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Foreclosure Homes in Houghton, MI 49931

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Houghton, MI Foreclosures

How much do homes sell for in Houghton, MI?
The average home price is currently $263,034.
In Houghton, MI, how many homes are available?
There are currently 1 active home listings available in Houghton.
What’s the average rental cost in Houghton, MI?
The average rental price in Houghton is $1,549.
What is the most expensive home in Houghton?
The most expensive home sold in Houghton had a price of $2,544,868.
What is currently the cheapest priced home in Houghton, MI?
The cheapest home for sale in Houghton is priced at $26,693.

Living in Houghton, MI

Houghton, MI is a charming city nestled along the shores of Lake Superior, offering a blend of historical richness and modern living. With a strong educational presence from Michigan Technological University, there are plenty of growth opportunities in the real estate market. Outdoor activities and a tight-knit community enhance the area's appeal.

Current Market Conditions in Houghton, MI

The Houghton real estate market has shown steady growth driven by its educational institutions and natural beauty. The demand for rental properties is increasing, particularly around the university, making it an attractive area for investors.

Home prices have seen moderate appreciation over the past few years. Investors can find both single-family homes and multi-unit properties, allowing for various investment strategies.

Home Value Estimator For Houghton, MI

There are currently 2,008 real estate properties in Houghton, MI, with a median automated valuation model (AVM) price of $222,391.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Houghton, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Houghton, MI, is $263,034.00, with the most expensive house in Houghton, MI, topping out at $2,544,868.00 and the cheapest home in Houghton, MI, clocking in at $26,693.00. In other words, there’s something for every potential homebuyer or savvy investor in Houghton, MI!

Rent Prices In Houghton, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Houghton, MI, is on a rollercoaster ride. The average rent price in Houghton, MI, is $1,549.00. Indeed, when looking to rent in Houghton, MI, you can expect to pay as little as $820.00 or as much as $2,400.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Houghton, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Houghton, MI 49931 Foreclosures


Market Trend for Houghton, MI

Total Listings Available: 1

Market Values:

Home Prices from $26,693 to $2,544,868

Average Sales Price: $263,034

Rental Values:

Rental from $820 to $2,400

Average Rent Value: $1,549 / month

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