Call or Text (240) SELL-123
North Escanaba

WELLS, MI 49894

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

Neighborhoods in ZIP 49894

North Escanaba

Market Analysis

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

The WELLS, MI real estate market (49894) currently shows 3 active listings, with 1 pending sales. Homes are averaging 113 days on the market before going under contract.

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 Context

Market Context

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

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

Market Overview

Active Listings
3
Pending
1
33% pending ratio
Median Price
$152,700
Average Price
$152,700
Days on Market
113

Price Per Square Foot

Median $/sqft
$109
Median Home Size
1,459 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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 36.9 miles — 68 listings ($25,685,970 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49894Wells, MI 498940.0 mi3$409,050$153,050$136,350
49837Gladstone, MI 498376.2 mi23$7,427,459$254,250$322,933
49878Rapid River, MI 4987815.8 mi13$6,016,166$398,000$462,782
49818Cornell, MI 4981819.0 mi2$775,000$387,500$387,500
49886Spalding, MI 4988621.0 mi3$986,376$287,475$328,792
49873Perronville, MI 4987322.2 mi3$366,600$122,200$122,200
49835Garden, MI 4983524.3 mi4$3,398,000$849,500$849,500
49847Hermansville, MI 4984727.4 mi1$62,500$62,500$62,500
49891Trenary, MI 4989131.1 mi2$260,000$130,000$130,000
49834Foster City, MI 4983432.7 mi3$1,248,801$329,900$416,267
49892Vulcan, MI 4989233.6 mi5$2,729,750$575,950$545,950
49816Chatham, MI 4981635.1 mi4$1,666,268$414,150$416,567
49831Felch, MI 4983136.9 mi2$340,000$170,000$170,000

Frequently Asked Questions

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

As of April 2026, there are 3 active listings in WELLS, MI (zip code 49894).

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

The median listing price in WELLS, MI 49894 is $152,700 as of April 2026.

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

Homes in WELLS, MI 49894 spend an average of 113 days on the market before going under contract.

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

Based on current inventory and days-on-market data as of April 2026, WELLS, MI 49894 is currently a Balanced Market.

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 $3,054 compared to a typical 5% commission on the median listing price of $152,700. 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.