Home values, rents and more in ZIP code 49931 (Houghton, MI)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 49931 in ProMap- Under $160k
- $160k–$180k
- $180k–$210k
- $210k–$240k
- $240k+
- No data
How 49931 compares
The typical home in ZIP code 49931 (Houghton, MI) is worth about $273,000, according to the Zillow Home Value Index for September 2026. Home values in 49931 are 37% above the typical value in the Houghton metro area ($199,000) and 26% below the U.S. typical value ($366,000).
Over the past year, home values in 49931 rose 8.1%, compared with +8.2% in the Houghton metro area and +1.2% nationally.
The median household income is $50,408, against $58,128 in the Houghton metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 10,475 people live in 49931 (American Community Survey 2020–24).
49931 has the 3rd-highest typical home value of the 14 ZIP codes in the Houghton metro area and the 346th-highest of 891 in Michigan with Zillow figures.
Part of: Houghton, MI · Houghton County, MI · Houghton metro area · Michigan
More for 49931 in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.