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WETMORE, MI 49895

Real Estate Market Report  ·  Alger County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
9
⇩ 10% vs 10 last year
Pending
1
11% pending ratio
Median Price
$325,000
⇩ 29.5% vs $461,188 last year
Average Price
$349,889
⇩ 29.7% vs $497,606 last year
Days on Market
107
⇧ 16.3% vs 92 days last year

Market Context

Population: 873  ·  Density: 1.5/mi²  ·  Median household income: $48,125

Typical home value: $152,755  ·  Homeownership: 84.1%

Market Analysis

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

The WETMORE, MI real estate market (49895) currently shows 9 active listings, with 1 pending sales. Homes are averaging 107 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 taking longer to sell, averaging 107 days on market compared to 92 days last year.

The median listing price has fallen 29.5% year-over-year, from $461,188 to $325,000.

Whether you are buying or selling in WETMORE, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 10 last year
  • Days on market: 107 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $325,000 (-29.5% YoY)
  • Average: $349,889 (-29.7% 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 40.4 miles — 80 listings ($25,381,477 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49895Wetmore, MI 498950.0 mi9$3,149,001$325,000$349,889
49862Munising, MI 4986214.8 mi20$8,446,120$244,000$422,306
49817Cooks, MI 4981717.2 mi2$499,800$249,900$249,900
49891Trenary, MI 4989117.9 mi3$390,000$130,000$130,000
49806Au Train, MI 4980621.7 mi2$509,900$254,950$254,950
49872Perkins, MI 4987222.5 mi2$354,000$177,000$177,000
49822Deerton, MI 4982226.1 mi1$787,500$787,500$787,500
49885Skandia, MI 4988528.0 mi1$114,750$114,750$114,750
49837Gladstone, MI 4983729.2 mi22$6,605,610$248,500$300,255
49894Wells, MI 4989433.2 mi2$312,400$156,200$156,200
49883Seney, MI 4988335.2 mi3$928,500$309,500$309,500
49836Germfask, MI 4983637.3 mi1$189,900$189,900$189,900
49841Gwinn, MI 4984140.4 mi12$3,093,996$194,000$257,833

Frequently Asked Questions

How many homes are for sale in WETMORE, MI 49895?

As of January 2026, there are 9 active listings in WETMORE, MI (zip code 49895), compared to 10 the prior year.

What is the median home price in WETMORE, MI 49895?

The median listing price in WETMORE, MI 49895 is $325,000 as of January 2026, a 29.5% decrease from $461,188 the prior year.

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

Homes in WETMORE, MI 49895 spend an average of 107 days on the market before going under contract, compared to 92 days the prior year.

Is it a seller's or buyer's market in WETMORE, MI 49895?

Based on current inventory and days-on-market data as of January 2026, WETMORE, MI 49895 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 107 days on market compared to 92 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WETMORE, MI 49895 save an estimated $6,500 compared to a typical 5% commission on the median listing price of $325,000. 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.