North Escanaba
Data as of June 2026. Source: Realtor.com.
The WELLS, MI real estate market (49894) currently shows 3 active listings, with 2 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 30 days on market compared to 32 days last year.
The median listing price has fallen 40% year-over-year, from $259,000 to $155,500.
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 June 2026, there are 3 active listings in WELLS, MI (zip code 49894), compared to 3 the prior year.
The median listing price in WELLS, MI 49894 is $155,500 as of June 2026, a 40% decrease from $259,000 the prior year.
Homes in WELLS, MI 49894 spend an average of 30 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of June 2026, WELLS, MI 49894 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 30 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in WELLS, MI 49894 save an estimated $3,110 compared to a typical 5% commission on the median listing price of $155,500. 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.