Is Houghton, MI a buyer's market or a seller's market?
Houghton, MI is a buyer's market right now. There are 146 homes for sale, and at the current pace of sales it would take about 5.2 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Houghton, MI sits at 5.2.
There are more homes for sale than buyers. Buyers have the edge. The typical home took 86 days to go under contract, and 21% of sales closed above the asking price.
The number of homes for sale is 14% higher than a year ago. More choice for buyers means more competition between sellers.
Source: Redfin's published market data for the Houghton, MI area, through May 2026.
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More about the Houghton, MI market
- When is the best month to sell a house in Houghton, MI?
- How long does it take to sell a house in Houghton, MI?
- Do homes sell above asking price in Houghton, MI?
- Are home prices going up or down in Houghton, MI?
- How many homes are for sale in Houghton, MI?
- All Houghton, MI housing numbers
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Figures come from Redfin's published market data for the Houghton, MI area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.