Hancock Housing Information - Census

IndexHancockMichiganNational
Median home price$109,000$127,800$184,700
Median rent asked$624$799$949
Avg. people per household2.32.52.6
Owner occupied households48.7%70.8%63.6%
Renter occupied households51.3%29.2%36.4%

Hancock Housing Information - Zillow

IndexHancockMichiganNational
Zillow home value indexn/a$132,300$196,500
Year over year appreciation raten/a7.91%6.79%
5 year average appreciation raten/a8.20%5.28%
10 year average appreciation raten/a-0.30%0.01%

Did you know?

  • The median home price in Hancock is 41% lower than the national average.
  • The median rent asked in Hancock is 34% lower than the national average.
  • The average number of people per household in Hancock is 14% lower than the national average.
  • The number of owner occupied households in Hancock is 23% lower than the national average.
  • The number of renter occupied households in Hancock is 41% higher than the national average.

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Compare Hancock, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Ahmeek, MI122$38,40079%
Calumet, MI666$49,60073%
Copper City, MI255$51,80072%
Lake Linden, MI1,157$64,10065%
Hubbell, MI1,025$64,50065%
Hancock, MI4,596$109,00041%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Watford City, ND4,596$188,8002%
McLoud, OK4,596$111,00040%
East Palestine, OH4,598$81,10056%
Point Pleasant Beach, NJ4,594$557,200202%
Penn Yan, NY4,598$104,40043%
Hancock, MI4,596$109,00041%
Source: The Hancock, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.