,655 in 49242 to the lowest value of $40,000 in 49242.
    Sold Homes
    The median value for recently sold homes ranges from $723,927 in 49242 to the lowest price of $50,916 in 49242. There is 1 zips within Hillsdale, MI. 49242 has 135 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 36.29% of properties in Hillsdale, MI.

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      Guide for Hillsdale, MI

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.