Houghton Lake Real Estate
120 active listings · 262 sold in the past 12mo
$248,500
Median List Price
262
Sold (past 12mo)
62
Avg Days on Market
+77.9%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Houghton Lake Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Houghton Lake and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(120)
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For Sale
1/42
$1,150,000
200 Mcdonald Drive, Houghton Lake, MI 48629
4 bd1 ba0.67 ac
Single Family
For Sale
1/69
$1,100,000
4868 W Houghton Lake Drive, Houghton Lake, MI 48629
4 bd2 ba0.66 ac
Single Family
For Sale
1/95
$999,900
2185 E Houghton Drive, Houghton Lake, MI 48629
5 bd3 ba0.48 ac
Single Family
For Sale
1/99
$999,900
2185 E Houghton Lake Drive, Houghton Lake, MI 48629
5 bd3 ba0.48 ac
Single Family
For Sale
1/70
$999,000
5783 W Houghton Lake Drive, Houghton Lake, MI 48629
3 bd4 ba0.67 ac
Single Family
For Sale
1/60
$998,000
4690 Birchcrest Drive, Houghton Lake, MI 48629
6 bd4 ba0.25 ac
Single Family
For Sale
1/62
$998,000
4690 Birchcrest Drive, Houghton Lake, MI 48629
6 bd4 ba0.26 ac
Single Family
For Sale
1/56
$895,000
213 Bayshore Drive, Houghton Lake, MI 48629
3 bd2 ba0.14 ac
Single Family
For Sale
1/87
$849,000
6330 W Houghton Lake Drive, Houghton Lake, MI 48629
13 bd7 ba3,800 sqft0.30 ac
Single Family
For Sale
1/49
$739,000
159 Dale Drive, Houghton Lake, MI 48629
4 bd2 ba0.52 ac
Single Family
Under Contract
1/35
$719,900
5880 W Houghton Lake Drive, Houghton Lake, MI 48629
3 bd3 ba
Single Family
For Sale
1/35
$700,000
5358 W Houghton Lake Drive, Houghton Lake, MI 48629
0.43 ac
Multi-Fam
For Sale
1/85
$699,000
12739 E Houghton Lake Drive, Houghton Lake, MI 48629
5 bd3 ba0.27 ac
Single Family
For Sale
1/54
$595,000
2229 S Loxley Road, Houghton Lake, MI 48629
3 bd3 ba2 ac
Single Family
For Sale
1/39
$549,900
4876 W Houghton Lake Drive, Houghton Lake, MI 48629
3 bd2 ba0.33 ac
Single Family
For Sale
1/39
$549,900
4876 W Houghton Lake Drive, Houghton Lake, MI 48629
3 bd2 ba
Single Family
For Sale
1/59
$549,000
5257/5259 W Houghton Lake Drive, Houghton Lake, MI 48629
Multi-Fam
For Sale
1/59
$549,000
5257/5259 W Houghton Lake Drive, Houghton Lake, MI 48629
3 bd2 ba0.48 ac
Single Family
For Sale
1/53
$519,000
115 Miami Drive, Houghton Lake, MI 48629
3 bd2 ba0.27 ac
Single Family
For Sale
1/36
$489,900
108 Eastbrook Avenue, Houghton Lake, MI 48629
3 bd2 ba0.20 ac
Single Family
For Sale
1/56
$489,000
7852 W Nestel Road, Houghton Lake, MI 48629
3 bd2 ba2.50 ac
Single Family
For Sale
1/28
$439,900
102 Dockside Drive, Houghton Lake, MI 48629
3 bd2 ba0.26 ac
Single Family
For Sale
1/47
$425,000
8848 State Avenue, Houghton Lake, MI 48629
1 bd1 ba0.32 ac
Single Family
For Sale
1/42
$419,900
895 Smeaton Road, Houghton Lake, MI 48629
3 bd2 ba18.81 ac
Single Family
Recently Sold(262)
Frequently Asked Questions about Houghton Lake
How many homes are for sale in Houghton Lake?
Buyers in Houghton Lake can choose from 120 active listings. The median asking price is $248,500.
What are home prices like in Houghton Lake?
The median sale price in Houghton Lake is $248,500, based on 262 closed sales over the past 12 months.
What is the average days on market in Houghton Lake?
Homes in Houghton Lake sell in an average of 62 days, based on 262 sales over the past 12 months.
Which school districts cover Houghton Lake?
Houghton Lake is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Houghton Lake may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Houghton Lake real estate market?
With 5.5 months of inventory, Houghton Lake is currently a balanced market. This is based on 120 active listings and 262 sales in the past 12 months.
How are property taxes calculated in Houghton Lake?
Michigan property taxes in Houghton Lake are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
Is housing demand growing in Houghton Lake?
Per U.S. Census ACS data, Houghton Lake has a +77.9% Household Formation Gap over the past 15 years. Average household size decreased from 2.3 to 2.05, creating demand for approximately 1,230 additional housing units even as population grew 58.6%. HFG is a secondary market indicator — it reflects demographic trends, not a primary measure like income-based affordability.