Houghton, MI County is an area with extremely affordable housing when compared to the US median value. The current median value in Houghton is $126,400, while the US median house value is $338,100. Over the past year, the house appreciation in Houghton was 6.41%, slightly lower than the national average of 8.27%. This indicates that Houghton is consistent with its trend of consistently affordable housing compared to other areas across the United States.
The median home cost in Houghton County is $126,400. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Houghton County is up 18.2%.
Average Age of Homes
- The median age of Houghton County real estate is 63 years old
The Rental Market in Houghton County
- Renters make up 23.1% of the Houghton County population
- 1.3% of houses and apartments in Houghton 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.