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WELLSTON, MI 49689

Real Estate Market Report  ·  Manistee County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
10
⇩ 33.3% vs 15 last year
Pending
3
30% pending ratio
Median Price
$179,900
⇧ 98% vs $90,850 last year
Average Price
$167,056
⇧ 27.7% vs $130,833 last year
Days on Market
139
⇩ 3.5% vs 144 days last year

Market Context

Population: 1,610  ·  Density: 7.7/mi²  ·  Median household income: $59,712

Typical home value: $122,370  ·  Homeownership: 92.4%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WELLSTON, MI real estate market (49689) currently shows 10 active listings, with 3 pending sales. Homes are averaging 139 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 139 days on market compared to 144 days last year.

The median listing price has risen 98% year-over-year, from $90,850 to $179,900.

Whether you are buying or selling in WELLSTON, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 15 last year
  • Days on market: 139 now vs 144 last year

Median & Average Pricing

Year over Year
  • Median: $179,900 (+98% YoY)
  • Average: $167,056 (+27.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.8 miles — 123 listings ($46,575,644 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49689Wellston, MI 496890.0 mi10$1,670,560$179,900$167,056
49619Brethren, MI 496197.3 mi7$2,920,981$394,450$417,283
49645Kaleva, MI 4964512.3 mi7$1,189,300$169,900$169,900
49625Copemish, MI 4962515.1 mi4$906,000$225,000$226,500
49668Mesick, MI 4966816.6 mi7$2,587,319$288,000$369,617
49411Free Soil, MI 4941118.2 mi9$3,788,901$322,000$420,989
49626Eastlake, MI 4962618.8 mi3$1,089,801$349,900$363,267
49402Branch, MI 4940219.5 mi7$3,467,800$599,000$495,400
49304Baldwin, MI 4930420.9 mi36$16,631,028$222,400$461,973
49620Buckley, MI 4962023.9 mi6$1,732,350$284,950$288,725
49688Tustin, MI 4968824.2 mi14$4,599,504$341,900$328,536
49613Arcadia, MI 4961324.8 mi3$3,142,500$1,047,500$1,047,500
49454Scottville, MI 4945425.8 mi10$2,849,600$280,000$284,960

Frequently Asked Questions

How many homes are for sale in WELLSTON, MI 49689?

As of January 2026, there are 10 active listings in WELLSTON, MI (zip code 49689), compared to 15 the prior year.

What is the median home price in WELLSTON, MI 49689?

The median listing price in WELLSTON, MI 49689 is $179,900 as of January 2026, a 98% increase from $90,850 the prior year.

How long do homes stay on the market in WELLSTON, MI?

Homes in WELLSTON, MI 49689 spend an average of 139 days on the market before going under contract, compared to 144 days the prior year.

Is it a seller's or buyer's market in WELLSTON, MI 49689?

Based on current inventory and days-on-market data as of January 2026, WELLSTON, MI 49689 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 139 days on market compared to 144 days last year.

How much can I save on real estate commission in WELLSTON, MI?

With SELL123.com's maximum 3% commission, sellers in WELLSTON, MI 49689 save an estimated $3,598 compared to a typical 5% commission on the median listing price of $179,900. 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.