The median home in Dollar Bay, Michigan is valued at $157,548, up 1.9% year over year. Dollar Bay is part of the Houghton, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$157,548

+1.9%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$31,510 on $157,548

Example: $75,000 household income. Change it above to see your own.

Affordable18.1% of income

Under the 28% guideline.

PITI$1,132

P/I18.1%

Afford$244K

Room+$86K

P&I $797Tax $202Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Dollar Bay with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Houghton, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Houghton, MI metro.

View Houghton, MI metro

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Dollar Bay, MI