Active Listings
2
⇩ 33.3% vs 3 last year
Data as of July 2026. Source: Realtor.com.
The WHEELER, MI real estate market (48662) currently shows 2 active listings, with 2 pending sales. Homes are averaging 8 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 8 days on market compared to 94 days last year.
The median listing price has fallen 48.4% year-over-year, from $191,200 to $98,750.
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.
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 July 2026, there are 2 active listings in WHEELER, MI (zip code 48662), compared to 3 the prior year.
The median listing price in WHEELER, MI 48662 is $98,750 as of July 2026, a 48.4% decrease from $191,200 the prior year.
Homes in WHEELER, MI 48662 spend an average of 8 days on the market before going under contract, compared to 94 days the prior year.
Based on current inventory and days-on-market data as of July 2026, WHEELER, MI 48662 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 8 days on market compared to 94 days last year.
With SELL123.com's maximum 3% commission, sellers in WHEELER, MI 48662 save an estimated $1,975 compared to a typical 5% commission on the median listing price of $98,750. 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.