49242 — Hillsdale, MI Home Values
Typical home value $208,327 as of June 2026 · 6th of 11 in Hillsdale, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 49242, June 2021 to June 2026. This page shows observed data only; no forecast.
How 49242 compares in the Hillsdale, MI area
ZIP code 49242 (Hillsdale, MI) has a typical home value of $208,327 as of June 2026, ranking 6th of 11 ZIP codes tracked in the Hillsdale, MI area, more expensive than about 55% of ZIP codes in the metro. Prices here have moved +9.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +29.4%, from $160,965 in June 2021 to $208,327 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Hillsdale, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Hillsdale.
Population and demographics
ZIP code 49242 has a population of 14,768, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 90.4% White, 3.9% two or more races, 3.1% Hispanic or Latino, 1.1% Black or African American, 0.9% another race, 0.5% Asian, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Bailey Early Childhood Center | 59 S MANNING ST, HILLSDALE, MI | 2.2 mi |
| Will Carleton Charter School Academy | 2001 W HALLETT RD, HILLSDALE, MI | 2.4 mi |
| Hillsdale High School | 30 S NORWOOD AVE, HILLSDALE, MI | 2.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 49242?
$208,327 as of June 2026, the latest month Zillow has published observed data for.
Is 49242 an expensive ZIP code in the Hillsdale, MI area?
49242 ranks 6th of 11 ZIP codes in the Hillsdale, MI area by typical home value, more expensive than about 55% of ZIP codes in the metro.
How much have home values in 49242 changed over the past year?
+9.5% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 49242?
14,768, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 49242?
Bailey Early Childhood Center (2.2 mi), Will Carleton Charter School Academy (2.4 mi), Hillsdale High School (2.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 49242?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Hillsdale, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.