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MI area data

Houghton, MI

Houghton, MI.

Population: 10,475 (Census ACS)

Home values & appreciation

Median home value
$277,174
1-year appreciation
+9.7%
3-year appreciation
+19.6%
5-year appreciation
+34.3%
10-year appreciation
+76.8%
All-time peak (2026-04)
$280,275
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$212,000
Median list price
$399,900
Median days on market
79 days
Sale-to-list ratio
97.5%
Active listings
18
1-year forecast
+1.4%
New listings (monthly)
9

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
winterWeather, coldWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
51.0°F
Average low
38.0°F
Annual precipitation
33.4 in
Annual snowfall
72.5 in

Walkability & transit

Walkability index
9.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Keweenaw National Historical Park (7 mi)
Nearest airport
Houghton County Memorial Airport (CMX) (7 mi)
Nearest major airport
Houghton County Memorial Airport (CMX) (7 mi)
Hospitals nearby (~15 mi)
2
Solar radiation rating
Fair (3.6 kWh/m²/day)

Migration

Net migration
-179 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$3,321
Mean commute to work
10 min
Households with broadband internet
73.8%

Employment & development

Total county employment
8,778
Average weekly wage
$882
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
103

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents