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📍 Copper Harbor, MI · Zillow ZHVI · July 2026

Average Home Price in
Copper Harbor, MI

Houghton, MI metro area · Keweenaw County County

Median Home Value
$290,344
↑ 11.2% year-over-year
vs. National Median
$410,000
Copper Harbor is 29% below
Est. Monthly Payment
$1,514/mo
20% down · 6.8% rate
Income Needed
$77K
gross annual (30% rule)
Median Home Value
$290,344
↑ 11.2% year-over-year
Down Payment (20%)$58,069
Monthly P&I$1,514/mo
With Taxes & Ins.~$1,923/mo
Income Needed$76,920/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Copper Harbor, MI

The median home value in Copper Harbor, MI is $290,344 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.2% compared to a year ago and up 8.9% from two years prior.

Compared to the U.S. national median of $410,000, homes in Copper Harbor are priced29% below average. Copper Harbor is part of the Houghton, MI metro area.

City Comparison

Copper Harbor vs. National Median

🏠 Copper Harbor
$290,344
National Median
$410,000

At $290,344, homes in Copper Harbor cost 29% below the national median of $410,000. This makes Copper Harbor a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Copper Harbor?

20% Down Payment
$58,069
on $290,344
Monthly P&I
$1,514/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,923/mo
incl. taxes & insurance
Income Needed
$76,920
gross annual (30% rule)
10% Down Option
$29,034
+ PMI applies
Loan Amount (20% dn)
$232,275
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Copper Harbor, MI?
The median home value in Copper Harbor is $290,344 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.2% year-over-year.
How much have home prices changed in Copper Harbor?
Over the past year, home values in Copper Harbor have increased by 11.2%.
How much do I need to earn to buy a home in Copper Harbor?
To comfortably afford the median home price of $290,344 with a 20% down payment ($58,069) at today's rates (6.8%), you'd need a gross annual income of approximately $76,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Copper Harbor compare to the national average home price?
The national median home value is approximately $410,000. At $290,344, homes in Copper Harbor are 29% below the national average.
What metro area is Copper Harbor part of?
Copper Harbor is part of the Houghton, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.