Hartford, MI—49057
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hartford, MI
Hartford, MI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $164,000 | -6.9% |
| Single Family | $164,000 | -6.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $190,000 | -3.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hartford, MI
As of July '25, Rentcast reports the average rent in Hartford, MI is $670, with a year-over-year rent change of -10.7%. Per bedroom, the median rent as of July '25 in Hartford, MI is studios: $500, 3-bedrooms: $840. The most common rental property sizes in Hartford, MI are 2-bedroom and 1-bedroom, accounting for 37.3% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $500 | $670 |
| Studio Rent | $500 | $500 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $840 | $840 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hartford, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Hartford, MI is 40. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $226,000 | 14.0% |
Listing Count | 18 | -12.0% |
| Listings as % of Homes | 0.3% | -12.0% |
Days on Market | 40 | 16.0% |
Demographics — Hartford, MI
As of the latest ACS Survey released in 2023, Hartford, MI has a population of 6,400, which has decreased by -2.1% over the past 5 years. Hartford, MI is a popular place for families, as children make up 29.4% of the population. The area has a poorly educated workforce, with 10.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,400 | -2.1% |
% Under 18 | 29.4% | 0.0% |
% Seniors | 13.1% | 2.3% |
% WFH | 4.2% | 13.5% |
% w/ College Degree | 10.3% | 33.8% |
As of the latest ACS Survey released in 2023, Hartford, MI is a predominantly white area, with 61.6% of the population identifying as white. The white population has shrunk by 11.4% in the last 5 years. The second most common race or ethnicity in Hartford, MI is hispanic, making up 33.6% of the population. Foreign-born residents account for 9.1% of the population in Hartford, MI, and this percentage has decreased by 2.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.6% | -11.4% |
% Black | 1.9% | 216.7% |
% Hispanic | 33.6% | 31.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 9.1% | -2.2% |
Mortgage and Risk — Hartford, MI
According to HUD data as of 2023, there were 50 mortgage originations in Hartford, MI, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Hartford, MI. Investor activity is low, as 0.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 26.0% |
Loan Activity
Rentals and Section 8 — Hartford, MI
Hartford, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 52 |
Total Units Section 8 | 53 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 91.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | $370 | $840 | $1,210 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Hartford, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $164,000 |
| Median Household Income | $56,400 |