Hartland, MI—48353
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hartland, MI
As of Oct '25, the median home price in Hartland, MI is $372,000, with a year-over-year change of 5.9%. This indicates that home prices in Hartland, MI are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $372,000 | 5.9% |
| Single Family | $385,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $270,000 | -2.2% |
3 Bed | $381,000 | 5.8% |
4 Bed | $452,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hartland, MI
Hartland, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,870 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,980 | $1,980 |
| 3 Bed Rent | $1,750 | $1,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hartland, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Hartland, MI is 25. This is a increase of 63.0% 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 | $415,000 | 27.0% |
Listing Count | 18 | 48.0% |
| Listings as % of Homes | 0.3% | 48.0% |
Days on Market | 25 | 63.0% |
Demographics — Hartland, MI
As of the latest ACS Survey released in 2023, Hartland, MI has a population of 6,850, which has increased by 3.2% over the past 5 years. Hartland, MI is a moderately popular place for families, as children make up 16.1% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,850 | 3.2% |
% Under 18 | 16.1% | -29.7% |
% Seniors | 22.4% | 23.1% |
% WFH | 13.4% | 282.9% |
% w/ College Degree | 30.6% | -19.3% |
As of the latest ACS Survey released in 2023, Hartland, MI is a predominantly white area, with 91.6% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Hartland, MI is hispanic, making up 4.7% of the population. Foreign-born residents account for 7.7% of the population in Hartland, MI, and this percentage has increased by 148.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.6% | -1.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.7% | -7.8% |
% Asian | 1.8% | 1,700.0% |
% Foreign Born | 7.7% | 148.4% |
Mortgage and Risk — Hartland, MI
According to HUD data as of 2023, there were 196 mortgage originations in Hartland, MI, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Hartland, MI. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 196 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hartland, MI
Hartland, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | -$470 | $1,980 | $1,510 |
| 3 Bedroom | $360 | $1,750 | $2,110 |
| 4 Bedroom | N/A | N/A | $2,370 |
Affordability — Hartland, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $372,000 |
| Median Household Income | $97,200 |