Active Listings
7
⇧ 75% vs 4 last year
Data as of September 2026. Source: Realtor.com.
The WHEELER, MI real estate market (48662) currently shows 7 active listings, with 3 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 44 days on market compared to 196 days last year.
The median listing price has fallen 36% year-over-year, from $298,675 to $191,175.
Population: 1,293 · Density: 10.0/mi² · Median household income: $65,270
Typical home value: $120,573 · Homeownership: 91.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48662 | Wheeler, MI 48662 | 0.0 mi | 1 | $230,000 | $230,000 | $230,000 |
| 48637 | Merrill, MI 48637 | 3.8 mi | 3 | $464,700 | $154,900 | $154,900 |
| 48626 | Hemlock, MI 48626 | 9.3 mi | 16 | $6,552,928 | $373,750 | $409,558 |
| 48847 | Ithaca, MI 48847 | 12.4 mi | 10 | $2,327,700 | $184,500 | $232,770 |
| 48801 | Alma, MI 48801 | 13.5 mi | 46 | $11,279,936 | $211,000 | $245,216 |
| 48623 | Freeland, MI 48623 | 16.0 mi | 43 | $25,918,379 | $519,525 | $602,753 |
| 48883 | Shepherd, MI 48883 | 16.2 mi | 13 | $3,849,521 | $243,175 | $296,117 |
| 48874 | Pompeii, MI 48874 | 17.6 mi | 2 | $168,000 | $84,000 | $84,000 |
| 48603 | Saginaw, MI 48603 | 19.4 mi | 69 | $20,473,542 | $274,425 | $296,718 |
| 48638 | Saginaw, MI 48638 | 19.6 mi | 35 | $10,316,145 | $236,175 | $294,747 |
| 48831 | Elsie, MI 48831 | 20.8 mi | 9 | $1,964,403 | $236,150 | $218,267 |
| 48657 | Sanford, MI 48657 | 21.2 mi | 17 | $5,635,449 | $264,750 | $331,497 |
| 48871 | Perrinton, MI 48871 | 21.8 mi | 2 | $769,800 | $384,900 | $384,900 |
As of September 2026, there are 7 active listings in WHEELER, MI (zip code 48662), compared to 4 the prior year.
The median listing price in WHEELER, MI 48662 is $191,175 as of September 2026, a 36% decrease from $298,675 the prior year.
Homes in WHEELER, MI 48662 spend an average of 44 days on the market before going under contract, compared to 196 days the prior year.
Based on current inventory and days-on-market data as of September 2026, WHEELER, MI 48662 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 196 days last year.
With SELL123.com's maximum 3% commission, sellers in WHEELER, MI 48662 save an estimated $3,824 compared to a typical 5% commission on the median listing price of $191,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.