49805 — Houghton County, Michigan Market Snapshot
Housing market data for zip code 49805 in Houghton County, Michigan. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Houghton County county page for broader data.
Market Sales Data
1 sales in 2026 (year to date)
Median Sale Price
$852,380
Days to Sell
186
Homes Sold
1
Inventory
2
Jumbo Loan Likely Needed
The median home in 49805 at $852,380 exceeds the 2026 conforming loan limit of $832,750 by $19,630. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
With homes sitting for 186 days on average, 49805 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Conforming Loan Feasibility
The median home in 49805 at $852,380 exceeds the 2026 conforming loan limit of $832,750 by $19,630. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 49805 are set at the county level.
2026 Loan Limits — Houghton County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 49805
To purchase the median home at $852,380 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,681.
Monthly Payment
$6,681
Income Required
$286,314
Principal & Interest
$5,252/mo
Down Payment (5%)
$42,619
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 49805.
Estimated Monthly Payment
$5,425
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