Above, you'll find an overview of the real estate market in Houghton, MI. Generally, real estate in the Houghton, MI area is less affordable in Michigan, as the median price of a home in Houghton, MI is $138,500, which is 8% higher than the Michigan average. The median rental price in Houghton, MI is $705. This is 12% lower than the average rental price in Michigan. Home owners comprise 41.8% of the population of Houghton, MI, where an average of 2.5 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Houghton, MI. Below, you can search for real estate listings in Houghton, MI using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.