Property Makler
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Houghton, MI housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $122 $138 $141 $156 24.5% 13.1% 2.2% 10.6%
Active Listing Count 34 56 67 110 -35.8% 64.7% 19.6% 64.2%
Median Days on Market 73 72 94 61 -16.1% -1.4% 30.6% -35.1%
Share of listings with price decrease 7.9% 9.1% 14.1% 14.7%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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