37Alpha

Hillsdale, MI metro area Housing Market Brief

metro · MI · as of August 2026

Buyer's

What is Hillsdale, MI metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-40.924
Inventory Health25%
+13.360
Affordability20%
-1.350
Economic Strength20%
19
Rental Yield15%
-1.824

Where is Hillsdale, MI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Hillsdale, MI metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Hillsdale, MI metro area?

Our model forecasts Hillsdale, MI metro area’s home prices to decline about 2.9% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Hillsdale, MI metro area housing market data

MetricValueYoY
Median Sale Price$282K▲ +3.4%
Median Days on Market64 days▲ +45.5%
Months of Supply3.60%
Homes for Sale168▲ +1.8%
Homes Sold480%
Median Price / Sq Ft$175▲ +0.7%

How has Hillsdale, MI metro area’s Alpha Score moved?

Now: 37
12-period trend
Median sale price · 12 mo

Markets like Hillsdale, MI metro area

Frequently asked questions

Is Hillsdale, MI metro area a buyer's or seller's market?

As of August 2026, Hillsdale, MI metro area is classified as a Buyer's Market, based on its Alpha Score of 37 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Hillsdale, MI metro area?

The median sale price in Hillsdale, MI metro area is $282K, having risen 3.4% over the past year.

How affordable is Hillsdale, MI metro area?

Hillsdale, MI metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Hillsdale, MI metro area's Alpha Score?

Hillsdale, MI metro area's strongest dimension is Inventory Health (60/100) and its weakest is Economic Strength (19/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Hillsdale, MI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.