49931, MI Housing Market
The 49931 housing market is somewhat competitive. The median sale price of a home in 49931 was $295K last month, up 17.9% since last year. The median sale price per square foot in 49931 is $112, down 15.2% since last year.
49931 Housing Market Trends
In November 2025, 49931 home prices were up 17.9% compared to last year, selling for a median price of $295K. On average, homes in 49931 sell after 57 days on the market compared to 66 days last year. There were 17 homes sold in November this year, down from 18 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 6 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 64 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 5% below list price and go pending in around 67 days.
- Hot homescan sell for around list price and go pending in around 41 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 2% below list price and go pending in around 55 days.
- Hot homescan sell for about 1% above list price and go pending in around 42 days.
View houses in 49931 that sold recently
Recently sold homes
- $325,000 Last Sold Price7 beds3 baths1,664 sq ft809 E Montezuma Ave, Houghton, MI 49931(906) 482-0001List Price$300,000Sale to List8% over listDays on Market64 days809 E Montezuma Ave, Houghton, MI 49931
- $1,023,000 Last Sold Price3 beds3 baths1,705 sq ft7007 Sandpiper Dr, Houghton, MI 49931(906) 482-0001List Price$1,023,000Sale to List0% over listDays on Market-6 days7007 Sandpiper Dr, Houghton, MI 49931
- $255,000 Last Sold Price2 beds2 baths1,344 sq ft19426 Copper Ridge Rd, Houghton, MI 49931(906) 482-1000List Price$264,900Sale to List4% under listDays on Market84 days19426 Copper Ridge Rd, Houghton, MI 49931
- $85,0004 beds1.5 baths1,544 sq ft19747 Epidote St, Dodgeville, MI 49921List Price—Sale to List—Days on Market—19747 Epidote St, Dodgeville, MI 49921
- $115,000 Last Sold Price2 beds1 bath1,024 sq ft510 W Baraga Ave, Houghton, MI 49931List Price$135,750Sale to List15% under listDays on Market28 days510 W Baraga Ave, Houghton, MI 49931
- $45,000 Last Sold Price—beds—baths—sq ft21505 River Trails Rd, Houghton, MI 49931(906) 482-6955List Price$52,500Sale to List14% under listDays on Market468 days21505 River Trails Rd, Houghton, MI 49931
- $45,000 Last Sold Price—beds—baths—sq ft21505 River Rd, Houghton, MI 49931List Price$52,500Sale to List14% under listDays on Market468 days21505 River Rd, Houghton, MI 49931
- $85,500 Last Sold Price—beds—baths—sq ftTBD Ruohonen Rd Rd, Houghton, MI 49931(906) 225-5263List Price$90,000Sale to List5% under listDays on Market63 daysTBD Ruohonen Rd Rd, Houghton, MI 49931
See all recently sold homes in 49931.
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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 | 9 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 | 3 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

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