Is Houghton Lake, MI 48629 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Houghton Lake is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.7Under 4 months = seller’s market

Sold above original list18.2%Share of sales, last 3 months

Median sale-to-list95.8%Sold price ÷ list price

Median days on market34Listing to accepted offer

Median price per sq ft$192▲ +9.0% vs. last year

Run the numbers for 48629

Prefilled for 48629Can I win this house?Multiple-offer likelihood for a listing Prefilled for 48629Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Higgins Lake 48627 — /sq ft Houghton Lake Heights 48630Seller’s market $192 /sq ft Prudenville 48651Seller’s market $176 /sq ft Roscommon 48653Seller’s market $172 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology