Call or Text (240) SELL-123

WELLS, MI 49894

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

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$156,200
⇩ 38.7% vs $254,750 last year
Average Price
$156,200
⇩ 38.7% vs $254,750 last year
Days on Market
74
⇩ 38.3% vs 120 days last year

Market Context

Population: 912  ·  Density: 483.2/mi²  ·  Median household income: $58,924

Typical home value: $112,620  ·  Homeownership: 100.0%

Market Analysis

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

The WELLS, MI real estate market (49894) currently shows 2 active listings. Homes are averaging 74 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 74 days on market compared to 120 days last year.

The median listing price has fallen 38.7% year-over-year, from $254,750 to $156,200.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WELLS, MI 49894 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 74 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $156,200 (-38.7% YoY)
  • Average: $156,200 (-38.7% 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 35.7 miles — 79 listings ($28,461,060 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49894Wells, MI 498940.0 mi2$312,400$156,200$156,200
49837Gladstone, MI 498376.2 mi22$6,605,610$248,500$300,255
49878Rapid River, MI 4987815.8 mi17$7,615,439$401,500$447,967
49818Cornell, MI 4981819.0 mi3$1,162,500$387,500$387,500
49886Spalding, MI 4988621.0 mi2$749,900$374,950$374,950
49873Perronville, MI 4987322.2 mi2$329,800$164,900$164,900
49835Garden, MI 4983524.3 mi4$3,398,000$849,500$849,500
49847Hermansville, MI 4984727.4 mi2$182,400$91,200$91,200
49817Cooks, MI 4981730.0 mi2$499,800$249,900$249,900
49821Daggett, MI 4982132.3 mi7$2,796,150$374,450$399,450
49895Wetmore, MI 4989533.1 mi9$3,149,001$325,000$349,889
49887Stephenson, MI 4988734.0 mi6$1,490,160$169,900$248,360
49852Loretto, MI 4985235.7 mi1$169,900$169,900$169,900

Frequently Asked Questions

How many homes are for sale in WELLS, MI 49894?

As of January 2026, there are 2 active listings in WELLS, MI (zip code 49894), compared to 3 the prior year.

What is the median home price in WELLS, MI 49894?

The median listing price in WELLS, MI 49894 is $156,200 as of January 2026, a 38.7% decrease from $254,750 the prior year.

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

Homes in WELLS, MI 49894 spend an average of 74 days on the market before going under contract, compared to 120 days the prior year.

Is it a seller's or buyer's market in WELLS, MI 49894?

Based on current inventory and days-on-market data as of January 2026, WELLS, MI 49894 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 74 days on market compared to 120 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WELLS, MI 49894 save an estimated $3,124 compared to a typical 5% commission on the median listing price of $156,200. 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.