Home prices
The price of the median home in Hersey is $81,700. Compared to other places in this area this is about $5,380 (7%) higher.Compared to the entire country it is roughly $135,800 (62%) lower, and in comparison to the city of Grand Rapids is approximately $61,700 (43%) lower.
Rents
In Hersey the median rent is $893 a month. It is roughly $209 (30%) higher compared to other places in this area.In comparison to the United States as a whole it is roughly $169 (15%) lower, and compared to the city of Grand Rapids is approximately $32 (3%) lower.
Nearby places
Reed City
Reed City is about 3 miles northwest of Hersey. The real estate prices there are a bit less expensive. Reed City's median home cost is $70,800, which is $10,900 (15%) lower than Hersey. Rents there are substantially less expensive. The median rent in Reed City is $563 a month, which works out to $330 (58%) lower than Hersey.
Evart
Evart is approximately 7 miles northeast from Hersey. The housing prices there are a bit less expensive. Evart's median home value is $68,200, which is $13,500 (19%) lower than Hersey. The rent there is substantially less expensive. The median monthly rent in Evart is $513, which is $380 (74%) lower than Hersey.
Big Rapids
Big Rapids is approximately 9 miles south from Hersey. Its housing prices are a little more expensive. The price of the median home in Big Rapids is $93,900, which comes out to $12,200 (12%) higher than Hersey. Rents there are substantially less expensive. The median rent in Big Rapids is $670 per month, which works out to $223 (33%) lower than Hersey.
Le Roy
Le Roy is approximately 11 miles north from Hersey. Its real estate prices are somewhat more expensive. Le Roy's median home value is $86,700, which comes out to $5,000 (5%) higher than Hersey. Its rents are somewhat more expensive. In Le Roy the median rent is $1,054 a month, which works out to $161 (15%) higher than Hersey.
Barryton
Barryton is roughly 14 miles southeast of Hersey. Housing prices there are somewhat less expensive. The value of the median home in Barryton is $62,000, which works out to $19,700 (31%) lower than Hersey. The rent there is a lot less expensive. Barryton's median monthly rent is $621, which is $272 (43%) lower than Hersey.