Housing in Hart

A typical Hart home is worth roughly $194,000

Home prices around Hart have risen about 69% over the past 5 years.

Typical home value

$194K

▼ 1.1% in a year · MI $266K

Estimate

2-bedroom rent

$980

a month, utilities in · HUD

Median tax bill

$2,025

MI $2,904

What kind of housing town is Hart?

Read from the numbers below. The page puts what stands out first.

Your money goes further27% below the Michigan typical home.Older homesThe typical home was built around 1946.

★ What stands out · Affordability

A typical home costs 3.8 years of income

About the same as across Michigan. Try your own numbers below.

You could afford about

$185,000

Typical Hart home $194K

That’s $9K short of a typical Hart home.

The typical home, each month

$1,250

Loan $960Tax $230Insurance $60

A two-bedroom rents for about $980 a month here, $270 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Hart’s typical property tax (1.44% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

60% of Hart households own their home

Half of Hart’s homes were built before 1946.

Owners and renters

Own 60%Rent 40%

Michigan: 73% own.

1946

typical home built · MI 1972

$2,025

median property tax bill · MI $2,904

1.44%

of a home’s value, a year in tax · MI 1.25%

U.S. Census Bureau, American Community Survey 2020-2024.

Price trend

Home prices up 69% in 5 years

The federal house price index for the ZIP code around Hart rose 69% over the past 5 years, faster than across Michigan (52%). Last year prices fell 1.1%. Carrying the Census median home value forward with that index puts the typical Hart home at roughly $194,000 today.

Hart areaMichigan

−1.1%

past year

+69%

past 5 years

+117%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $194K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Hart, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $980

Renters already here pay a median of $757, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$690

1 bedroom$750

2 bedrooms$980

3 bedrooms$1,210

4 bedrooms$1,560

40%

of households rent · MI 27%

258

renter households

35%

of renters spend 30%+ of income on rent · MI 50%

23%

of the median income, for a two-bedroom

$757

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Oceana County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Hart buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Hart still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.