Active Listings
3
⇧ 50% vs 2 last year
North Escanaba
Data as of March 2026. Source: Realtor.com.
The WELLS, MI real estate market (49894) currently shows 3 active listings, with 1 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 48 days on market compared to 3 days last year.
The median listing price has fallen 38.1% year-over-year, from $199,000 to $123,100.
Whether you are buying or selling in WELLS, 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: 912 · Density: 483.2/mi² · Median household income: $58,924
Typical home value: $112,620 · Homeownership: 100.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49894 | Wells, MI 49894 | 0.0 mi | 3 | $409,050 | $153,050 | $136,350 |
| 49837 | Gladstone, MI 49837 | 6.2 mi | 23 | $7,427,459 | $254,250 | $322,933 |
| 49878 | Rapid River, MI 49878 | 15.8 mi | 13 | $6,016,166 | $398,000 | $462,782 |
| 49818 | Cornell, MI 49818 | 19.0 mi | 2 | $775,000 | $387,500 | $387,500 |
| 49886 | Spalding, MI 49886 | 21.0 mi | 3 | $986,376 | $287,475 | $328,792 |
| 49873 | Perronville, MI 49873 | 22.2 mi | 3 | $366,600 | $122,200 | $122,200 |
| 49835 | Garden, MI 49835 | 24.3 mi | 4 | $3,398,000 | $849,500 | $849,500 |
| 49847 | Hermansville, MI 49847 | 27.4 mi | 1 | $62,500 | $62,500 | $62,500 |
| 49891 | Trenary, MI 49891 | 31.1 mi | 2 | $260,000 | $130,000 | $130,000 |
| 49834 | Foster City, MI 49834 | 32.7 mi | 3 | $1,248,801 | $329,900 | $416,267 |
| 49892 | Vulcan, MI 49892 | 33.6 mi | 5 | $2,729,750 | $575,950 | $545,950 |
| 49816 | Chatham, MI 49816 | 35.1 mi | 4 | $1,666,268 | $414,150 | $416,567 |
| 49831 | Felch, MI 49831 | 36.9 mi | 2 | $340,000 | $170,000 | $170,000 |
As of March 2026, there are 3 active listings in WELLS, MI (zip code 49894), compared to 2 the prior year.
The median listing price in WELLS, MI 49894 is $123,100 as of March 2026, a 38.1% decrease from $199,000 the prior year.
Homes in WELLS, MI 49894 spend an average of 48 days on the market before going under contract, compared to 3 days the prior year.
Based on current inventory and days-on-market data as of March 2026, WELLS, MI 49894 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 3 days last year.
With SELL123.com's maximum 3% commission, sellers in WELLS, MI 49894 save an estimated $2,462 compared to a typical 5% commission on the median listing price of $123,100. 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.