MI area data
Hope, MI
Hope, MI.
Population: 2,076 (Census ACS)
Home values & appreciation
- Median home value
- $229,005
- 1-year appreciation
- +7.8%
- 3-year appreciation
- +10.2%
- 5-year appreciation
- +16.9%
- 10-year appreciation
- +68.3%
- All-time peak (2026-04)
- $229,909
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- Median sale price
- $647,500
- Median list price
- $189,900
- Median days on market
- 14 days
- Sale-to-list ratio
- 88.2%
- Active listings
- 8
- 1-year forecast
- +3.0%
- New listings (monthly)
- 2
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%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- strongWind, winterWeather, coldWave, hail, inlandFlooding
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 49.0°F
- Average high
- 57.0°F
- Average low
- 40.0°F
- Annual precipitation
- 32.3 in
Walkability & transit
- Walkability index
- 3.5 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Jack Barstow Airport (9 mi)
- Nearest major airport
- MBS International Airport (MBS) (21 mi)
- Hospitals nearby (~15 mi)
- 4
- Avg hospital rating
- 2.7 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- +25 tax filers
Housing stock
- Median year housing built
- 1,983
- Median annual property tax
- $3,154
- Mean commute to work
- 25 min
- Households with broadband internet
- 67.9%
Employment & development
- Total county employment
- 34,941
- Average weekly wage
- $1,375
- Top industries (by employment)
- Health Care, Management, Administrative Services
- Annual residential building permits (county)
- 103
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 →