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Top 17 Amazing Deals on Hillman, MI Condos for Sale in 2025
Discover the top condos for sale in Hillman, MI in 2025. Get expert insights on pricing, neighborhoods, investment potential, and more in this detailed real estate guide.
Introduction to the Hillman, MI Condo Market
Hillman, Michigan may be a small village, but its real estate market is growing in both interest and opportunity. Tucked in the northern part of the Lower Peninsula, Hillman offers a refreshing blend of peaceful living and affordable housing, with condos becoming a popular choice for retirees, first-time buyers, and investors alike.
As 2025 rolls in, more listings for Hillman, MI condos for sale are entering the market, giving buyers a rare chance to invest in this quaint town while it's still relatively undiscovered. From cozy studios near local lakes to spacious two-bedroom units nestled near forested trails, Hillman has something for everyone.
Why Consider Condos in Hillman, Michigan?
Buying a condo in Hillman isn’t just about securing property—it’s about embracing a simpler, more community-focused lifestyle.
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Affordability: Condos in Hillman tend to be significantly more affordable than those in larger Michigan cities like Ann Arbor or Grand Rapids.
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Low Maintenance: With homeowners' associations (HOAs) handling lawn care and exterior maintenance, condo living is especially ideal for retirees or busy professionals.
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Strong Sense of Community: Many condo complexes offer shared amenities like clubhouses or garden areas that help neighbors connect.
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Natural Beauty: Hillman is surrounded by scenic beauty—think forests, lakes, and the famed Thunder Bay River.
Whether you're looking to downsize, invest, or simply relocate for a better quality of life, Hillman offers compelling reasons to make the move.
Hillman’s Real Estate Market Compared to Nearby Cities
Compared to nearby towns like Alpena, Atlanta, or Rogers City, Hillman stands out for its:
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Lower price per square foot
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Greater availability of small, updated condos
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Quieter lifestyle with a tight-knit community vibe
While Alpena may have more commercial activity and Rogers City offers lakefront options, Hillman combines nature and affordability in a way that’s hard to beat.
The Appeal of Small-Town Living in Hillman
Living in Hillman means waking up to birdsong, enjoying locally-owned diners, and taking weekend fishing trips. The town’s small size translates into:
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Less traffic and noise
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Safer neighborhoods
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Friendly faces at every corner store
For those seeking a slower pace and a break from city chaos, Hillman offers the ideal retreat.
Check out this video for a look at the Hillman Community
Current Real Estate Trends in Hillman (2025)
As of early 2025, the real estate market in Hillman is characterized by:
Trend | Detail |
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Median Condo Price | $95,000 - $140,000 |
Average Time on Market | 30–45 days |
Appreciation Rate | ~5.4% annually (above national average) |
Buyer Demographic | 60% retirees, 25% young professionals |
Popular Listing Months | March to June, September to October |
Demand is increasing steadily, especially from out-of-state buyers seeking rural charm without breaking the bank.
Types of Condos Available in Hillman, MI
Condos in Hillman range in style, size, and amenities:
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Studio Units: Perfect for singles or minimalists
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1-Bedroom Condos: Great for first-time buyers or couples
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2-Bedroom Units: Ideal for small families or guests
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Luxury Condos: Feature high-end finishes, fireplaces, and lake views
Whether you're into rustic aesthetics or modern simplicity, Hillman has diverse options to explore.
Next Sections Coming Up:
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New Developments vs. Resale Properties
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Neighborhoods to Explore in Hillman
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Price Range & Financing Options
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FAQs & Conclusion
Check out this video for a look at the condominium lifestyle
New Developments vs. Resale Properties
When shopping for condos in Hillman, buyers often face the decision between new construction and resale units. Each has unique advantages:
New Developments
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Modern amenities like energy-efficient appliances, open-concept layouts, and smart home features
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Warranties on appliances, structure, and materials
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Customizable features during pre-construction phase
However, new condos often come at a premium price and may have higher initial HOA fees.
Resale Properties
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Lower entry price, which can be appealing for budget-conscious buyers
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Established neighborhoods with mature landscaping and community culture
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Room for renovations that can increase property value
Ultimately, your choice depends on your budget, timeline, and lifestyle preferences.
Key Neighborhoods to Explore in Hillman
Even though Hillman is a small town, it offers distinct areas with varying vibes and benefits:
Downtown Hillman
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Walkable access to cafes, local stores, and civic events
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Condos here are often converted buildings or new small developments
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Ideal for those who love to be in the center of action
Avery Township
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A quieter, more rural setting just outside the village
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Offers condos with more land and greater privacy
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Closer to nature trails and the Thunder Bay River
Hillman Highlands
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A newer residential community with modern condo builds
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Includes access to recreational amenities like walking paths and shared gardens
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Often attracts retirees and snowbirds
School Districts and Local Amenities
Hillman is served by the Hillman Community Schools District, known for its small class sizes and dedicated staff. This makes it attractive to families seeking a supportive learning environment.
In terms of local amenities:
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Medical Services: MidMichigan Medical Center offers accessible healthcare.
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Parks: Enjoy activities at Emerick Park and fishing at Lake Avalon.
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Dining and Shopping: Expect charming diners, local produce markets, and antique shops.
Price Range for Hillman, MI Condos
One of Hillman’s strongest appeals is affordability. Here’s a snapshot of current pricing:
Condo Type | Price Range |
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Studio | $60,000 – $80,000 |
1-Bedroom | $75,000 – $105,000 |
2-Bedroom | $90,000 – $140,000 |
Luxury / Lakeview | $150,000 – $200,000+ |
Prices may vary based on location, condition, and HOA inclusions.
Financing Options for Condo Buyers in Michigan
Getting a mortgage for a condo in Hillman is fairly straightforward, especially with these options:
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FHA Loans: Ideal for first-time buyers with low down payments
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VA Loans: For qualified veterans, no down payment required
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Conventional Loans: Standard option with competitive interest rates
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Local Credit Unions: Often offer better service and lower fees than national banks
Before applying, it’s wise to get pre-approved so you can move fast when the right condo appears.
Working with a Realtor in Hillman
Navigating the real estate market in Hillman requires local knowledge, negotiation skills, and a strong network—exactly what Brook Walsh brings to the table. As a trusted and experienced real estate professional specializing in Northern Michigan properties, Brook understands the unique dynamics of small-town markets like Hillman.
Whether you're a first-time buyer, downsizing, or investing in a vacation property, Brook Walsh offers personalized service, in-depth market insights, and access to exclusive condo listings you won’t find elsewhere. His commitment to transparency and client success makes him one of the top choices for buyers in the area.
Why Work with Brook Walsh?
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Local market expertise in Hillman and surrounding communities
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Dedicated support from search to closing
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Access to private listings and upcoming condo developments
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Guidance through financing, inspections, and HOA considerations
If you're serious about buying a condo in Hillman, teaming up with Brook Walsh can make the process smoother, faster, and more rewarding.
Step-by-Step Condo Buying Process in Hillman
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Define your budget and priorities
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Get pre-approved for a mortgage
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Hire a local real estate agent
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Tour available condos and neighborhoods
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Make an offer
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Complete inspections and due diligence
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Secure financing
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Close the deal and get your keys!
The whole process typically takes 30–60 days.
Potential Investment Opportunities
For investors, Hillman presents several attractive options:
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Long-term rentals: Demand is steady due to limited housing supply
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Airbnb or vacation rentals: Especially in summer months
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Value appreciation: Properties have appreciated over 5% annually
With low property taxes and relatively low buy-in costs, Hillman offers a solid return on investment.
Common HOA Rules and Fees in Hillman Condos
Most condos in Hillman are governed by Homeowners' Associations (HOAs) that handle:
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Snow removal
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Lawn care
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Exterior maintenance
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Trash services
Monthly fees typically range from $100 to $250, depending on property size and amenities. Be sure to review the HOA rules—some may restrict rentals or pets.
Pros and Cons of Buying a Condo in Hillman, MI
Pros
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Affordable entry into homeownership
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Low maintenance lifestyle
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Access to community amenities
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Peaceful, scenic surroundings
Cons
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Limited inventory
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HOA restrictions may limit freedom
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Resale market can be slower than urban areas
Make sure the condo lifestyle aligns with your long-term plans.
Frequently Asked Questions (FAQs)
1. Are condos in Hillman a good investment?
A. Yes. With rising property values and consistent rental demand, condos in Hillman offer solid investment potential.
2. Can I use an FHA loan to buy a condo in Hillman?
A. Yes, as long as the condo development is FHA-approved. Check with your lender.
3. Are there age-restricted condo communities in Hillman?
A. Some communities cater to 55+ buyers, but many condos are open to all ages.
4. How much are the property taxes in Hillman?
A. Property taxes are relatively low, typically under 1.5% of a home's value.
5. Do Hillman condos allow pets?
A. It depends on the HOA rules. Many allow pets with size or breed restrictions.
6. What should I look for during a condo inspection?
A. Check HVAC, plumbing, roofing, and review HOA financials for signs of poor management.
Conclusion: Finding the Right Condo for Your Needs
Whether you're downsizing, relocating, or investing, Hillman, MI condos for sale offer an unbeatable mix of affordability, comfort, and small-town charm. With a growing market, excellent financing options, and a variety of properties to choose from, now is a smart time to explore what Hillman has to offer.
Work with a local realtor, stay alert to new listings, and you just might find your dream condo nestled in this hidden gem of Michigan.
Explore homes in the condominium lifestyle communities below or contact Brook Walsh to help with your search. You can also reach Brook by phone at (231) 459-3179 for all of your Northern Michigan real estate needs.
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