36Alpha

Houghton, MI metro area Housing Market Brief

metro · MI · as of August 2026

Buyer's

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%
-17.342
Inventory Health25%
-1.937
Affordability20%
-23.953
Economic Strength20%
9
Rental Yield15%
-32.343

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

EmergingGrowingMaturePeakingDecliningRecovering

Houghton, MI metro area is classified as Declining cooling, with scores declining 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$249K-0.3%
Median Days on Market50 days▲ +11.1%
Months of Supply4.8▲ +23.1%
Homes for Sale213▲ +23.1%
Homes Sold460%
Median Price / Sq Ft$156▲ +21.1%

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

Now: 36
12-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 August 2026, Houghton, MI metro area is classified as a Buyer's Market, based on its Alpha Score of 36 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 $249K, having held roughly steady over the past year.

How affordable is Houghton, MI metro area?

Houghton, MI metro area scores 53 out of 100 on affordability — moderately 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 (53/100) and its weakest is Economic Strength (9/100). 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.