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WELLSTON, MI 49689

Real Estate Market Report  ·  Manistee County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The WELLSTON, MI real estate market (49689) currently shows 10 active listings, with 5 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 66 days on market compared to 59 days last year.

The median listing price has risen 9.1% year-over-year, from $199,000 to $217,175.

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 Context

Market Context

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

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

Market Overview

Active Listings
10
⇩ 23.1% vs 13 last year
Pending
5
50% pending ratio
Median Price
$217,175
⇧ 9.1% vs $199,000 last year
Average Price
$269,358
⇧ 50.6% vs $178,859 last year
Days on Market
66
⇧ 11.9% vs 59 days last year

Price Per Square Foot

Median $/sqft
$190
⇧ 11.8% vs $170/sqft last year
Median Home Size
1,218 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 13 last year
  • Days on market: 66 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $217,175 (+9.1% YoY)
  • Average: $269,358 (+50.6% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.9 miles — 155 listings ($56,224,231 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49689Wellston, MI 496890.0 mi8$1,210,904$139,900$151,363
49619Brethren, MI 496197.3 mi7$2,830,016$295,000$404,288
49645Kaleva, MI 4964512.3 mi4$1,297,000$324,250$324,250
49625Copemish, MI 4962515.1 mi3$1,125,000$375,000$375,000
49668Mesick, MI 4966816.6 mi6$1,892,280$228,225$315,380
49410Fountain, MI 4941017.4 mi8$1,830,168$179,900$228,771
49614Bear Lake, MI 4961418.4 mi9$3,742,974$350,000$415,886
49675Onekama, MI 4967518.8 mi10$7,636,250$584,500$763,625
49601Cadillac, MI 4960119.6 mi61$20,732,680$201,825$339,880
49683Thompsonville, MI 4968322.7 mi20$9,440,420$395,000$472,021
49642Idlewild, MI 4964224.1 mi6$1,149,000$145,000$191,500
49623Chase, MI 4962324.2 mi7$1,647,849$232,400$235,407
49405Custer, MI 4940524.9 mi6$1,689,690$299,900$281,615

Frequently Asked Questions

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

As of April 2026, there are 10 active listings in WELLSTON, MI (zip code 49689), compared to 13 the prior year.

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

The median listing price in WELLSTON, MI 49689 is $217,175 as of April 2026, a 9.1% increase from $199,000 the prior year.

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

Homes in WELLSTON, MI 49689 spend an average of 66 days on the market before going under contract, compared to 59 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 April 2026, WELLSTON, MI 49689 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 66 days on market compared to 59 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 $4,344 compared to a typical 5% commission on the median listing price of $217,175. 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.