Hillsdale County, Michigan home prices
Typical home $213,833 · +4.6% in a year · property tax 0.99%
The typical home in Hillsdale County is worth $213,833, 19% less than the Michigan typical home ($263,760). Values changed +4.6% in the past year and +21.8% over five years. Homeowners here pay a median 0.99% of their home's value in property tax each year ($2,110 on the typical home), versus 1.17% statewide.
Mortgage on the typical Hillsdale County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $42,767 | $171,066 | $1,151 | $0 | $283 | $1,434 | $61,400 |
| 10% down | $21,383 | $192,449 | $1,295 | $80 | $283 | $1,658 | $71,000 |
| 5% down | $10,692 | $203,141 | $1,367 | $85 | $283 | $1,734 | $74,300 |
| 3.5% down (FHA) | $7,484 | $209,960 | $1,412 | $95 | $283 | $1,790 | $76,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.99% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Michigan · part of the Hillsdale metro area.
Michigan counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Shiawassee County | $213,474 | +5.1% | 1.31% |
| Presque Isle County | $219,214 | +9.5% | 0.95% |
| Saint Joseph County | $219,664 | +4.0% | 1.1% |
| Alger County | $219,882 | +7.8% | 0.94% |
| Branch County | $206,792 | +4.6% | 1.16% |
| Ingham County | $223,411 | +2.5% | 1.83% |
| Delta County | $203,915 | +9.1% | 1.13% |
| Jackson County | $224,556 | +2.6% | 1.26% |
| Missaukee County | $225,043 | +7.4% | 0.98% |
| Kalkaska County | $225,055 | +0.2% | 0.87% |
Frequently asked questions
What is the average home price in Hillsdale County, MI?
The typical home value in Hillsdale County is $213,833 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hillsdale County?
About $61,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hillsdale County?
The median effective rate is 0.99% of home value a year (Census ACS 2024 5-year estimates).