22 hours on Rocket
$3,147 Closing Credit¹
#50177981, GRETCHEN JANSSEN, Listing office: RE/MAX DOUGLASS R.E.-H
Houghton Housing Market Report May 2025•Houghton County, Michigan
Housing Prices in Houghton, MI
How much do homes in Houghton, MI cost?
Housing Market Conditions
Is Houghton, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Houghton is a Buyer's Market
Difference Since May 2024
At the same time last year, Houghton was a Seller's Market.
Insight
Houghton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$680,000$209/SqFt
+$480,000
+240.0%
Based on all homes sold in the last 12 months
Insight
Homes in Houghton have sold for 240% more than they did a year ago.
Summary: The median home sold price in Houghton was $680,000 in May 2025, up 240% from last year, and the median price per square foot was $209.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Houghton | $200K | $680K | +240.0% |
| Franklin Township | $749K | $912.5K | +21.8% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $88.5K | - | N/A |
| 22 Bedrooms | $194.5K | $230K | +18.3% |
| 33 Bedrooms | $261K | $464.5K | +78.0% |
| 44 Bedrooms | - | $680K | N/A |
| 55+ Bedrooms | $415K | $795K | +91.6% |
Summary: Houghton housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +18.3%. The home price for 3 bedroom homes increased by +78.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +91.6%.
How does Houghton, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Houghton, MI
Housing supply in Houghton, MI
How many homes are available in Houghton, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthMay 2025 | ||
| 72 months agoApr 2025 | +214.3 % Change MoMApr – May |
Summary: The Houghton real estate market had 22 homes for sale in May 2025, a 214.3 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthMay 2025 | ||
| 02 months agoApr 2025 | +100.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 6 | +200.0% |
| 33 Bedrooms | 3 | 9 | +200.0% |
| 44 Bedrooms | 1 | 4 | +300.0% |
| 55+ Bedrooms | 1 | 3 | +200.0% |
Summary: Houghton housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +200.0%. The inventory for 3 bedroom homes increased by +200.0%. The inventory for 4 bedroom homes increased by +300.0%. The inventory for 5 bedroom homes increased by +200.0%.
Asking Price vs. Sold Price
How much do homes in Houghton, MI cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price0 Home
Insight
If you're buying a home in Houghton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Houghton in May 2025, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for Houghton, MI
How long does it take to sell a home in Houghton, MI?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Houghton are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 2 homes were sold in Houghton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 6 DaysThis YearMay 2025 | ||
| 10 Days1 year agoMay 2024 | -40.0 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Houghton had an average listing age of 6 days in May 2025, down by 40.0% compared to the previous year.
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Newest Listings in Houghton, MI
What homes are available in Houghton, MI?
1 day on Rocket
$5,344 Closing Credit¹
#50177940, KRISTINE WEIDNER (JUKURI), Listing office: CENTURY 21 AFFILIATED
2 days on Rocket
$4,631 Closing Credit¹
#50177758, GRETCHEN JANSSEN, Listing office: RE/MAX DOUGLASS R.E.-H
6 days on Rocket
$10,000 Closing Credit¹
#50177415, THOMAS TIKKANEN, Listing office: SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS
7 days on Rocket
$5,225 Closing Credit¹
#50177159, JULIE WAARA, Listing office: NORTHERN MICHIGAN LAND BROKERS - H
$3,384 Closing Credit¹
#50176908, EMMETT LARSON, Listing office: CENTURY 21 AFFILIATED
$4,679 Closing Credit¹
#50176699, KRISTINE WEIDNER (JUKURI), Listing office: CENTURY 21 AFFILIATED
$3,622 Closing Credit¹
#50176670, CHRISTOPHER COPONEN, Listing office: CENTURY 21 AFFILIATED
$2,671 Closing Credit¹
#201834966, Janet Theisen, Listing office: Midge & Co-Luxury Lakefront Homes
$6,234 Closing Credit¹
#50176490, KRISTINE WEIDNER (JUKURI), Listing office: CENTURY 21 AFFILIATED
Tour
$1,364 Closing Credit¹
#201834808, Audrey Plucinski, Todd L Jansen, Listing office: Century 21 Realty North Houghton Lake
$6,234 Closing Credit¹
#50175852, CLEA OLLANKETO, Listing office: CENTURY 21 AFFILIATED
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Nearby markets aren't available for Houghton, MI
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MLS Disclaimers and Copyright
Based on information from MiRealSource Inc. DL, and Water Wonderland MLS Inc. for the period 06/01/2023 - 06/01/2025
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 11:45:44 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 11:40:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.