Hillsdale, MI Metro Area - Investment Guide
Metro Area • 11 Cities • 11 ZIP Codes
Avg Home Value
$211,909
Avg Monthly Rent
$942
Avg Cap Rate
3.58%
Avg Investability
3.0 ★
Cities
11
ZIP Codes
11
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Market Trends
Metro Home Value History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Hillsdale, MI Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
10.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Hillsdale, MI
Every ZIP in the metro, ranked four ways. Free.
Cities in Hillsdale, MI
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 49232 | Camden | MI | $256,374 | $918 | 2.79% | |
| 49262 | North Adams | MI | $181,764 | $1,035 | 4.44% | |
| 49266 | Osseo | MI | $202,977 | $891 | 3.42% | |
| 49242 | Hillsdale | MI | $205,662 | $891 | 3.38% | |
| 49249 | Jerome | MI | $301,227 | $1,017 | 2.63% | |
| 49271 | Pittsford | MI | $198,034 | $981 | 3.86% | |
| 49227 | Allen | MI | $197,673 | $873 | 3.44% | |
| 49250 | Jonesville | MI | $212,783 | $936 | 3.43% | |
| 49274 | Reading | MI | $184,887 | $873 | 3.68% | |
| 49288 | Waldron | MI | $144,186 | $1,044 | 5.65% | |
| 49232 | Camden | MI | $235,066 | $918 | 3.05% | |
| 49252 | Litchfield | MI | $191,536 | $900 | 3.67% | |
| 49262 | North Adams | MI | $182,614 | $1,035 | 4.42% | |
| 49242 | Hillsdale | MI | $190,773 | $891 | 3.64% | |
| 49266 | Osseo | MI | $210,601 | $891 | 3.30% | |
| 49249 | Jerome | MI | $283,482 | $1,017 | 2.80% | |
| 49250 | Jonesville | MI | $194,831 | $936 | 3.75% | |
| 49271 | Pittsford | MI | $205,642 | $981 | 3.72% | |
| 49227 | Allen | MI | $215,587 | $873 | 3.16% | |
| 49252 | Litchfield | MI | $175,315 | $900 | 4.00% | |
| 49274 | Reading | MI | $196,986 | $873 | 3.46% | |
| 49288 | Waldron | MI | $151,179 | $1,044 | 5.39% | |
| 49232 | Camden | MI | $255,924 | $918 | 2.80% | |
| 49262 | North Adams | MI | $172,815 | $1,035 | 4.67% | |
| 49266 | Osseo | MI | $191,719 | $891 | 3.62% | |
| 49242 | Hillsdale | MI | $208,327 | $891 | 3.34% | |
| 49249 | Jerome | MI | $304,248 | $1,017 | 2.61% | |
| 49271 | Pittsford | MI | $187,318 | $981 | 4.08% | |
| 49227 | Allen | MI | $199,533 | $873 | 3.41% | |
| 49250 | Jonesville | MI | $214,327 | $936 | 3.41% | |
| 49288 | Waldron | MI | $135,604 | $1,044 | 6.01% | |
| 49232 | Camden | MI | $237,864 | $918 | 3.01% | |
| 49252 | Litchfield | MI | $192,043 | $900 | 3.66% | |
| 49242 | Hillsdale | MI | $191,407 | $891 | 3.63% | |
| 49262 | North Adams | MI | $189,287 | $1,035 | 4.26% | |
| 49266 | Osseo | MI | $211,556 | $891 | 3.29% | |
| 49249 | Jerome | MI | $290,767 | $1,017 | 2.73% | |
| 49250 | Jonesville | MI | $201,737 | $936 | 3.62% | |
| 49271 | Pittsford | MI | $207,675 | $981 | 3.68% | |
| 49227 | Allen | MI | $211,733 | $873 | 3.22% | |
| 49252 | Litchfield | MI | $177,174 | $900 | 3.96% | |
| 49274 | Reading | MI | $194,167 | $873 | 3.51% | |
| 49288 | Waldron | MI | $154,095 | $1,044 | 5.28% | |
| 49232 | Camden | MI | $251,217 | $918 | 2.85% | |
| 49262 | North Adams | MI | $173,610 | $1,035 | 4.65% | |
| 49266 | Osseo | MI | $196,482 | $891 | 3.54% | |
| 49242 | Hillsdale | MI | $201,690 | $891 | 3.45% | |
| 49249 | Jerome | MI | $297,714 | $1,017 | 2.66% | |
| 49271 | Pittsford | MI | $189,456 | $981 | 4.04% | |
| 49227 | Allen | MI | $199,533 | $873 | 3.41% |
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About Hillsdale, MI Real Estate Market
The Hillsdale, MI metropolitan statistical area (MSA) encompasses 11 cities and 11 ZIP codes. The average home value across the metro is $211,909, with an average monthly rent of $942. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.