Active Listings
1
⇩ 66.7% vs 3 last year
Population: 1,293 · Density: 10.0/mi² · Median household income: $65,270
Typical home value: $120,573 · Homeownership: 91.2%
Data as of January 2026. Source: Realtor.com.
The WHEELER, MI real estate market (48662) currently shows 1 active listings, with 1 pending sales. Homes are averaging 19 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 19 days on market compared to 37 days last year.
The median listing price has risen 360% year-over-year, from $50,000 to $230,000.
Whether you are buying or selling in WHEELER, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| 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 | $6,330,128 | $267,500 | $395,633 |
| 48847 | Ithaca, MI 48847 | 12.4 mi | 13 | $2,899,910 | $190,500 | $223,070 |
| 48801 | Alma, MI 48801 | 13.5 mi | 47 | $11,305,145 | $187,500 | $240,535 |
| 48806 | Ashley, MI 48806 | 15.6 mi | 1 | $219,900 | $219,900 | $219,900 |
| 48609 | Saginaw, MI 48609 | 16.2 mi | 29 | $11,251,130 | $239,400 | $387,970 |
| 48807 | Bannister, MI 48807 | 17.2 mi | 2 | $459,800 | $229,900 | $229,900 |
| 48832 | Elwell, MI 48832 | 18.5 mi | 6 | $1,037,880 | $190,000 | $172,980 |
| 48649 | Oakley, MI 48649 | 19.5 mi | 5 | $1,688,400 | $364,500 | $337,680 |
| 48616 | Chesaning, MI 48616 | 20.8 mi | 17 | $4,955,653 | $219,900 | $291,509 |
| 48657 | Sanford, MI 48657 | 21.2 mi | 19 | $6,865,118 | $290,000 | $361,322 |
| 48877 | Riverdale, MI 48877 | 21.8 mi | 3 | $529,200 | $176,400 | $176,400 |
As of January 2026, there are 1 active listings in WHEELER, MI (zip code 48662), compared to 3 the prior year.
The median listing price in WHEELER, MI 48662 is $230,000 as of January 2026, a 360% increase from $50,000 the prior year.
Homes in WHEELER, MI 48662 spend an average of 19 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WHEELER, MI 48662 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 19 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in WHEELER, MI 48662 save an estimated $4,600 compared to a typical 5% commission on the median listing price of $230,000. 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.