$2,124 Closing Credit*
$178,900
1,455 SqFt
3 Beds
•1 Full Bath, 1 Partial
#50162662, JENNIFER DEEPHOUSE, Listing Office: STATE WIDE OF HOUGHTON
Is Houghton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Houghton Township has remained a Seller's Market.
Key Takeaway
Houghton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Houghton Township, MI
How much do homes in Houghton Township, MI cost?
Median Sold Price
$254,500
$170/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$15,000(+6.3%)
Key Takeaway
Homes in Houghton Township have sold for 6.3% more than they did a month ago.
Summary: The median home sold price in Houghton Township was $254,500 in November 2024, up 6.3% from last month, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $245K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $210K | - | N/A |
| 4 Bedrooms | $322K | $264K | -18.0% |
| 5+ Bedrooms | $250.2K | - | N/A |
Summary: Houghton Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 18%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Allouez Township | $45K | $275K | +511.1% |
| Houghton Township | $239.5K | $254.5K | +6.3% |
Housing Supply in Houghton Township, MI
How many homes are available in Houghton Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Summary: The Houghton Township real estate market had 13 homes for sale in November 2024, a 23.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Houghton Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Houghton Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Houghton Township in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Houghton Township, MI
How long does it take to sell a home in Houghton Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 32 Days | +36.5% |
Summary: Homes in Houghton Township had an average of 32 days on market in Nov 2024, up by 36.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Houghton Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Houghton Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.