House Prices

House Prices & Home Values Hessel, MI 2026


Average Data

average house price$197,484
average size per house1432 ft²
average price per ft²138 $ / ft²

04/15/2026 - The value range (VR) for house prices in Hessel, MI is $138/ sqft to $138/ sqft. An average home with 1432 sqft costs approximately $197,616 to $197,616. Hessel, MI includes 1 ZIP codes and it is located in Mackinac county. The lowest prices are found in ZIP 49745, while the highest are in ZIP 49745. The average price per sqare feet is $138. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Hessel

49745140 $ / ft²




Historical development of home values in Hessel

Year Estimated value (USD) Change vs. 2025
2010 $91,715 -53.6%
2011 $88,169 -55.4%
2012 $87,931 -55.5%
2013 $91,218 -53.8%
2014 $95,754 -51.5%
2015 $100,668 -49.0%
2016 $105,921 -46.4%
2017 $111,638 -43.5%
2018 $117,810 -40.3%
2019 $123,273 -37.6%
2020 $129,646 -34.4%
2021 $147,458 -25.3%
2022 $171,903 -13.0%
2023 $181,280 -8.2%
2024 $191,767 -2.9%
2025 $197,484 0.0%

Graph: estimated home values in Hessel over time (USD)



Example: 100% financing house in Hessel

Loan amount: $197,484

Interest rate: 6.00%

Fixed monthly payment: $1,184.02

Breakdown in the 1st month:
Interest portion: $987.42  –  Principal portion: $196.60

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,783.07 $2,425.13 $195,058.87
2 $11,633.49 $2,574.70 $192,484.17
3 $11,474.69 $2,733.51 $189,750.66
4 $11,306.09 $2,902.10 $186,848.56
5 $11,127.10 $3,081.10 $183,767.47
6 $10,937.06 $3,271.13 $180,496.33
7 $10,735.31 $3,472.89 $177,023.44
8 $10,521.11 $3,687.09 $173,336.36
9 $10,293.70 $3,914.50 $169,421.86
10 $10,052.26 $4,155.94 $165,265.92
11 $9,795.93 $4,412.27 $160,853.65
12 $9,523.79 $4,684.41 $156,169.24
13 $9,234.87 $4,973.33 $151,195.91
14 $8,928.12 $5,280.07 $145,915.84
15 $8,602.46 $5,605.74 $140,310.10
16 $8,256.71 $5,951.49 $134,358.61
17 $7,889.63 $6,318.56 $128,040.05
18 $7,499.92 $6,708.28 $121,331.77
19 $7,086.17 $7,122.03 $114,209.74
20 $6,646.90 $7,561.30 $106,648.44
21 $6,180.53 $8,027.67 $98,620.78
22 $5,685.40 $8,522.79 $90,097.98
23 $5,159.74 $9,048.46 $81,049.52
24 $4,601.65 $9,606.55 $71,442.97
25 $4,009.13 $10,199.06 $61,243.91
26 $3,380.08 $10,828.12 $50,415.79
27 $2,712.22 $11,495.97 $38,919.82
28 $2,003.18 $12,205.02 $26,714.80
29 $1,250.40 $12,957.80 $13,757.01
30 $451.19 $13,757.01 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hessel, MI


1500 sqft3900 sqft
Ø selling price$250,471$532,818
Ø fast selling$227,701$479,537
Ø high price sale$273,240$586,100

In 2026, houses in Hessel, MI will be offered at an average price of $138 per square foot. A 1,500 sqft home priced at $250,471 is 23.28% more expensive per square foot than a 3,900 sqft home priced at $532,818. Home prices in Hessel, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $368,875. Sellers who can wait longer may achieve a higher price of up to $450,847.


Experience Hessel, MI on Lake Huron

Nestled along Lake Huron in Michigan?s Upper Peninsula, Hessel, MI is a quaint harbor community gateway to the Les Cheneaux Islands.

Waterfront and Outdoor Recreation

Calm, protected channels make Hessel ideal for kayaking, sailing, and fishing adventures among 36 forested islands.
The Hessel Marina and public launch offer easy access to clear waters, abundant pike and perch, and sunrise cruising.
In winter, visitors enjoy ice fishing, cross-country skiing, and quiet shoreline hikes with sweeping views of the Straits region.

Events and Local Culture

Hessel is famous for hosting the annual Les Cheneaux Antique Wooden Boat Show & Festival of Arts, a signature August event that draws enthusiasts from across the Great Lakes.
Local shops and eateries highlight fresh whitefish, pasties, and handcrafted goods that reflect the Upper Peninsula?s heritage.
Cultural roots run deep here, with regional Anishinaabe history and maritime traditions celebrated in community programs and small museums.

Travel Tips and Nearby Attractions

Reaching Hessel is a scenic drive along M-134, a Pure Michigan Byway hugging Lake Huron between I?75 and De Tour Village.
Nearby, travelers can explore Mackinac Island, lighthouses, and sandy beaches, then return to Hessel?s quiet coves for sunset.
Whether you?re planning a family getaway or a romantic escape, Hessel, Michigan offers small-town charm, unforgettable views, and year-round outdoor recreation.



FAQ – Home Values in Hessel

What is the median home value in Hessel in 2026?

In 2026, the typical home value in Hessel is about $197,484 for an average home size of 1432 square feet. This corresponds to an average price of roughly $138 per square foot.

What is the average cost per square foot in Hessel?

In 2026, homes in Hessel sell for an average of around $138 per square foot, with a typical range between $138 and $138 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Hessel is about 1432 square feet, with an estimated 2026 value around $197,484.



Locations close to Hessel, MI

Hillman, MI188 $ / ft²
Hubbard Lake, MI104 $ / ft²
Hulbert, MI131 $ / ft²
Herron, MI167 $ / ft²
Hawks, MI78 $ / ft²
Harbor Springs, MI190 $ / ft²
  imprint  Privacy