Hillman, MN housing market
The typical Hillman home is worth about $379,000, up 5% in a year, 8% above the Minnesota typical home.
Home values, sales, trends and how Hillman compares with the towns next door — updated as new data is published.
Hillman at a glance
Typical home value, 2016–2026
Show as a table
| January | Hillman | Minnesota |
|---|---|---|
| 2017 | $194,000 | $217,000 |
| 2018 | $198,000 | $232,000 |
| 2019 | $210,000 | $246,000 |
| 2020 | $214,000 | $259,000 |
| 2021 | $246,000 | $282,000 |
| 2022 | $281,000 | $313,000 |
| 2023 | $310,000 | $325,000 |
| 2024 | $337,000 | $331,000 |
| 2025 | $363,000 | $341,000 |
| 2026 | $368,000 | $349,000 |
| August 2026 | $379,000 | $351,000 |
Hillman and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Hillman | $379K | +5% | $1,160 | $88,021 |
| Pierz | $264K | +6.4% | $1,030 | $100,833 |
| Morrill | — | +8.2%† | $1,220 | $96,250 |
| Mount Morris | — | −0.7%† | $1,240 | $91,458 |
| Granite | — | +13.4%† | $1,080 | $85,625 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,160
HUD's Fair Market Rent for a two-bedroom in Hillman is $1,160 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $790 · 4 bedrooms $1,720
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56338, 56364; Mille Lacs County, MN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Hillman
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.