Is Houghton, MI 49931 a buyer’s or seller’s market?

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

Houghton is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score30/ 100

More competitive than 27% of U.S. ZIP codes, and #454 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.6Under 4 months = seller’s market

Sold above original list19%Share of sales, last 3 months

Median sale-to-list97%Sold price ÷ list price

Median days on market50Listing to accepted offer

Median price per sq ft$162▲ +13.0% vs. last year

Run the numbers for 49931

Prefilled for 49931Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49931Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Atlantic Mine 49905Seller’s market $122 /sq ft Calumet 49913Buyer’s market $97 /sq ft Chassell 49916Balanced $226 /sq ft Dodgeville 49921Seller’s market $167 /sq ft Browse all markets →

More tools for 49931

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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