Port Huron, Michigan Housing Market Prices
Port Huron Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 46% above the Michigan median$201,839
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Median rent 13% below the Michigan median$980
Housing Market Overview
| Metric | Port Huron | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $201,839 | $138,713 | $248,835 |
| Price Trend (Annual %) | 15.6% | 8.6% | 7.5% |
| Median Gross Rent | $980 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Port Huron is about 46% higher than in Michigan. Rent is about 13% lower than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Port Huron, up about 15.6% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Port Huron rose about 41.6% between 2015 and 2024, from $692 to $980. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 4.0 yearly household incomes in Port Huron.
Buying the median-priced home in Port Huron costs roughly 17.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Port Huron. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Port Huron | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $201,839 | $138,713 | $248,835 |
| Median Household Income | $50,392 | $72,977 | $80,455 |
| Price-to-Income Ratio | 4.0 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Port Huron rose about 582.6%, while median household income rose about 34.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Port Huron | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.0% | 64.6% | 58.5% |
| Rental Rate | 35.4% | 23.6% | 31.2% |
| Vacancy Rate | 7.6% | 11.8% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Port Huron has a homeownership rate of 57.0%, lower than the Michigan average of 64.6%. Its housing vacancy rate is 7.6%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Port Huron | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.21 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1956 | 1972 | 1978 |
| Median Number of Rooms | 5.5 | 5.9 | 5.5 |
The typical housing unit in Port Huron was built around 1956. On average, 2.2 people live in a home with about 5.5 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Port Huron, Michigan.
What is the median home price in Port Huron, Michigan?
The median home price in Port Huron, Michigan is $201,839, higher than the Michigan average of $138,713.
What is the average home price in Port Huron, Michigan?
The typical home price in Port Huron, Michigan, reported as the median sale price, is $201,839. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Port Huron, Michigan?
The median gross rent in Port Huron, Michigan is $980 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Port Huron in 2020?
In 2020, the median gross rent in Port Huron, Michigan was $801 per month.
What is the price-to-rent ratio in Port Huron, Michigan?
The price-to-rent ratio in Port Huron, Michigan is about 17.2, meaning it would take roughly 17.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Port Huron.
Are home prices or rent rising faster in Port Huron, Michigan?
Both home prices and rent are rising in Port Huron, up about 15.6% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Port Huron, Michigan?
57.0% of households in Port Huron, Michigan own their home, lower than the Michigan average of 64.6%.
What is the vacancy rate in Port Huron, Michigan?
The housing vacancy rate in Port Huron, Michigan is 7.6%, lower than the Michigan average of 11.8%.
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