$3,443 Closing Credit*
$289,900
1,632 SqFt
3 Beds
•2 Full Baths
Matthew Smith, Listing Office: Hillman Real Estate
Is Hillman, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hillman was a Seller's Market.
Key Takeaway
Hillman is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hillman, MI
How much do homes in Hillman, MI cost?
Median Sold Price
$216,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$72,860(+50.9%)
Key Takeaway
Homes in Hillman have sold for 50.9% more than they did a year ago.
Summary: The median home sold price in Hillman was $216,000 in October 2024, up 50.9% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $225.1K | N/A |
| 2 Bedrooms | $89.9K | $147K | +63.5% |
| 3 Bedrooms | $185K | $226K | +22.2% |
| 4 Bedrooms | $140K | $340K | +142.9% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Hillman housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 63.5%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 142.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Green Township | $145K | $280K | +93.1% |
| Hillman | $143.1K | $216K | +50.9% |
| Hillman Township | $143.1K | $195.6K | +36.6% |
Housing Supply in Hillman, MI
How many homes are available in Hillman, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Hillman real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Hillman housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillman, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hillman in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Hillman, MI
We’re sorry, we don't have information for this market at the moment
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