Hillsdale Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Hillsdale averaged 6.68% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

    The average rate for the prior week (2025-03-27) was 6.99% and one month ago for the week of 2025-02-27, the average rate was 6.9%.

    Hillsdale's average rate one year ago was 6.83%.

    For refis of the same type during the week of 2025-04-03, the average rate was 6.54%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-03 6.64%
    Hillsdale 30 Year Fixed Rate 2025-04-03 6.68%
    Hillsdale 30 Year Fixed Rate Refi 2025-04-03 6.54%
    Hillsdale 15 Year Fixed Rate 2025-04-03 5.82%
    Hillsdale 15 Year Fixed Rate Refi 2025-04-03 6.22%
    Hillsdale 30 Year FHA 2025-04-03 6.24%
    Hillsdale 30 Year FHA Refi 2025-04-03 6.36%
    Hillsdale 30 Year USDA 2025-04-03 6.52%
    Hillsdale 30 Year USDA Refi 2025-04-03 6.32%
    Hillsdale 30 Year VA 2025-04-03 5.96%
    Hillsdale 30 Year VA Refi 2025-04-03 6.26%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hillsdale, MI.

    Hillsdale Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Hillsdale, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 36 6.83% $5,782
    CROSSCOUNTRY MORTGAGE, LLC 20 6.87% $5,595
    UNITED WHOLESALE MORTGAGE, LLC 15 7.00% $5,663
    UNION HOME MORTGAGE CORP. 12 7.07% $4,937
    Flagstar Bank, FSB 7 6.87% $3,051
    The Huntington National Bank 7 7.07% $3,995
    RUOFF MORTGAGE COMPANY, INC. 6 6.77% $3,546
    GVC MORTGAGE, INC. 6 6.90% $5,819
    The Dart Bank 4 6.69% $3,102
    JPMorgan Chase Bank 4 6.75% $4,081
    Mortgage Research Center, LLC 4 7.19% $3,231
    First Federal Bank of the Midwest 4 6.56% $3,583
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 6.63% $3,963
    MARSHALL COMMUNITY CREDIT UNION 3 6.67% $439
    NEWREZ LLC 3 7.13% $3,926
    TOWNE MORTGAGE COMPANY 3 6.83% $4,249
    CONSUMERS 3 6.50% $3,243
    Old National Bank 3 7.46% $3,800
    AMERICAN FINANCIAL NETWORK, INC. 3 7.17% $8,362
    The State Bank and Trust Company 3 6.96% $4,547
    Wells Fargo Bank 3 6.42% $4,721
    Mercantile Bank of Michigan 2 7.06% $3,479
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 2 7.19% $3,589
    First Merchants Bank 2 6.44% $3,664
    DFCU FINANCIAL 2 6.81% $4,011
    OAK MORTGAGE, LLC 2 6.31% $3,817
    PENNYMAC LOAN SERVICES, LLC 2 6.87% $8,996
    PNC Bank 2 6.44% $4,240
    GUARANTEED RATE, INC. 2 6.90% $5,259
    Citizens Bank 2 6.44% $5,373
    STAUNTON FINANCIAL, INC. 2 6.81% $5,480
    Honor Credit Union 2 6.50% $2,727
    BROKER SOLUTIONS, INC. 2 7.38% $5,202
    Independent Bank 2 6.56% $4,253
    The Loan Store, Inc. 2 7.38% $9,936
    LOANDEPOT.COM, LLC 2 6.75% $5,677
    ZILLOW HOME LOANS, LLC 1 7.00% $3,436
    AMERICAN FINANCING CORPORATION 1 6.63% $5,396
    Ameris Bank 1 7.63% $3,206
    ARBOR FINANCIAL CREDIT UNION 1 6.88% $4,244
    CHURCHILL MORTGAGE CORPORATION 1 6.63% $4,046
    Comerica Bank 1 6.99% $2,105
    CONTOUR MORTGAGE CORPORATION 1 7.00% $6,283
    Directions Credit Union, Inc. 1 6.00% $3,167
    Discover Bank 1 7.17% $0
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.63% $8,725
    Farmers State Bank 1 6.79% $3,485
    Fifth Third Bank 1 7.38% $5,682
    GENISYS 1 6.25% $3,392
    GUILD MORTGAGE COMPANY 1 7.50% $3,878
    Horizon Bank 1 7.13% $2,170
    KeyBank 1 6.38% $4,197
    LAKE MICHIGAN CREDIT UNION 1 6.87% $3,539
    LAND HOME FINANCIAL SERVICES, INC. 1 7.13% $5,928
    MICHIGAN FIRST CREDIT UNION 1 6.88% $4,437
    MORTGAGE 1 INCORPORATED 1 6.13% $2,700
    MORTGAGE CENTER L.C 1 6.50% $3,009
    Mr. Cooper ( Nationstar Mortgage ) 1 6.63% $6,160
    NAVY FEDERAL CREDIT UNION 1 6.88% $2,058
    ProFed Federal Credit Union 1 5.88% $2,961
    Raymond James Bank 1 5.88% $2,298
    ROYAL UNITED MORTGAGE LLC 1 7.00% $8,696
    Stifel Bank and Trust 1 6.50% $4,406
    Superior Credit Union, Inc. 1 6.38% $3,303
    The Farmers & Merchants State Bank 1 6.63% $2,820
    The State Bank 1 6.00% $2,766
    TLC COMMUNITY Credit Union 1 6.25% $3,187
    Union Savings Bank 1 7.00% $2,114
    VAN DYK MORTGAGE CORPORATION 1 6.63% $7,441
    Waterstone Mortgage Corporation 1 7.63% $4,047
    WesBanco 1 6.38% $3,428
    ALLIED MORTGAGE GROUP, INC. 1 6.88% $3,105

    Hillsdale Average Closing Costs & Other Stats

    Hillsdale, MI's 72 lenders originated 762 loans during 2024. The total origination value was $122,890,000, with an average loan value of $161,273.

    Hillsdale's average closing costs are $4,287.

    The top Hillsdale lender as defined by loan originations is QUICKEN LOANS, LLC, with 36 loans originated. Their average total fees are $5,782, which is $187 higher than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

    The lowest fee Hillsdale lenders (with over 10 loans originated) are UNION HOME MORTGAGE CORP. ($4,937), CROSSCOUNTRY MORTGAGE, LLC ($5,595), UNITED WHOLESALE MORTGAGE, LLC ($5,663), QUICKEN LOANS, LLC ($5,782) and .

    The lowest rate Hillsdale lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.83%), CROSSCOUNTRY MORTGAGE, LLC (6.87%), UNITED WHOLESALE MORTGAGE, LLC (7.00%), UNION HOME MORTGAGE CORP. (7.07%) and .

    Hillsdale, MI Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    QUICKEN LOANS, LLC $10,475,000 $13,540,000 29.3% 11.0%
    County National Bank $11,900,000 $10,960,000 -7.9% 8.9%
    Southern Michigan Bank & Trust $7,715,000 $8,980,000 16.4% 7.3%
    UNION HOME MORTGAGE CORP. $4,340,000 $6,220,000 43.3% 5.1%
    UNITED WHOLESALE MORTGAGE, LLC $4,195,000 $5,670,000 35.2% 4.6%
    CROSSCOUNTRY MORTGAGE, LLC $2,025,000 $5,400,000 166.7% 4.4%
    The Huntington National Bank $4,290,000 $4,085,000 -4.8% 3.3%
    Mortgage Research Center, LLC $3,665,000 $3,285,000 -10.4% 2.7%
    Flagstar Bank, FSB $2,165,000 $3,025,000 39.7% 2.5%
    Old National Bank $545,000 $2,525,000 363.3% 2.1%
    GVC MORTGAGE, INC. $1,935,000 $2,485,000 28.4% 2.0%
    First Federal Bank of the Midwest $1,500,000 $2,185,000 45.7% 1.8%
    The Dart Bank $2,180,000 $1,815,000 -16.7% 1.5%
    GreenStone Farm Credit Services, FLCA $1,620,000 $1,810,000 11.7% 1.5%
    Fifth Third Bank $2,310,000 $1,750,000 -24.2% 1.4%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $395,000 $1,550,000 292.4% 1.3%
    JPMorgan Chase Bank $125,000 $1,445,000 1,056.0% 1.2%
    COMMUNITY CHOICE CREDIT UNION $1,365,000 $1,430,000 4.8% 1.2%
    LOANDEPOT.COM, LLC $260,000 $1,350,000 419.2% 1.1%
    LAKE MICHIGAN CREDIT UNION $670,000 $1,250,000 86.6% 1.0%
    PNC Bank $765,000 $1,235,000 61.4% 1.0%
    Homestead Savings Bank $1,020,000 $1,230,000 20.6% 1.0%
    RUOFF MORTGAGE COMPANY, INC. $1,500,000 $1,140,000 -24.0% 0.9%
    FREEDOM MORTGAGE CORPORATION $400,000 $1,105,000 176.3% 0.9%
    AMERICAN FINANCIAL NETWORK, INC. $1,065,000 n/a 0.9%
    PENNYMAC LOAN SERVICES, LLC $320,000 $1,045,000 226.6% 0.9%
    The Loan Store, Inc. $1,020,000 n/a 0.8%
    CONSUMERS $160,000 $1,005,000 528.1% 0.8%
    MARSHALL COMMUNITY CREDIT UNION $570,000 $990,000 73.7% 0.8%
    American 1 Credit Union $325,000 $950,000 192.3% 0.8%
    MORTGAGE 1 INCORPORATED $1,910,000 $950,000 -50.3% 0.8%
    NAVY FEDERAL CREDIT UNION $920,000 n/a 0.7%
    TLC COMMUNITY Credit Union $995,000 $920,000 -7.5% 0.7%
    First Merchants Bank $130,000 $885,000 580.8% 0.7%
    Independent Bank $105,000 $885,000 742.9% 0.7%
    The State Bank and Trust Company $395,000 $865,000 119.0% 0.7%
    Citizens Bank $415,000 $850,000 104.8% 0.7%
    DFCU FINANCIAL $1,295,000 $800,000 -38.2% 0.7%
    Directions Credit Union, Inc. $425,000 $705,000 65.9% 0.6%
    TOWNE MORTGAGE COMPANY $370,000 $660,000 78.4% 0.5%
    Wells Fargo Bank $145,000 $630,000 334.5% 0.5%
    NEWREZ LLC $145,000 $580,000 300.0% 0.5%
    TRIAD FINANCIAL SERVICES, INC. $120,000 $580,000 383.3% 0.5%
    Mercantile Bank of Michigan $560,000 n/a 0.5%
    ARBOR FINANCIAL CREDIT UNION $520,000 n/a 0.4%
    NEW DAY FINANCIAL, LLC $515,000 n/a 0.4%
    STAUNTON FINANCIAL, INC. $885,000 $505,000 -42.9% 0.4%
    First Savings Bank $500,000 n/a 0.4%
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $795,000 $485,000 -39.0% 0.4%
    MICHIGAN FIRST CREDIT UNION $475,000 n/a 0.4%
    Carrington Mortgage Services, LLC $465,000 $465,000 0.0% 0.4%
    The Old Fort Banking Company $465,000 n/a 0.4%
    OAK MORTGAGE, LLC $1,395,000 $445,000 -68.1% 0.4%
    The Federal Savings Bank $440,000 n/a 0.4%
    GENISYS $415,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $945,000 $410,000 -56.6% 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $410,000 n/a 0.3%
    LAND HOME FINANCIAL SERVICES, INC. $405,000 n/a 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $395,000 n/a 0.3%
    The Farmers & Merchants State Bank $450,000 $390,000 -13.3% 0.3%
    Barrington Bank & Trust Company, N.A. $480,000 $380,000 -20.8% 0.3%
    CHURCHILL MORTGAGE CORPORATION $435,000 $380,000 -12.6% 0.3%
    GUILD MORTGAGE COMPANY $365,000 n/a 0.3%
    LENDINGHOME FUNDING CORPORATION $365,000 n/a 0.3%
    Magnolia Bank $360,000 n/a 0.3%
    SUN WEST MORTGAGE COMPANY, INC. $335,000 n/a 0.3%
    Comerica Bank $415,000 $325,000 -21.7% 0.3%
    Honor Credit Union $750,000 $325,000 -56.7% 0.3%
    Superior Credit Union, Inc. $245,000 $315,000 28.6% 0.3%
    GUARANTEED RATE, INC. $125,000 $310,000 148.0% 0.3%
    TOP FLITE FINANCIAL, INC. $295,000 n/a 0.2%
    Presidential Bank, FSB $285,000 n/a 0.2%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $275,000 n/a 0.2%
    VAN DYK MORTGAGE CORPORATION $275,000 n/a 0.2%
    Waterstone Mortgage Corporation $320,000 $275,000 -14.1% 0.2%
    Farmers State Bank $255,000 $260,000 2.0% 0.2%
    Figure Lending LLC $470,000 $260,000 -44.7% 0.2%
    ProFed Federal Credit Union $245,000 n/a 0.2%
    CARDINAL FINANCIAL $170,000 $235,000 38.2% 0.2%
    Raymond James Bank $235,000 n/a 0.2%
    Coastal Community Bank $215,000 n/a 0.2%
    ALLIED MORTGAGE GROUP, INC. $205,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $160,000 $190,000 18.8% 0.2%
    Horizon Bank $95,000 $190,000 100.0% 0.2%
    Stifel Bank and Trust $185,000 n/a 0.2%
    WesBanco $185,000 n/a 0.2%
    CONTOUR MORTGAGE CORPORATION $175,000 n/a 0.1%
    Residential Mortgage Solutions, Inc. $175,000 n/a 0.1%
    Mr. Cooper ( Nationstar Mortgage ) $420,000 $170,000 -59.5% 0.1%
    ROYAL UNITED MORTGAGE LLC $505,000 $170,000 -66.3% 0.1%
    Equity Prime Mortgage LLC $165,000 n/a 0.1%
    KeyBank $385,000 $165,000 -57.1% 0.1%
    Logan Finance Corporation $165,000 n/a 0.1%
    Three Rivers Federal Credit Union $55,000 $155,000 181.8% 0.1%
    Zeal Credit Union $65,000 $155,000 138.5% 0.1%
    Ameris Bank $145,000 n/a 0.1%
    MORTGAGE CENTER L.C $45,000 $145,000 222.2% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $85,000 $145,000 70.6% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $135,000 n/a 0.1%
    Discover Bank $190,000 $135,000 -28.9% 0.1%
    The State Bank $135,000 n/a 0.1%
    Sturgis Bank & Trust Company $55,000 $130,000 136.4% 0.1%
    ZILLOW HOME LOANS, LLC $125,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $115,000 n/a 0.1%
    MEMBER FIRST MORTGAGE, LLC $115,000 n/a 0.1%
    Union Savings Bank $185,000 $115,000 -37.8% 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $365,000 $115,000 -68.5% 0.1%
    MICHIGAN SCHOOLS AND GOVERNMENT $80,000 $110,000 37.5% 0.1%
    EQUITY RESOURCES, INC. $740,000 $105,000 -85.8% 0.1%
    SPRING EQ, LLC $45,000 $105,000 133.3% 0.1%
    Kellogg Community Credit Union $95,000 n/a 0.1%
    MIDWEST AMERICA $105,000 $95,000 -9.5% 0.1%
    Ally Bank $75,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $75,000 n/a 0.1%
    SUN Federal Credit Union $220,000 $65,000 -70.5% 0.1%
    CREDIT UNION ONE $140,000 $55,000 -60.7% 0.0%
    Frankenmuth Credit Union $55,000 n/a 0.0%
    UNIVERSITY OF MICHIGAN CREDIT UNION $45,000 n/a 0.0%
    ADVIA $55,000 $35,000 -36.4% 0.0%
    PLANET HOME LENDING, LLC $55,000 $35,000 -36.4% 0.0%
    Third Federal Savings and Loan Association of Cleveland $25,000 n/a 0.0%

    Hillsdale's top lender by overall market share is QUICKEN LOANS, LLC, with 11.0% market share. In second place, with 8.9%, is County National Bank, having originated $10,960,000 in loans. In third place, with 7.3%, is Southern Michigan Bank & Trust, having originated $8,980,000 in loans. In fourth place, with 5.1%, is UNION HOME MORTGAGE CORP., having originated $6,220,000 in loans. In fifth place, with 4.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $5,670,000 in loans.

    Hillsdale Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Hillsdale (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $141,900 (-3.0%) $167,164 (-7.3%) 0.00 156
    2018-02-01 $140,400 (-0.9%) $169,808 (-5.3%) 0.00 152
    2018-03-01 $139,900 (-0.4%) $170,638 (-5.3%) 0.00 158
    2018-04-01 $139,900 (-3.5%) $166,582 (-7.1%) 0.00 163
    2018-05-01 $139,900 (-1.4%) $165,250 (-6.8%) 0.00 164
    2018-06-01 $149,250 (7.0%) $177,599 (3.9%) 0.00 171
    2018-07-01 $149,500 (10.7%) $182,564 (11.9%) 0.00 191
    2018-08-01 $144,900 (4.2%) $176,910 (10.4%) 0.00 204
    2018-09-01 $144,900 (3.6%) $176,403 (9.1%) 0.00 217
    2018-10-01 $139,900 (2.9%) $173,676 (7.6%) 0.00 206
    2018-11-01 $142,400 (1.8%) $168,298 (0.4%) 0.00 199
    2018-12-01 $145,200 (1.7%) $169,999 (1.7%) 0.00 171
    2019-01-01 $130,400 (-8.1%) $157,791 (-5.6%) 0.00 149
    2019-02-01 $133,425 (-5.0%) $163,678 (-3.6%) 0.00 131
    2019-03-01 $143,471 (2.6%) $179,413 (5.1%) 0.00 132
    2019-04-01 $153,471 (9.7%) $195,553 (17.4%) 0.00 137
    2019-05-01 $165,400 (18.2%) $205,146 (24.1%) 0.00 153
    2019-06-01 $169,900 (13.8%) $208,325 (17.3%) 0.00 166
    2019-07-01 $161,450 (8.0%) $199,865 (9.5%) 0.00 181
    2019-08-01 $159,123 (9.8%) $197,124 (11.4%) 0.00 185
    2019-09-01 $159,307 (9.9%) $195,879 (11.0%) 0.00 188
    2019-10-01 $159,675 (14.1%) $195,048 (12.3%) 0.00 187
    2019-11-01 $164,900 (15.8%) $192,054 (14.1%) 0.00 178
    2019-12-01 $162,500 (11.9%) $185,448 (9.1%) 0.00 157
    2020-01-01 $159,950 (22.7%) $182,842 (15.9%) 0.00 130
    2020-02-01 $159,900 (19.8%) $184,790 (12.9%) 0.00 126
    2020-03-01 $164,350 (14.6%) $194,252 (8.3%) 0.00 124
    2020-04-01 $160,575 (4.6%) $193,323 (-1.1%) 0.00 118
    2020-05-01 $160,950 (-2.7%) $195,715 (-4.6%) 0.00 120
    2020-06-01 $174,400 (2.7%) $205,786 (-1.2%) 0.00 119
    2020-07-01 $189,450 (17.3%) $213,024 (6.6%) 0.00 116
    2020-08-01 $175,000 (10.0%) $207,013 (5.0%) 0.00 103
    2020-09-01 $194,700 (22.2%) $226,886 (15.8%) 0.00 83
    2020-10-01 $199,900 (25.2%) $238,571 (22.3%) 0.00 77
    2020-11-01 $169,900 (3.0%) $218,472 (13.8%) 0.00 78
    2020-12-01 $164,975 (1.5%) $207,789 (12.1%) 0.00 78
    2021-01-01 $156,500 (-2.2%) $199,972 (9.4%) 0.00 70
    2021-02-01 $147,450 (-7.8%) $191,527 (3.7%) 0.00 57
    2021-03-01 $156,500 (-4.8%) $206,417 (6.3%) 0.00 44
    2021-04-01 $164,450 (2.4%) $221,553 (14.6%) 0.00 44
    2021-05-01 $189,900 (18.0%) $231,983 (18.5%) 0.00 46
    2021-06-01 $197,400 (13.2%) $242,533 (17.9%) 0.00 48
    2021-07-01 $174,900 (-7.7%) $228,241 (7.1%) 0.00 60
    2021-08-01 $183,425 (4.8%) $233,944 (13.0%) 0.00 51
    2021-09-01 $178,650 (-8.2%) $229,734 (1.3%) 0.00 59
    2021-10-01 $167,900 (-16.0%) $235,017 (-1.5%) 0.00 60
    2021-11-01 $163,675 (-3.7%) $227,087 (3.9%) 0.00 65
    2021-12-01 $157,900 (-4.3%) $218,285 (5.1%) 0.00 64
    2022-01-01 $152,900 (-2.3%) $218,494 (9.3%) 0.00 55
    2022-02-01 $165,750 (12.4%) $235,730 (23.1%) 0.00 40
    2022-03-01 $194,950 (24.6%) $271,447 (31.5%) 0.00 42
    2022-04-01 $215,000 (30.7%) $311,794 (40.7%) 0.00 42
    2022-05-01 $224,950 (18.5%) $306,669 (32.2%) 0.00 56
    2022-06-01 $217,000 (9.9%) $308,767 (27.3%) 0.00 76
    2022-07-01 $195,000 (11.5%) $282,257 (23.7%) 0.00 87
    2022-08-01 $189,900 (3.5%) $263,606 (12.7%) 0.00 99
    2022-09-01 $201,050 (12.5%) $278,766 (21.3%) 0.00 92
    2022-10-01 $199,997 (19.1%) $278,820 (18.6%) 0.00 89
    2022-11-01 $205,300 (25.4%) $279,251 (23.0%) 0.00 87
    2022-12-01 $214,500 (35.9%) $281,807 (29.1%) 0.00 77
    2023-01-01 $207,400 (35.6%) $284,802 (30.4%) 0.00 63
    2023-02-01 $222,400 (34.2%) $299,873 (27.2%) 0.00 53
    2023-03-01 $228,650 (17.3%) $249,706 (-8.0%) 0.00 52
    2023-04-01 $239,900 (11.6%) $256,925 (-17.6%) 0.00 49
    2023-05-01 $259,925 (15.6%) $277,480 (-9.5%) 0.00 53
    2023-06-01 $253,675 (16.9%) $313,635 (1.6%) 0.00 63
    2023-07-01 $249,900 (28.2%) $303,509 (7.5%) 0.00 70
    2023-08-01 $248,000 (30.6%) $295,278 (12.0%) 0.00 76
    2023-09-01 $259,000 (28.8%) $313,730 (12.5%) 0.00 92
    2023-10-01 $249,900 (25.0%) $306,873 (10.1%) 0.00 102
    2023-11-01 $229,900 (12.0%) $316,245 (13.3%) 0.00 97
    2023-12-01 $225,000 (4.9%) $320,517 (13.7%) 0.00 90
    2024-01-01 $232,450 (12.1%) $332,914 (16.9%) 0.00 78
    2024-02-01 $251,175 (12.9%) $335,262 (11.8%) 0.00 69
    2024-03-01 $259,900 (13.7%) $344,225 (37.9%) 0.00 67
    2024-04-01 $292,450 (21.9%) $368,702 (43.5%) 0.00 73
    2024-05-01 $296,850 (14.2%) $343,423 (23.8%) 0.00 91
    2024-06-01 $284,900 (12.3%) $323,436 (3.1%) 0.00 101
    2024-07-01 $299,000 (19.7%) $342,649 (12.9%) 0.00 104
    2024-08-01 $272,400 (9.8%) $323,405 (9.5%) 0.00 109
    2024-09-01 $267,400 (3.2%) $311,762 (-0.6%) 0.00 124
    2024-10-01 $261,150 (4.5%) $316,296 (3.1%) 0.00 130
    2024-11-01 $262,500 (14.2%) $315,079 (-0.4%) 0.00 124
    2024-12-01 $263,750 (17.2%) $318,237 (-0.7%) 0.00 115
    2025-01-01 $257,400 (10.7%) $307,113 (-7.8%) 0.00 111
    2025-02-01 $257,500 (2.5%) $313,725 (-6.4%) 0.00 108
    2025-03-01 $275,000 (5.8%) $327,997 (-4.7%) 0.00 109
    Hillsdale's median listing price for 2025-03-01 was $275,000, a difference of $15,100 (5.8%) versus the prior year and $17,500 versus the prior month.

    Hillsdale's median listing price comes in at 0% of the national average.

    Hillsdale's average listing price for 2025-03-01 was $327,997, a difference of $-16,228 (-4.7%) versus the prior year and $14,272 versus the prior month.

    For the 2025-03-01 period, Hillsdale had 109 MLS listings, a difference of 1 listings (1%) versus the prior month and 42 listings (63%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Hillsdale (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,630 sqft
    2018-02-01 0 days 1,680 sqft
    2018-03-01 0 days 1,600 sqft
    2018-04-01 0 days 1,628 sqft
    2018-05-01 0 days 1,673 sqft
    2018-06-01 0 days 1,594 sqft
    2018-07-01 0 days 1,515 sqft
    2018-08-01 0 days 1,512 sqft
    2018-09-01 0 days 1,536 sqft
    2018-10-01 0 days 1,616 sqft
    2018-11-01 0 days 1,602 sqft
    2018-12-01 0 days 1,655 sqft
    2019-01-01 0 days 1,646 sqft
    2019-02-01 0 days 1,635 sqft
    2019-03-01 0 days 1,638 sqft
    2019-04-01 0 days 1,654 sqft
    2019-05-01 0 days 1,743 sqft
    2019-06-01 0 days 1,757 sqft
    2019-07-01 0 days 1,684 sqft
    2019-08-01 0 days 1,697 sqft
    2019-09-01 0 days 1,741 sqft
    2019-10-01 0 days 1,775 sqft
    2019-11-01 0 days 1,772 sqft
    2019-12-01 0 days 1,762 sqft
    2020-01-01 0 days 1,803 sqft
    2020-02-01 0 days 1,719 sqft
    2020-03-01 0 days 1,740 sqft
    2020-04-01 0 days 1,773 sqft
    2020-05-01 0 days 1,790 sqft
    2020-06-01 0 days 1,779 sqft
    2020-07-01 0 days 1,872 sqft
    2020-08-01 0 days 1,650 sqft
    2020-09-01 0 days 1,648 sqft
    2020-10-01 0 days 1,746 sqft
    2020-11-01 0 days 1,622 sqft
    2020-12-01 0 days 1,683 sqft
    2021-01-01 0 days 1,649 sqft
    2021-02-01 0 days 1,598 sqft
    2021-03-01 0 days 1,519 sqft
    2021-04-01 0 days 1,528 sqft
    2021-05-01 0 days 1,650 sqft
    2021-06-01 0 days 1,667 sqft
    2021-07-01 0 days 1,664 sqft
    2021-08-01 0 days 1,600 sqft
    2021-09-01 0 days 1,586 sqft
    2021-10-01 0 days 1,650 sqft
    2021-11-01 0 days 1,665 sqft
    2021-12-01 0 days 1,677 sqft
    2022-01-01 0 days 1,588 sqft
    2022-02-01 0 days 1,562 sqft
    2022-03-01 0 days 1,645 sqft
    2022-04-01 0 days 1,650 sqft
    2022-05-01 0 days 1,637 sqft
    2022-06-01 0 days 1,702 sqft
    2022-07-01 0 days 1,721 sqft
    2022-08-01 0 days 1,720 sqft
    2022-09-01 0 days 1,673 sqft
    2022-10-01 0 days 1,748 sqft
    2022-11-01 0 days 1,742 sqft
    2022-12-01 0 days 1,747 sqft
    2023-01-01 0 days 1,658 sqft
    2023-02-01 0 days 1,705 sqft
    2023-03-01 0 days 1,778 sqft
    2023-04-01 0 days 1,768 sqft
    2023-05-01 0 days 1,768 sqft
    2023-06-01 0 days 1,843 sqft
    2023-07-01 0 days 1,800 sqft
    2023-08-01 0 days 1,779 sqft
    2023-09-01 0 days 1,818 sqft
    2023-10-01 0 days 1,718 sqft
    2023-11-01 0 days 1,674 sqft
    2023-12-01 0 days 1,646 sqft
    2024-01-01 0 days 1,701 sqft
    2024-02-01 0 days 1,713 sqft
    2024-03-01 0 days 1,720 sqft
    2024-04-01 0 days 1,810 sqft
    2024-05-01 0 days 1,767 sqft
    2024-06-01 0 days 1,747 sqft
    2024-07-01 0 days 1,745 sqft
    2024-08-01 0 days 1,724 sqft
    2024-09-01 0 days 1,688 sqft
    2024-10-01 0 days 1,679 sqft
    2024-11-01 0 days 1,680 sqft
    2024-12-01 0 days 1,732 sqft
    2025-01-01 0 days 1,766 sqft
    2025-02-01 0 days 1,812 sqft
    2025-03-01 0 days 1,930 sqft
    Hillsdale's median listing age (time on market) for 2025-03-01 was 0 days.

    Hillsdale's median square footage for active listings during the 2025-03-01 period was 1,930 sqft. One year prior, the average listing was 1,720 sqft.

    Hillsdale, MI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 420 $83,330,000 $198,405
    Cash Out Refi 126 $17,510,000 $138,968
    Home Improvement 84 $6,020,000 $71,667
    Refi 71 $11,455,000 $161,338
    Other 61 $4,575,000 $75,000

    Hillsdale's most frequently cited loan purpose was Home Purchase, with 420 originations. The 2nd most popular reason was Cash Out Refi, with 126 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 272 $51,500,000 $189,338
    7-8% 150 $25,430,000 $169,533
    Over 8% 139 $10,765,000 $77,446
    5-6% 56 $10,910,000 $194,821
    4-5% 4 $750,000 $187,500
    <2.5% 2 $10,000 $5,000

    During 2024, Hillsdale's most frequently originated rate bucket was 6-7%, with 272 originations.

    Loan Sizing (Hillsdale, MI MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 310 $45,930,000 $148,161
    $100,000 or less 258 $15,110,000 $58,566
    $200k-400k 154 $41,440,000 $269,091
    $400k-600k 34 $15,470,000 $455,000
    $600k-1000k 5 $3,425,000 $685,000
    $Over $1MM 1 $1,515,000 $1,515,000

    Hillsdale's loan sizing saw the bucket of loans from $100k-200k with 310 originations, totaling $45,930,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 263 $51,155,000 $194,506
    60-80% 117 $25,315,000 $216,368
    20-40% 98 $8,380,000 $85,510
    Under 20% 78 $2,900,000 $37,179
    40-60% 62 $8,670,000 $139,839
    Over 100% 3 $885,000 $295,000

    Hillsdale's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 263 originations, totaling $51,155,000 in origination value.