Houghton, MI

Metro area in Michigan · Updated Jan 2026

12-Month Forecast ↑ +2.2%

Median Home Value

$177,529

↑ +4.0%

Year-over-year

Median Rent

$1,350/mo

Year-over-year

Rental Yield

9.1%

Excellent for investors

5-Year Appreciation

+34.1%

Active Listings

121

For-sale inventory

Price-to-Rent Ratio

11

Favors buying

Price Forecast

1 Month

↑ +1.1%

3 Months

↑ +2.0%

12 Months

↑ +2.2%

5-Year Price Trend

Calculate your mortgage for Houghton, MI

See monthly payments for a $177,529 home →

Should you rent or buy in Houghton, MI?

Price-to-rent ratio: 11x — Buying likely wins. Run a full breakeven analysis with Houghton, MI numbers pre-filled →

Frequently Asked Questions