Zip lookup · MI

49242
Hillsdale, Michigan.

Hillsdale, Hillsdale County, MI · Hillsdale, MI metro · population 14,750

What it costs per month · 49242 $1,075/mo

to buy the typical home at today's mortgage rate — +$590 (+121%) since Jan 2020.

What the home itself did
1 year
Up $10,281 +5%
$194,614$204,895 since Sep 2025
5 years
Up $43,829 +27%
$161,066$204,895 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 49242 $1,075 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 49242$1,075
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 49242 rose 5.3% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Hillsdale, MI — measured over the city limits, which is a different area from this zip.

Typical home value $204,895 as of Sep 2026
+5.3%year on year

Typical home value — 49242

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 49242 $204,895 Hillsdale $213,792 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 49242$204,895
  • Hillsdale$213,792
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
4.6 49266 Osseo 2,982 — $204,967
8.3 49274 Reading 3,679 — $192,446
8.9 49271 Pittsford 2,280 — $202,045
9.1 49227 Allen 1,287 — $211,256
9.3 49250 Jonesville 5,653 — $212,414
9.3 49262 North Adams 1,258 — $182,381
10.3 49232 Camden 2,790 — $248,939
12.6 49249 Jerome 3,462 — $296,001
13.2 49252 Litchfield 2,556 — $190,398
14.0 49082 Quincy 6,678 — $226,010
14.0 49288 Waldron 1,483 — $153,129
14.3 49247 Hudson 5,205 — $202,042
14.6 49255 Montgomery 2,072 — $170,770
15.0 49241 Hanover 2,279 — $247,856
15.7 43554 Pioneer 2,037 — $178,417
16.1 49220 Addison 2,439 — $253,301
16.8 43501 Alvordton 715 — $178,550
17.4 49246 Horton 3,382 — $304,540
17.9 49233 Cement City 2,938 — $282,628
18.6 49253 Manitou Beach 3,009 — $319,981
19.3 43543 Montpelier 7,401 — $156,562
19.4 46737 Fremont 7,402 — $379,729

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.