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Hartland, MI Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hartland, MI Housing Market Trends

With 777 people, 289 houses or apartments, and a median cost of homes of $376,916, Hartland real estate is some of the most expensive in Michigan, although Hartland home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Hartland, accounting for 90.31% of the town's housing units. Other types of housing that are prevalent in Hartland include duplexes, homes converted to apartments or other small apartment buildings ( 9.69%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hartland. Owner-occupied housing accounts for 85.81% of Hartland's homes, and 75.43% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hartland built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Hartland built between 1940-1969 ( 22.49%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.61%).

Hartland Home Appreciation Rates

In the last 10 years, Hartland has experienced some of the highest home appreciation rates of any community in the nation. Hartland real estate appreciated 108.89% over the last ten years, which is an average annual home appreciation rate of 7.64%, putting Hartland in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hartland definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Hartland appreciation rates have trailed the rest of the nation. In the last twelve months, Hartland's appreciation rate has been 8.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hartland were at 1.75%, which equates to an annual appreciation rate of 7.20%.

Notably, Hartland's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Michigan, our data show that Hartland's latest annual appreciation rate is lower than 90% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$376,916

Hartland, MI HOME PRICES

> $1,343,000
$1,008,001 - $1,343,000
$672,001 - $1,008,000
$538,001 - $672,000
$403,001 - $538,000
$268,001 - $403,000
$135,001 - $268,000
$67,001 - $135,000
$0 - $67,000
0.5%
0.5%
0.4%
0.4%
4.8%
4.8%
13.2%
13.2%
21.9%
21.9%
41.5%
41.5%
13.2%
13.2%
3.2%
3.2%
1.3%
1.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for MI

Value Relative To Nation

Number Of Homes And Apartments:
289

Hartland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
65.37% 2.26%
6
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,539 / per month

Homeownership Rate

Owners
Renters
Vacant
85.8%
85.8%
14.2%
14.2%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.6%
7.6%
69.9%
69.9%
22.5%
22.5%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
90.3%
90.3%
0.0%
0.0%
9.7%
9.7%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.0%
0.0%
24.6%
24.6%
48.8%
48.8%
26.6%
26.6%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Hartland

Zip Codes in Hartland, MI