Hersey Real Estate
8 active listings · 34 sold in the past 12mo
$237,450
Median List Price
34
Sold (past 12mo)
59
Avg Days on Market
+4.1%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(8)
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For Sale
1/68
$849,000
17634 Meceola Road, Hersey, MI 49639
4 bd4 ba5,263 sqft30.19 ac
Single Family
For Sale
1/33
$289,000
15220 NW Rapids Drive, Hersey, MI 49639
4 bd2 ba1,800 sqft2.26 ac
Single Family
For Sale
1/66
$264,900
15070 Rapids Drive, Hersey, MI 49639
3 bd2 ba1,300 sqft1.21 ac
Mfg Home
For Sale
1/12
$249,900
3007 Riverview Drive, Hersey, MI 49639
4 bd2 ba3,619 sqft0.87 ac
Single Family
For Sale
1/19
$225,000
22469 165th Avenue, Hersey, MI 49639
1 bd1 ba575 sqft10.10 ac
Single Family
Under Contract
1/55
$170,000
404 E 3rd Street, Hersey, MI 49639
3 bd1 ba1,582 sqft0.92 ac
Single Family
For Sale
1/25
$169,900
14830 Us-10, Hersey, MI 49639
3 bd1 ba1 ac
Single Family
Under Contract
1/33
$138,500
200 W First Street, Hersey, MI 49639
3 bd1 ba0.65 ac
Single Family
Recently Sold(34)
Frequently Asked Questions about Hersey
Are there homes available in Hersey right now?
There are currently 8 active listings in Hersey. The median asking price is $237,450.
How much do homes cost in Hersey?
Homes in Hersey sell for a median of $237,450, drawn from 34 transactions over the past year.
How long do homes stay on the market in Hersey?
The average days on market in Hersey is 59, based on 34 recent transactions.
What schools are in Hersey?
Hersey is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Hersey may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Hersey?
With 2.8 months of inventory, Hersey is currently a seller's market. This is based on 8 active listings and 34 sales in the past 12 months.
What are property taxes like in Hersey?
Michigan property taxes in Hersey are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Hersey?
Per U.S. Census ACS data, Hersey has a +4.1% Household Formation Gap — essentially flat over the past 15 years. Average household size shifted from 2.58 to 2.44, while population declined 1.6%. This secondary indicator suggests demographic housing demand has remained relatively stable.