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

Owner-occupied homes by value, 2020–2024
ValueHersey TownshipOsceola CountyMichiganUnited States
Less than $50,00010.6% (±3.1 points)10.2%7.6%5.3%
$50,000 to $99,99918.3% (±4.7 points)18.3%9.2%6.1%
$100,000 to $149,99918.9% (±4.8 points)19.3%10.6%6.8%
$150,000 to $199,99914.2% (±4.1 points)16.6%14.1%9.0%
$200,000 to $299,99923.0% (±5.9 points)20.1%23.4%17.8%
$300,000 to $499,99913.7% (±4.3 points)11.7%24.1%26.9%
$500,000 to $999,9990.9% (±0.9 points)3.2%9.2%20.9%
$1,000,000 or more0.4% (±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

Estimate (90% margin of error)
Hersey TownshipOsceola CountyMichiganUnited States
Median home value$154,900 (±$13,472)$155,400 (±$4,920)$231,600 (±$642)$332,700
Owner-occupied homes699 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
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

Nearest places with a published estimate, compared with Hersey Township
PlaceDistanceMedian home valueCompared with this place
Hersey Township—$154,900 (±$13,472)—
Richmond Township (Osceola County)4.5 mi$161,100 (±$18,338)Not measurably different
Reed City5.3 mi$115,000 (±$7,625)Lower
Grant Township (Mecosta County)6.3 mi$182,900 (±$33,425)Not measurably different
Cedar Township6.6 mi$207,800 (±$86,058)Not measurably different
Evart7.3 mi$105,500 (±$10,107)Lower
Evart Township7.3 mi$140,000 (±$35,829)Not measurably different
Green Charter Township7.5 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

RankPlaceMedian home value
4Le Roy Township$187,700 (±$25,612)
5Burdell Township$187,500 (±$30,853)
6Rose Lake Township$175,200 (±$27,023)
7Orient Township$173,400 (±$46,096)
8Richmond Township (Osceola County)$161,100 (±$18,338)
9Hartwick Township$160,000 (±$27,916)
10Hersey Township$154,900 (±$13,472)
11Osceola Township (Osceola County)$154,000 (±$33,823)
12Lincoln Township (Osceola County)$151,900 (±$53,338)
13Evart Township$140,000 (±$35,829)
14Middle Branch Township$139,100 (±$46,749)
15Marion Township (Osceola County)$125,000 (±$20,091)
16Sylvan 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.

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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

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.

Request a Census API 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 .

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