Population: 2,124 · Density: 3.1/mi² · Median household income: $44,083
Typical home value: $66,602 · Homeownership: 85.4%
Data as of January 2026. Source: Realtor.com.
The WAKEFIELD, MI real estate market (49968) currently shows 9 active listings, with 1 pending sales. Homes are averaging 110 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 110 days on market compared to 166 days last year.
The median listing price has fallen 20.2% year-over-year, from $231,175 to $184,500.
Whether you are buying or selling in WAKEFIELD, 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 $ |
|---|---|---|---|---|---|---|
| 49968 | Wakefield, MI 49968 | 0.0 mi | 9 | $2,183,454 | $184,500 | $242,606 |
| 49911 | Bessemer, MI 49911 | 8.1 mi | 14 | $2,650,872 | $169,950 | $189,348 |
| 49947 | Marenisco, MI 49947 | 14.2 mi | 8 | $3,035,904 | $250,000 | $379,488 |
| 49971 | White Pine, MI 49971 | 18.8 mi | 4 | $1,067,800 | $271,450 | $266,950 |
| 54557 | Presque Isle, WI 54557 | 20.3 mi | 11 | $8,219,937 | $647,500 | $747,267 |
| 54547 | Mercer, WI 54547 | 23.9 mi | 10 | $4,268,370 | $392,500 | $426,837 |
| 54536 | Iron Belt, WI 54536 | 24.8 mi | 1 | $289,900 | $289,900 | $289,900 |
| 54559 | Saxon, WI 54559 | 28.0 mi | 3 | $408,801 | $149,900 | $136,267 |
| 54512 | Boulder Junction, WI 54512 | 29.9 mi | 4 | $3,698,000 | $924,500 | $924,500 |
| 49912 | Bruce Crossing, MI 49912 | 32.5 mi | 1 | $119,000 | $119,000 | $119,000 |
| 54561 | Star Lake, WI 54561 | 35.9 mi | 1 | $325,000 | $325,000 | $325,000 |
| 54538 | Lac Du Flambeau, WI 54538 | 36.6 mi | 11 | $7,064,860 | $483,000 | $642,260 |
| 54846 | High Bridge, WI 54846 | 41.0 mi | 2 | $954,900 | $477,450 | $477,450 |
As of January 2026, there are 9 active listings in WAKEFIELD, MI (zip code 49968), compared to 10 the prior year.
The median listing price in WAKEFIELD, MI 49968 is $184,500 as of January 2026, a 20.2% decrease from $231,175 the prior year.
Homes in WAKEFIELD, MI 49968 spend an average of 110 days on the market before going under contract, compared to 166 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WAKEFIELD, MI 49968 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 110 days on market compared to 166 days last year.
With SELL123.com's maximum 3% commission, sellers in WAKEFIELD, MI 49968 save an estimated $3,690 compared to a typical 5% commission on the median listing price of $184,500. 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.