Real Estate Price Maphome prices by county

Houghton County, MI home prices

Houghton County, MI: the typical home is worth $192,456 as of 2026-05, up +6.4% over the past year and n/a since 2000. Listings run about $159/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Houghton County is cooling and undervalued — very affordable for what people here earn.

Momentum+6.4%Cooling
Valuation-33%Undervalued
Affordability9/10Very affordable
Market31 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1985: $64,173 → 2026: $192,456 (3.0×) pre-2000 estimated via FHFA index

Typical value$192,4562026-05
1-year+6.4%
5-year+30.2%
10-year+58.5%
Since 2000n/a
Population38k2024
Median income$56,0742023 · 3.4× income
Median rent$1,733/mo2026 · 10.8% gross yield
New homes/yr1112024
Price / sq ft$159listings
Days on market312026-06
Active listings1032026-06
Price cuts26%of listings

Market read

At $192,456, homes in Houghton County sit 16% below the Michigan median ($228,626) and 18% below the US median ($233,954). That ranks #60 of 83 Michigan counties by price.

Prices are climbing fast (+6.4% in the last year) — a seller's market.

Homes here move at a steady pace — a median 31 days on the market, with 26% of listings cutting their asking price.

At 3.4× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~33% cheap for local incomes and rents — a relative bargain.

Buying looks cheaper than renting — ~$950/mo to buy (P&I, 20% down) vs $1,733/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Baraga County, MI ($168,270) · Keweenaw County, MI ($216,981) · Ontonagon County, MI ($131,349) · Marquette County, MI ($257,934) · Iron County, MI ($150,700) · Gogebic County, MI ($129,417)

Frequently asked questions

What is the average home price in Houghton County, MI?
The typical home in Houghton County is worth $192,456 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Houghton County rising or falling?
Prices are up +6.4% over the past year and n/a since 2000 — a seller's market.
Is Houghton County affordable?
At 3.4× the local median income of $56,074, Houghton County is more affordable than the typical US county.
What is the rental yield in Houghton County?
Median rent is $1,733/mo — a gross rental yield of 10.8% on the typical home.
How fast do homes sell in Houghton County?
Homes here take a median of 31 days to sell, with 26% of listings cutting their asking price.
Median home value by year
YearMedian home value
2013$118,534
2014$118,955
2015$114,910
2016$118,803
2017$120,566
2018$131,863
2019$134,586
2020$136,512
2021$141,753
2022$163,894
2023$171,327
2024$171,503
2025$181,897
2026$189,773