Houghton township, MI is an area with a very high housing value, as demonstrated by its median house value being more than $274,000. This is significantly higher than the US median house value of $338,100. The appreciation in house values over the past year has also been greater in Houghton township, MI at 12.24%, compared to the US average of 8.27%. This combination of a high median house value and strong appreciation make Houghton township, MI an attractive place for potential homeowners looking for an investment opportunity.
The median home cost in Houghton township (Keweenaw County) is $274,700. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Houghton township (Keweenaw County) is up 18.2%.
Average Age of Homes
- The median age of Houghton township (Keweenaw County) real estate is 62 years old
The Rental Market in Houghton township (Keweenaw County)
- Renters make up 2.2% of the Houghton township (Keweenaw County) population
- 5.5% of houses and apartments in Houghton township (Keweenaw County), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.