City

HANCOCK, MI

Houghton, MI

Median home value: $208K (+8.7% YoY). Part of Houghton, MI.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Houghton, MI metro page.

Home Value$207,616
+8.7%
AFFORDABILITY

Enter your income for Hancock.

$41,523 on $207,616
Affordable — 22.3% of income

Under the 28% guideline.

PITI$1,396
P/I22.3%
Afford$260K
Room+$53K
P&I $996Tax $266Ins $133
6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Hancock Housing Market | CrashWatch