Market Intelligence Report — MI-880

Hillsdale, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-08
As of the latest 2026 data
Cooling

Median Listing

$320K
-8.6% YoY

Pending Ratio

0.43
+1.4% YoY

Active Inventory

131
-1.5% YoY

Median DOM

58 Days
+23.4% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Hillsdale market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Hillsdale, MI.

Free ReportNo Sign-up~60 Seconds

The Hillsdale market is cooling, characterized by a pending ratio of 0.43, indicating absorption is moderate relative to available inventory. Median listing prices have experienced a significant year-over-year contraction of 8.6%, signaling a period of price adjustments.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Hillsdale market right now.

Active listings have remained relatively stable over the past year, declining marginally by 1.5%. However, new listings saw a more notable decrease of 13.3% year-over-year. The median days on market increased by 23.4% annually, suggesting a slower pace of transactions, while the share of price-reduced listings rose by 3.6% over the same period. The pending ratio saw a slight year-over-year increase of 1.4%.

Historical Analysis

Market Trends

Median Price

$320K-5.3% MoM

Active Inventory

131-1.5% YoY

Days on Market

58+23.4% YoY

Sold Score™

58+1.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

58
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current dynamics suggest that demand absorption is moderate relative to available supply, allowing for greater negotiation latitude on behalf of prospective purchasers. The extended days on market and increasing price reduction activity indicate that sellers may need to demonstrate greater price discipline to facilitate transactions, reflecting reduced urgency in the market.

Luxury Segment

The average listing price, at $353,666, exceeds the median listing price of $319,900. While median $/sqft declined by 8.6% year-over-year, this dataset does not provide sufficient granular detail on the highest price tiers to draw a distinct luxury-segment conclusion. No distinct luxury-segment signal in this dataset.

Supply Dynamics

131 active listings represent the current floor, with new supply arriving at roughly 52 per month.

Pricing Pressure
23.0%

of active listings carry a price reduction, +3.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -8.6% year-over-year.

Absorption
0.43

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Hillsdale, MI? Homes here are taking 11 days longer to sell than last year.

Hillsdale, MI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
43%
Median Days on Market
58 days
Inventory YoY
−2%

Hillsdale, MI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score

Prefer the data first? Get the monthly Hillsdale, MI briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Hillsdale, MI yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Hillsdale market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Hillsdale, MI
CBSA Code
25880
State
MI
Analysis FAQ
  • What is the current market condition in Hillsdale?+

    As of the latest 2026 data, the Hillsdale metro is classified as Cooling. Pending ratio is 0.43 with median days on market at 58.

  • Are home prices dropping in Hillsdale?+

    Median listing price is $320K, -8.6% year over year. 23.0% of active listings carry a price reduction.

  • How fast are homes selling in Hillsdale?+

    The typical listing sits 58 days on market, a +23.4% change YoY. New listings are arriving at 52 per month.

  • What's happening in the Hillsdale luxury market?+

    The average listing price, at $353,666, exceeds the median listing price of $319,900. While median $/sqft declined by 8.6% year-over-year, this dataset does not provide sufficient granular detail on the highest price tiers to draw a distinct luxury-segment conclusion. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Hillsdale real estate expert?+

    Primpted maintains a vetted registry of Hillsdale agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 25880 · 36mo history