Zip 48629 (Houghton Lake, MI) Housing

Housing in 48629 Houghton Lake, MI is quite affordable compared to the US median house value of $338,100. The median housing value in Houghton Lake is currently $156,000 and has seen a 9.86% increase in appreciation over the past year. This is especially impressive when compared to the US 1 year house appreciation rate of 8.27%. All things considered, Houghton Lake remains a great place for potential homebuyers looking for affordable and appreciating real estate options.

The median home cost in Houghton Lake (zip 48629) is $156,000. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Houghton Lake (zip 48629) is up 15.7%.

Average Age of Homes

- The median age of Houghton Lake (zip 48629) real estate is 43 years old

The Rental Market in Houghton Lake (zip 48629)

- Renters make up 12.1% of the Houghton Lake (zip 48629) population
- 1.0% of houses and apartments in Houghton Lake (zip 48629), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Houghton Lake, Michigan	United States
	7,186.0	139,647,020.0
	44	42
	$156,000	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$11.18	$10.98
	$1,363	$2,690
	41.1%	57.4%
	49.4%	11.2%
	9.5%	31.4%
Vacant Housing
	1.0%	1.9%
	0.3%	0.4%
	2.5%	0.7%
	0.5%	0.4%
	42.9%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	6.3%	2.4%
	6.9%	2.8%
	9.2%	3.9%
	14.9%	4.5%
	22.5%	11.3%
	10.4%	13.0%
	13.9%	20.1%
	7.7%	13.6%
	2.8%	8.3%
	0.9%	9.7%
	0.3%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.7%	13.6%
	8.7%	13.6%
	16.3%	13.6%
	13.2%	13.2%
	23.0%	14.8%
	16.3%	13.6%
	10.5%	10.0%
	5.3%	4.7%
	2.7%	12.2%

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