Home prices
The median home cost in Houghton is $155,600. It is roughly $66,300 (74%) higher in comparison to nearby areas.It is roughly $61,900 (28%) lower in comparison to the rest of the country, and is about $31,700 (16%) lower compared to the city of Marquette.
Rents
The median rent in Houghton is $665 per month. This is approximately $47 (7%) higher compared to the surrounding areas.Compared to the United States as a whole it is roughly $397 (37%) lower, and is approximately $130 (16%) lower in comparison to the city of Marquette.
Nearby places
Hancock
Hancock is roughly 1 mile northwest of Houghton. The housing prices there are substantially less expensive. Hancock's median home cost is $110,200, which comes out to $45,400 (41%) lower than Houghton. Its rents are somewhat less expensive. The median rent in Hancock is $580 per month, which works out to $85 (14%) lower than Houghton.
Dollar Bay
Dollar Bay is approximately 2 miles east from Houghton. Its real estate prices are a little less expensive. The price of the median home in Dollar Bay is $118,500, which is $37,100 (31%) lower than Houghton. The rent there is a bit more expensive. Dollar Bay's median monthly rent is $745, which is $80 (10%) higher than Houghton.
South Range
South Range is roughly 3 miles southwest of Houghton. The housing prices there are significantly less expensive. The value of the median home in South Range is $74,000, which works out to $81,600 (110%) lower than Houghton. Its rents are a little less expensive. South Range's median rent is $556 a month, which comes out to $109 (19%) lower than Houghton.
Hubbell
Hubbell is approximately 6 miles northeast of Houghton. Real estate prices there are a lot less expensive. The median home cost in Hubbell is $71,900, which comes out to $83,700 (116%) lower than Houghton. The rent there is somewhat more expensive. The median monthly rent in Hubbell is $716, which is $51 (7%) higher than Houghton.
Lake Linden
Lake Linden is approximately 8 miles northeast of Houghton. Real estate prices there are significantly less expensive. The median home in Lake Linden costs $71,900, which is $83,700 (116%) lower than Houghton. Its rents are a lot less expensive. In Lake Linden the median rent is $494 a month, which comes out to $171 (34%) lower than Houghton.
