49931, MI Housing Market
The 49931 housing market is somewhat competitive. The median sale price of a home in 49931 was $277K last month, up 35.1% since last year. The median sale price per square foot in 49931 is $141, down 35.7% since last year.
49931 Housing Market Trends
In July 2025, 49931 home prices were up 35.1% compared to last year, selling for a median price of $277K. On average, homes in 49931 sell after 50 days on the market compared to 46 days last year. There were 25 homes sold in July this year, up from 21 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 49931 housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 63 days.
- Hot homescan sell for around list price and go pending in around 48 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 67 days.
- Hot homescan sell for around list price and go pending in around 33 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 48 days.
- Hot homescan sell for about 2% above list price and go pending in around 31 days.
View houses in 49931 that sold recently
Recently sold homes
- $275,000 Last Sold Price2 beds1.5 baths1,034 sq ft714 W Jacker Ave, Houghton, MI 49931(906) 482-1000List Price$299,900Sale to List8% under listDays on Market67 days714 W Jacker Ave, Houghton, MI 49931
- $525,000 Last Sold Price3 beds2.5 baths1,650 sq ft1026 Red Oak Ln, Houghton, MI 49931(906) 482-0001List Price$525,000Sale to List0% over listDays on Market104 days1026 Red Oak Ln, Houghton, MI 49931
- $183,000 Last Sold Price2 beds1.5 baths768 sq ft51902 Canal Rd, Houghton, MI 49931(906) 482-1000List Price$186,900Sale to List2% under listDays on Market170 days51902 Canal Rd, Houghton, MI 49931
- $90,000 Last Sold Price—beds—baths—sq ft21658 River Trails Rd, Houghton, MI 49931(906) 482-6955List Price$95,000Sale to List5% under listDays on Market112 days21658 River Trails Rd, Houghton, MI 49931
- $90,000 Last Sold Price—beds—baths—sq ft21658 River Rd, Houghton, MI 49931List Price$95,000Sale to List5% under listDays on Market112 days21658 River Rd, Houghton, MI 49931
- $425,500 Last Sold Price3 beds2 baths1,660 sq ft303 7th Ave, Houghton, MI 49931(906) 482-0001List Price$449,000Sale to List5% under listDays on Market80 days303 7th Ave, Houghton, MI 49931
- $175,000 Last Sold Price4 beds1 bath1,998 sq ft405 W South Ave #1, Houghton, MI 49931(906) 482-1000List Price$195,800Sale to List11% under listDays on Market100 days405 W South Ave #1, Houghton, MI 49931
- $418,000 Last Sold Price4 beds3 baths1,715 sq ft2004 Hunters Ln, Houghton, MI 49931(906) 482-0001List Price$418,000Sale to List0% over listDays on Market64 days2004 Hunters Ln, Houghton, MI 49931
See all recently sold homes in 49931.
See listings
Schools in 49931
- Elementary
- Middle
- High
GreatSchools Rating
9/10 South Range Elementary School Public • K-6 | 212 Students | 3 reviews |
8/10 Houghton Elementary School Public • K-5 | 643 Students | 8 reviews |
7/10 Dollar Bay-Tamarack City Area School Public • PreK-12 | 306 Students | 2 reviews |
5/10 Barkell Elementary School Public • K-5 | 272 Students | 2 reviews |
NR T.R. Davis Elementary School Public • K-6 | 173 Students | 1 reviews |
Climate's impact on 49931 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 49931.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

More real estate resources for 49931
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