Houghton, Houghton County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Houghton, Houghton County, MI

Median Home Price Price

$241,388 $241.4K

Median Monthly Rent Rent

$1,185 $1.2K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Houghton, MI is $1,185, with MoM change +$11 and YoY change +$97 pointing to positive momentum while volatility is low (std $24).

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Metric

Base market Houghton, MI

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Delta vs base

Median rent

$1,185

N/A

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Median price

$241,388

N/A

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YoY change

+$97

N/A

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Price-to-rent

17.0x

Data unavailable

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