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MI area data

Hope, MI

Hope, MI.

Population: 2,076 (Census ACS)

The median home value in Hope, MI is $229,005 — up 7.8% over the past year. Homes sell for a median $647,500 after a median 14 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, winterweather, coldwave the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$229,005

Median home value

+7.8%

1-year change

14

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$229,005
1-year appreciation
+7.8%
3-year appreciation
+10.2%
5-year appreciation
+16.9%
10-year appreciation
+68.3%
All-time peak (2026-04)
$229,909
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$647,500
Median list price
$189,900
Median price per sqft
$225
1-year sale-price change
+191.0%
Median days on market
14 days
Homes sold (recent period)
2
For-sale inventory
12
Sale-to-list ratio
88.2%
Active listings
8
1-year forecast
+3.0%
New listings (monthly)
2

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, winterWeather, coldWave, hail, inlandFlooding
Notable hazard ratings (county)
coldWave: Relatively Moderate · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Moderate · lightning: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 12% of US counties
Buildings in wildfire direct-exposure zone
58.7%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Clare Water Supply (21.8 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
49.0°F
Average high
57.0°F
Average low
40.0°F
Annual precipitation
32.3 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
3.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
1,952
Jobs reachable by transit (45 min)
2,342

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
13
Nearest airport
Jack Barstow Airport (9 mi)
Nearest major airport
MBS International Airport (MBS) (21 mi)
Hospitals nearby (~15 mi)
4
Hospitals include
COVENANT MEDICAL CENTER, ASCENSION ST MARY'S HOSPITAL, MCLAREN CENTRAL MICHIGAN
Avg hospital rating (CMS)
2.7 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+25 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,983
Housing built before 1970
28.3%
Housing built 2000 or later
19.8%
Median annual property tax
$3,154
Mean commute to work
25 min
Households with broadband internet
67.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
34,941
Average weekly wage
$1,375
Top industries (by employment)
Health Care, Management, Administrative Services
Annual residential building permits (county)
103

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

HopeState medianUS median
Median home value$229,005$246,351$289,727
Median sale price$647,500$265,000$325,000
Median days on market14 days36 days51 days
Median annual property tax$3,154$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Hope, MI?
$229,005.
What is the median sale price in Hope, MI?
$647,500.
How long do homes take to sell in Hope, MI?
Median days on market: 14 days.
What is typical rent in Hope, MI?
2-bedroom fair-market rent: $1,261/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Hope, MI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, winterWeather, coldWave, hail, inlandFlooding.
Is Hope, MI in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Hope, MI?
Risk to homes is higher than 12% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Hope, MI?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Hope, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Hope, MI walkable?
Walkability index: 3.5/20 (EPA Smart Location Database).
What is the cost of living in Hope, MI?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Hope

Selling a home in Hope, MI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents