As we move into 2026, the real estate market is entering a more normalized phase—no longer the frenzy of the post‑pandemic years, but not a downturn either. National forecasts from Realtor.com, Coldwell Banker leadership, and major financial analysts point toward a steadier, more predictable housing market. Locally, Hillsdale County reflects these broader trends, with some important distinctions that matter to buyers and sellers here.

THE NATIONAL REAL ESTATE OUTLOOK FOR 2026

Home Values

Nationally, home prices are expected to rise modestly—generally between 1–3 percent. This level of appreciation supports long‑term equity without creating affordability shocks. Buyers face less pressure to overpay, and homeowners benefit from price stability.

Inventory & Days on Market

Housing inventory is expected to continue improving. While this does not mean an oversupply of homes, buyers will have more choices and sellers will need to be more strategic. Homes that are priced correctly and well prepared will still sell efficiently, while overpriced or neglected homes may linger.

Transaction Volume

Sales volume is expected to increase slightly but remain below long‑term historical norms. Many homeowners remain locked into low mortgage rates, meaning moves are driven primarily by lifestyle changes rather than speculation.

Interest Rates & Buyer Demand

Mortgage rates are expected to hover in the low‑to‑mid 6 percent range. Buyer demand remains highly payment‑sensitive, and even modest rate dips can quickly bring sidelined buyers back into the market.

THE HILLSDALE COUNTY REAL ESTATE OUTLOOK FOR 2026

Home Values

Hillsdale County is expected to experience modest appreciation in the low single‑digit range. However, performance will vary by property. Well‑maintained, well‑priced homes will hold value best, while homes needing updates may require concessions.

Inventory & Days on Market

Locally, a clear divide is emerging between homes that sell quickly and those that sit. In 2026, expect more listings, wider variation in days on market, and increased buyer selectivity.

Transaction Volume

Transaction volume in Hillsdale County will improve if interest rates remain stable. When rates stabilize, confidence improves and pent‑up demand re-enters the market.

Buyer Demand

Buyers remain active but are more analytical. Monthly payment matters more than ever, and buyers expect homes to justify their asking price.

WHAT THIS MEANS FOR SELLERS

Successful sellers in 2026 will price correctly from the start, prepare their homes intentionally, and plan for negotiation. The “test the market” strategy is no longer effective.

WHAT THIS MEANS FOR BUYERS

Buyers will enjoy more choices and negotiating power than in recent years, though the best homes will still move quickly.

BOTTOM LINE

The 2026 real estate market is defined by stability and opportunity. Success will depend on strategy, preparation, and local expertise—not timing the market.

 

https://www.realtor.com/research/2026-national-housing-forecast

https://www.nar.realtor/magazine/real-estate-news/nar-2026-forecast-summit-predicts-positive-recovery-with-regional-affordability-hurdles

https://blog.coldwellbanker.com/re-market-pulse-week-of-january-5-2026