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HOPE, MI 48628

Real Estate Market Report  ·  Midland County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The HOPE, MI real estate market (48628) currently shows 12 active listings, with 3 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 48 days last year.

The median listing price has risen 21.8% year-over-year, from $392,450 to $478,000.

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Market Context

Market Context

Population: 1,958  ·  Density: 22.2/mi²  ·  Median household income: $83,333

Typical home value: $170,753  ·  Homeownership: 94.7%

Market Overview

Active Listings
12
⇧ 9.1% vs 11 last year
Pending
3
25% pending ratio
Median Price
$478,000
⇧ 21.8% vs $392,450 last year
Average Price
$527,776
⇧ 19.2% vs $442,780 last year
Days on Market
42
⇩ 12.5% vs 48 days last year

Price Per Square Foot

Median $/sqft
$304
⇧ 31.6% vs $231/sqft last year
Median Home Size
1,941 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 11 last year
  • Days on market: 42 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $478,000 (+21.8% YoY)
  • Average: $527,776 (+19.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.6 miles — 318 listings ($120,703,523 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48628Hope, MI 486280.0 mi8$2,642,264$337,400$330,283
48642Midland, MI 486427.6 mi62$26,638,424$394,000$429,652
48612Beaverton, MI 486128.7 mi39$10,804,989$226,000$277,051
48640Midland, MI 4864013.7 mi78$32,165,484$266,125$412,378
48613Bentley, MI 4861314.0 mi1$69,000$69,000$69,000
48650Pinconning, MI 4865016.2 mi20$3,987,400$189,445$199,370
48617Clare, MI 4861719.9 mi11$3,294,643$216,077$299,513
48623Freeland, MI 4862320.5 mi43$25,918,379$519,525$602,753
48878Rosebush, MI 4887822.9 mi3$900,999$320,000$300,333
48658Standish, MI 4865823.7 mi14$2,228,492$133,675$159,178
48610Alger, MI 4861025.0 mi14$3,452,022$236,185$246,573
48626Hemlock, MI 4862625.4 mi16$6,552,928$373,750$409,558
48615Breckenridge, MI 4861525.6 mi9$2,048,499$162,500$227,611

Frequently Asked Questions

How many homes are for sale in HOPE, MI 48628?

As of September 2026, there are 12 active listings in HOPE, MI (zip code 48628), compared to 11 the prior year.

What is the median home price in HOPE, MI 48628?

The median listing price in HOPE, MI 48628 is $478,000 as of September 2026, a 21.8% increase from $392,450 the prior year.

How long do homes stay on the market in HOPE, MI?

Homes in HOPE, MI 48628 spend an average of 42 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in HOPE, MI 48628?

Based on current inventory and days-on-market data as of September 2026, HOPE, MI 48628 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 48 days last year.

How much can I save on real estate commission in HOPE, MI?

With SELL123.com's maximum 3% commission, sellers in HOPE, MI 48628 save an estimated $9,560 compared to a typical 5% commission on the median listing price of $478,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.