Duncan, MI housing market
No new homes were permitted in 2007.
Home values, sales, trends and how Duncan compares with the towns next door — updated as new data is published.
No new homes permitted in 2007
No permits for new homes were issued in Duncan in 2007. The last year with any was 2003 (10 new homes).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 10 | 10 | 0 | $200,000 |
| 2002 | 22 | 22 | 0 | $300,000 |
| 2001 | 5 | 5 | 0 | $120,000 |
| 2000 | 0 | 0 | 0 | — |
Duncan's permit office didn't report to the Census in 2007, so the 2007 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Duncan and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Duncan | — | — | $980 | — | $47,188 |
| Covington | — | — | $980 | 0 | $55,547 |
| Interior | — | — | $990 | 0 | $42,500 |
| Iron River | $124K | +5.5% | $1,080 | — | $55,655 |
| Bates | — | +14%† | $1,090 | — | $54,688 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Duncan is $980 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $750 · 4 bedrooms $1,620
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49961, 49967; Houghton County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.