Is Hillman Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillman Township is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Hillman Township has remained a Buyer's Market.

Key Takeaway

Hillman Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hillman Township, MI

How much do homes in Hillman Township, MI cost?

Median Sold Price

$148,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$15,000(+11.3%)

Key Takeaway

Homes in Hillman Township have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Hillman Township was $148,000 in February 2024, up 11.3% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $15K-
N/A
2 $126K$124K
-1.6%
3 $143.4K$183K
+27.6%
4 $196K$140K
-28.6%
5+ $98.5K$1.6M
+1575.1%

Summary: Hillman Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 27.6%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 1575.1%.

Median Sold Price Compared To Nearby Cities

Hillman
+32.6%
Atlanta
+29.6%
Hillman Township
+11.3%

Housing Supply in Hillman Township, MI

How many homes are available in Hillman Township, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
11110.0%

Summary: The Hillman Township real estate market had 11 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 11
0.0%
3 66
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Hillman Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillman Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hillman Township in February 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hillman Township, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Hillman Township, MI

Nearby Markets to Hillman Township, MI

What housing markets are near Hillman Township, MI?