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MI area data

Hermansville, MI

Hermansville, MI.

Population: 1,083 (Census ACS)

Home values & appreciation

Median home value
$168,774
1-year appreciation
+6.3%
3-year appreciation
+17.5%
All-time peak (2026-07)
$168,774
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$54,350
Median list price
$169,450
Median days on market
153 days
Sale-to-list ratio
92.3%
Active listings
1
1-year forecast
+3.9%

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, lightning
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
31.7 in

Walkability & transit

Walkability index
4.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Shangrila Airport (13 mi)
Nearest major airport
Ford Airport (IMT) (24 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
4.5 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+29 tax filers

Housing stock

Median year housing built
1,970
Median annual property tax
$1,063
Mean commute to work
28 min
Households with broadband internet
48.7%

Employment & development

Total county employment
5,193
Average weekly wage
$901
Top industries (by employment)
Accommodation & Food, Wholesale Trade, Other Services
Annual residential building permits (county)
26

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents