Houghton County, MI Average Home Price (2026)
The average home price in Houghton County, Michigan is about $216,000 (the 2026 median across 16 ZIP codes, at ~$138/sq ft) — 11% more affordable than the Michigan median and 25% more affordable than the typical U.S. home.
How Houghton County compares
Houghton County is about average for housing nationally: its typical home costs $216,000 against $244,000 for Michigan and $289,000 for the U.S. Within the county, ZIP-level values run from about $142,000 to $627,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Houghton County | $216,000 | $138 |
| Michigan | $244,000 | $187 |
| United States | $289,000 | $193 |
Houghton County home prices by ZIP code
The 15 most valuable ZIP codes in Houghton County (of 16 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 49965 Toivola | $627,000 | $330 | +190% |
| 49961 Sidnaw | $524,000 | $276 | +143% |
| 49955 Painesdale | $306,000 | $161 | +42% |
| 49916 Chassell | $290,000 | $220 | +34% |
| 49931 Houghton | $273,000 | $174 | +26% |
| 49930 Hancock | $233,000 | $141 | +8% |
| 49921 Dodgeville | $232,000 | $122 | +7% |
| 49905 Atlantic Mine | $223,000 | $265 | +3% |
| 49945 Lake Linden | $209,000 | $134 | -3% |
| 49922 Dollar Bay | $191,000 | $133 | -12% |
| 49917 Copper City | $177,000 | $93 | -18% |
| 49963 South Range | $161,000 | $101 | -25% |
| 49958 Pelkie | $159,000 | $169 | -26% |
| 49967 Trout Creek | $151,000 | $107 | -30% |
| 49913 Laurium | $148,000 | $104 | -31% |
Home value appreciation in Houghton County
Home prices in Houghton County have risen about 106% over the last 10 years (≈7.5% a year) and +130.5% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +5.3% — still rising. A home worth $216,000 today was worth roughly $104,702 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Michigan is +96.7% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Houghton County
Run the numbers for Houghton County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Houghton County
To buy the typical $216,000 home in Houghton County with 20% down, you need a household income of roughly $59,000 a year (about $1,370 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $70,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $10,800 | $1,700/mo | $73,000/yr |
| 10% (+PMI) | $21,600 | $1,630/mo | $70,000/yr |
| 20% | $43,200 | $1,370/mo | $59,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Houghton County
At about $138 per square foot, here is roughly how much home different budgets get you in Houghton County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1090 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1450 sq ft | around the typical home here |
| $250k | 1810 sq ft | around the typical home here |
| $300k | 2170 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2900 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Michigan.
Estimate a specific home in Houghton County
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Houghton County home prices: frequently asked
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Browse all Michigan cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.