Population: 912 · Density: 483.2/mi² · Median household income: $58,924
Typical home value: $112,620 · Homeownership: 100.0%
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49894 | Wells, MI 49894 | 0.0 mi | 2 | $312,400 | $156,200 | $156,200 |
| 49837 | Gladstone, MI 49837 | 6.2 mi | 22 | $6,605,610 | $248,500 | $300,255 |
| 49878 | Rapid River, MI 49878 | 15.8 mi | 17 | $7,615,439 | $401,500 | $447,967 |
| 49818 | Cornell, MI 49818 | 19.0 mi | 3 | $1,162,500 | $387,500 | $387,500 |
| 49886 | Spalding, MI 49886 | 21.0 mi | 2 | $749,900 | $374,950 | $374,950 |
| 49873 | Perronville, MI 49873 | 22.2 mi | 2 | $329,800 | $164,900 | $164,900 |
| 49835 | Garden, MI 49835 | 24.3 mi | 4 | $3,398,000 | $849,500 | $849,500 |
| 49847 | Hermansville, MI 49847 | 27.4 mi | 2 | $182,400 | $91,200 | $91,200 |
| 49817 | Cooks, MI 49817 | 30.0 mi | 2 | $499,800 | $249,900 | $249,900 |
| 49821 | Daggett, MI 49821 | 32.3 mi | 7 | $2,796,150 | $374,450 | $399,450 |
| 49895 | Wetmore, MI 49895 | 33.1 mi | 9 | $3,149,001 | $325,000 | $349,889 |
| 49887 | Stephenson, MI 49887 | 34.0 mi | 6 | $1,490,160 | $169,900 | $248,360 |
| 49852 | Loretto, MI 49852 | 35.7 mi | 1 | $169,900 | $169,900 | $169,900 |
As of January 2026, there are 2 active listings in WELLS, MI (zip code 49894), compared to 3 the prior year.
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.
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.
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.
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.