Houghton Real Estate
No active listings · 3 sold in the past 12mo
3
Sold (past 12mo)
38
Avg Days on Market
+8.2%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Market Dashboard
No active listings in Houghton right now.
View 3 recently sold homes →Recently Sold(3)
| Address | Sold Price | Date Sold |
|---|---|---|
| 110 Cass Street, Houghton, MI 48629 | $130,000 | Jan 15, 2026 |
| 510 W Baraga Avenue, Houghton, MI 49931 | $115,000 | Nov 13, 2025 |
| 47966 Main Street, Houghton, MI 49931 | $165,000 | Nov 5, 2025 |
Frequently Asked Questions about Houghton
How many homes are for sale in Houghton?
Houghton currently has 0 homes listed for sale.
How long do homes stay on the market in Houghton?
The average days on market in Houghton is 38, based on 3 recent transactions.
What schools are in Houghton?
Houghton is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Houghton may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Houghton?
With 0.0 months of inventory, Houghton is currently a seller's market. This is based on 0 active listings and 3 sales in the past 12 months.
How much are property taxes in Houghton?
Michigan property taxes in Houghton are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Houghton?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Houghton is +8.2%. Shrinking household sizes (from 1.93 to 2.17 persons per household) have increased the number of households needing housing by 292 since 2009 — independent of the 21.7% population growth. This is a secondary demographic indicator, not a primary market measure.