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Houghton 2019 AerialPhoto: Cityofhoughton1 · CC BY-SA 4.0
Housing in Houghton

44 homes sold in Houghton in the last year, at a typical $327K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Houghton homes are listed.

Homes sold
44
June 2025 to May 2026
Typical sale price
$327K
median, weighted by sales
Price per square foot
$164
Michigan $172
Paid vs. asking
96.5%
16% sold over asking
For sale now
13
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 98% of Houghton’s sales, at a typical $311K

44 homes sold in the year to May 2026.

Houses$311K

typical sale · 43 sold in 12 months

Per square foot
$164MI $172
Days to sell
76
Sold over asking
14%
Listings with a price cut
28%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $325K

Too few sales in 12 months for reliable figures.

13 years of sales

About as many homes sell as usual, at 2.6 times the 2016 price

44 sales in the last year, against 68 in 2014 and a low of 34 in 2024. The typical sale went from $127K in 2016 to $327K.

Homes soldTypical sale price
0255075100$175K$250K$325K$400K2013: 41 sold, typical $139K’132014: 68 sold, typical $125K2015: 49 sold, typical $116K’152016: 56 sold, typical $127K2017: 54 sold, typical $128K’172018: 55 sold, typical $154K2019: 52 sold, typical $144K’192020: 61 sold, typical $142K2021: 58 sold, typical $170K’212022: 37 sold, typical $193K2023: 40 sold, typical $221K’232024: 34 sold, typical $283K2025: 45 sold, typical $328K’25Last 12 months: 44 sold, typical $327KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Houghton

Houseat $164 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Houghton homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 13 years of sales

Bidding wars in Houghton are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Houghton’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 44 sales.

If you’re buying in Houghton

  • Shop in May. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
  • Offer under asking. Buyers paid 96.5% of the list price on average; 16% paid over.
  • You’ll usually have time. Only 13% of homes go under contract within two weeks; the typical one takes 75 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 9 a month), but August is the most competitive: 27% of August sales close over asking. November has the least competition (6%) but only about 2 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 9% sold over asking, 169 days to sellJFeb: 3 new listings a month, 19% sold over asking, 106 days to sellFMar: 5 new listings a month, 20% sold over asking, 119 days to sellMApr: 5 new listings a month, 14% sold over asking, 148 days to sellAMay: 8 new listings a month, 22% sold over asking, 106 days to sellMJun: 9 new listings a month, 22% sold over asking, 64 days to sellJJul: 6 new listings a month, 26% sold over asking, 59 days to sellJAug: 4 new listings a month, 27% sold over asking, 69 days to sellASep: 3 new listings a month, 11% sold over asking, 78 days to sellSOct: 3 new listings a month, 24% sold over asking, 85 days to sellONov: 2 new listings a month, 6% sold over asking, 117 days to sellNDec: 2 new listings a month, 17% sold over asking, 129 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Michigan

Houghton now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price16%10%43%31%
Gone within two weeksShare of homes under contract within 14 days13%11%10%43%
Listings with a price cutShare of homes for sale that cut their price27%——28%
Price paid vs. askingAverage sale price ÷ list price96.5%95%101.3%98.4%
Days to sellMedian days from listing to contract751005933
Supply

11 homes for sale on a typical day

That’s twice the 2023 low (6), 31% fewer than in 2017–19 and well under 2013’s 40.

2013: 40 for sale’132014: 35 for sale2015: 22 for sale2016: 23 for sale’162017: 16 for sale2018: 16 for sale2019: 17 for sale’192020: 17 for sale2021: 10 for sale2022: 6 for sale’222023: 6 for sale2024: 7 for sale2025: 12 for sale’25Last 12 months: 11 for saleNow
Room to negotiate

1 in 4 listings has cut its price

27% in the last year, against — in 2017–19 and 28% across Michigan.

2023: 23%’232024: 24%2025: 25%Last 12 months: 27%Now

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Houghton home costs about $2,185 a month

Mortgage
Property tax
Insurance
Rent

Price: Houghton’s typical sale, last 12 months. Property tax at Houghton’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Houghton is affordable on local pay is on Cost of living.

Before you buy in Houghton

Six things worth knowing

9

New listings in June

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $327K home, about $5,750 a year.

Taxes vs. neighbors
A+

Schools

The schools grade for Houghton, from test results, graduation and how much students grow.

Schools in Houghton
11 min

Typical commute

The average one-way trip to work for people who live in Houghton.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Hancock and Laurium sell for less a square foot

The busier markets within 25 miles of Houghton, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Hancock47$247K$14923%63
Houghton44$327K$16416%75
Laurium29$133K$8121%108

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Houghton, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Houghton. People who follow the town see it, and so do people comparing Houghton with their own town. No commission, no listing fee.

Questions about buying a home in Houghton

What do homes sell for in Houghton, MI?

44 homes sold in the year to May 2026 at a typical $327K, $164 a square foot.

Is Houghton a buyer’s or seller’s market?

A balanced market: 13 homes were for sale in May 2026 and 3 sold, about 4.3 months of supply. Buyers paid 96.5% of asking on average, and 27% of listings cut their price.

When is the best time to buy in Houghton?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Houghton?

About 1.8% of a home’s value a year. On a $327K home that’s near $5,750.

Where can I see homes for sale in Houghton?

Zillow, Redfin, Realtor.com and Homes.com all carry Houghton’s MLS listings; the search links above open each one filtered to Houghton.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).