House Prices

House Prices & Home Values Hermansville, MI 2026


Average Data

average house price$399,900
average size per house1200 ft²
average price per ft²334 $ / ft²

04/18/2026 - The value range (VR) for house prices in Hermansville, MI is $333/ sqft to $333/ sqft. An average home with 1200 sqft costs approximately $399,600 to $399,600. Hermansville, MI includes 1 ZIP codes and it is located in Menominee county. The lowest prices are found in ZIP 49847, while the highest are in ZIP 49847. The average price per sqare feet is $334. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Hermansville

49847329 $ / ft²




Historical development of home values in Hermansville

Year Estimated value (USD) Change vs. 2025
2010 $185,721 -53.6%
2011 $178,539 -55.4%
2012 $178,058 -55.5%
2013 $184,714 -53.8%
2014 $193,898 -51.5%
2015 $203,850 -49.0%
2016 $214,488 -46.4%
2017 $226,065 -43.5%
2018 $238,563 -40.3%
2019 $249,625 -37.6%
2020 $262,529 -34.4%
2021 $298,599 -25.3%
2022 $348,099 -13.0%
2023 $367,087 -8.2%
2024 $388,323 -2.9%
2025 $399,900 0.0%

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



Example: 100% financing house in Hermansville

Loan amount: $399,900

Interest rate: 6.00%

Fixed monthly payment: $2,397.60

Breakdown in the 1st month:
Interest portion: $1,999.50  –  Principal portion: $398.10

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $23,860.41 $4,910.82 $394,989.18
2 $23,557.52 $5,213.71 $389,775.47
3 $23,235.95 $5,535.28 $384,240.20
4 $22,894.55 $5,876.68 $378,363.52
5 $22,532.09 $6,239.14 $372,124.37
6 $22,147.27 $6,623.96 $365,500.41
7 $21,738.72 $7,032.51 $358,467.90
8 $21,304.97 $7,466.26 $351,001.64
9 $20,844.47 $7,926.76 $343,074.88
10 $20,355.56 $8,415.67 $334,659.21
11 $19,836.50 $8,934.73 $325,724.49
12 $19,285.43 $9,485.80 $316,238.68
13 $18,700.36 $10,070.87 $306,167.82
14 $18,079.22 $10,692.01 $295,475.80
15 $17,419.76 $11,351.47 $284,124.33
16 $16,719.62 $12,051.61 $272,072.72
17 $15,976.30 $12,794.93 $259,277.79
18 $15,187.14 $13,584.09 $245,693.71
19 $14,349.30 $14,421.93 $231,271.78
20 $13,459.79 $15,311.44 $215,960.34
21 $12,515.42 $16,255.81 $199,704.53
22 $11,512.79 $17,258.44 $182,446.09
23 $10,448.33 $18,322.90 $164,123.19
24 $9,318.21 $19,453.02 $144,670.17
25 $8,118.39 $20,652.84 $124,017.34
26 $6,844.57 $21,926.66 $102,090.68
27 $5,492.18 $23,279.05 $78,811.63
28 $4,056.38 $24,714.85 $54,096.79
29 $2,532.03 $26,239.20 $27,857.58
30 $913.65 $27,857.58 $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 Hermansville, MI


1500 sqft3900 sqft
Ø selling price$606,210$1,289,574
Ø fast selling$551,100$1,160,617
Ø high price sale$661,320$1,418,532

In 2026, houses in Hermansville, MI will be offered at an average price of $334 per square foot. A 1,500 sqft home priced at $606,210 is 22.70% more expensive per square foot than a 3,900 sqft home priced at $1,289,574. Home prices in Hermansville, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $892,783. Sellers who can wait longer may achieve a higher price of up to $1,091,179.

FAQ – Home Values in Hermansville

What is the median home value in Hermansville in 2026?

In 2026, the typical home value in Hermansville is about $399,900 for an average home size of 1200 square feet. This corresponds to an average price of roughly $334 per square foot.

What is the average cost per square foot in Hermansville?

In 2026, homes in Hermansville sell for an average of around $334 per square foot, with a typical range between $333 and $333 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 Hermansville is about 1200 square feet, with an estimated 2026 value around $399,900.



Locations close to Hermansville, MI

Ingalls, MI161 $ / ft²
Ishpeming, MI91 $ / ft²
Loretto, MI104 $ / ft²
Gwinn, MI215 $ / ft²
Gulliver, MI150 $ / ft²
Grand Marais, MI215 $ / ft²
  imprint  Privacy