What is the median home value in Hersey Township, MI?
The median value of owner-occupied homes in Hersey Township, MI is $154,900 (±$13,472), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Hersey Township, the median home value went from $98,300 in 2015–2019 to $154,900 in 2020–2024 (+57.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $154,900 (±$13,472)
- Owner-occupied homes
- 699 (±79)
- Most common range
- $200,000 to $299,999
Home values in Hersey Township
| Value | Hersey Township | Osceola County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 10.6% (±3.1 points) | 10.2% | 7.6% | 5.3% |
| $50,000 to $99,999 | 18.3% (±4.7 points) | 18.3% | 9.2% | 6.1% |
| $100,000 to $149,999 | 18.9% (±4.8 points) | 19.3% | 10.6% | 6.8% |
| $150,000 to $199,999 | 14.2% (±4.1 points) | 16.6% | 14.1% | 9.0% |
| $200,000 to $299,999 | 23.0% (±5.9 points) | 20.1% | 23.4% | 17.8% |
| $300,000 to $499,999 | 13.7% (±4.3 points) | 11.7% | 24.1% | 26.9% |
| $500,000 to $999,999 | 0.9% (±0.9 points) | 3.2% | 9.2% | 20.9% |
| $1,000,000 or more | 0.4% (±0.6 points) | 0.6% | 1.6% | 7.1% |
The most common range is $200,000 to $299,999, 23.0% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Hersey Township against Osceola County, its state and the nation
| Hersey Township | Osceola County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $154,900 (±$13,472) | $155,400 (±$4,920) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 699 (±79) | 7,831 (±182) | 2,984,190 (±12,886) | 84,210,142 |
In Hersey Township, the median home value is not measurably different from Osceola County ($155,400).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Osceola County, Hersey Township ranks 10 of 18 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 1175 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Hersey Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $98,300 (±$6,789) | $154,900 (±$13,472) | +57.6% | Up after inflation |
| Median owner cost with a mortgage | $1,022 (±$65) | $1,096 (±$102) | +7.2% | Down after inflation |
| Median real estate taxes | $1,298 (±$107) | $1,494 (±$110) | +15.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Hersey Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Hersey Township | — | $154,900 (±$13,472) | — |
| Richmond Township (Osceola County) | 4.5 mi | $161,100 (±$18,338) | Not measurably different |
| Reed City | 5.3 mi | $115,000 (±$7,625) | Lower |
| Grant Township (Mecosta County) | 6.3 mi | $182,900 (±$33,425) | Not measurably different |
| Cedar Township | 6.6 mi | $207,800 (±$86,058) | Not measurably different |
| Evart | 7.3 mi | $105,500 (±$10,107) | Lower |
| Evart Township | 7.3 mi | $140,000 (±$35,829) | Not measurably different |
| Green Charter Township | 7.5 mi | $156,200 (±$18,104) | Not measurably different |
| Lincoln Township (Osceola County) | 7.9 mi | $151,900 (±$53,338) | Not measurably different |
Nearby places with a measurably lower figure: Reed City, MI ($115,000), Evart, MI ($105,500).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Osceola County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 4 | Le Roy Township | $187,700 (±$25,612) |
| 5 | Burdell Township | $187,500 (±$30,853) |
| 6 | Rose Lake Township | $175,200 (±$27,023) |
| 7 | Orient Township | $173,400 (±$46,096) |
| 8 | Richmond Township (Osceola County) | $161,100 (±$18,338) |
| 9 | Hartwick Township | $160,000 (±$27,916) |
| 10 | Hersey Township | $154,900 (±$13,472) |
| 11 | Osceola Township (Osceola County) | $154,000 (±$33,823) |
| 12 | Lincoln Township (Osceola County) | $151,900 (±$53,338) |
| 13 | Evart Township | $140,000 (±$35,829) |
| 14 | Middle Branch Township | $139,100 (±$46,749) |
| 15 | Marion Township (Osceola County) | $125,000 (±$20,091) |
| 16 | Sylvan Township (Osceola County) | $119,000 (±$13,788) |
Showing 13 of 18 places in Osceola County, ranked from highest to lowest.
The figures for Hersey Township include the places inside it that have pages of their own: Hersey.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Hersey Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Hersey Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Hersey Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Hersey Township, and send estimates and invoices from your phone.
Questions about Hersey Township
What is the average home value in Hersey Township, MI?
The Census Bureau publishes the median: $154,900 (±$13,472) for owner-occupied homes in Hersey Township (2020–2024 American Community Survey).
Have home values in Hersey Township gone up?
In Hersey Township, the median home value went from $98,300 in 2015–2019 to $154,900 in 2020–2024 (+57.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Hersey Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hersey township, Osceola County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hersey township, Osceola County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Hersey township, Osceola County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Hersey township, Osceola County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Hersey township, Osceola County, Michigan (county subdivision:37840, in state:26 county:133).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Hersey Township at a glance
- Income and affordability in Hersey Township
- Homeowner costs in Hersey Township
- Property taxes in Hersey Township
- Types of homes in Hersey Township
- Bedrooms in Hersey Township
- Age of homes in Hersey Township
- Heating fuel in Hersey Township
- Commute and cars in Hersey Township
- Population growth in Hersey Township
- How long people stay in Hersey Township
- Michigan landlord and tenant rules
- Housing across Osceola County
- Michigan places ranked by median home value
- Housing data for every place in Michigan