Houghton, MI

Houghton, MI real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 4.0%/yr.

Rent growth

: 3.1%/yr.

Median cap rate

: 3.6%.

Median IRR

: 5.3%.

Median rental home value

: $155,250.

Median rental rate

: $835/mo.

Median property tax

: $1,847/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Houghton, MI →

Top listings right now

46520 Main St, Dodgeville, MI 49921 $159,900· 4 bd· 2 ba
1013 Elm St, Hancock, MI 49930 $164,900· 3 bd· 1.5 ba
908 3rd St, Hancock, MI 49930 $195,000· 3 bd· 2 ba
1115 Summit St, Hancock, MI 49930 $186,900· 3 bd· 1 ba
44 Third St, South Range, MI $180,000· 3 bd· 2 ba
726 N Lincoln Dr, Hancock, MI 49930 $184,500· 3 bd· 1 ba
801 Calverley Ave, Houghton, MI 49931 $195,000· 3 bd· 1.5 ba
49877 Quincy St, Hancock, MI 49930 $162,500· 2 bd· 1.5 ba
209 Montezuma St, Hancock, MI 49930 $219,000· 3 bd· 1.5 ba
925 Elm St, Hancock, MI 49930 $219,900· 3 bd· 1.5 ba
416 S Calumet St, Calumet, MI 49913 $149,900· 2 bd· 1 ba
1648 Captains Dr, Hancock, MI $449,900· 4 bd· 2.5 ba
42294 Wilson Memorial Dr, Chassell, MI $299,900· 4 bd· 2 ba

ZIP codes in Houghton, MI

Rental market data for every ZIP code in this micro area.