54Alpha

Houghton, MI metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Houghton, MI metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-9.859
Inventory Health25%
-4.139
Affordability20%
77
Economic Strength20%
No data
50
Rental Yield15%
46

Where is Houghton, MI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Houghton, MI metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Houghton, MI metro area housing market data

MetricValueYoY
Median Sale Price$200K-4.8%
Median Days on Market86 days▲ +62.3%
Months of Supply5.2▲ +2%
Homes for Sale146▲ +14.1%
Homes Sold28▲ +12%
Median Price / Sq Ft$129-19.9%
Sale-to-List Ratio98.5%▲ +2.4%

How has Houghton, MI metro area’s Alpha Score moved?

Now: 54
4-period trend
Median sale price · 12 mo

Markets like Houghton, MI metro area

Frequently asked questions

Is Houghton, MI metro area a buyer's or seller's market?

As of May 2026, Houghton, MI metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Houghton, MI metro area?

The median sale price in Houghton, MI metro area is $200K, having fallen 4.8% over the past year.

How affordable is Houghton, MI metro area?

Houghton, MI metro area scores 77 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Houghton, MI metro area's Alpha Score?

Houghton, MI metro area's strongest dimension is Affordability (77/100) and its weakest is Inventory Health (39/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Houghton, MI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.