Wells, MI 49894 housing market
Data through Aug 2026 · Seller's market · leverage 0
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Buyer Leverage Score
0
Aug 2026
Months of Supply
3.0 months
Jun 2026
Days on Market
7 days
Aug 2026
Price Cut %
0.0%
Aug 2026
Sale-to-List Ratio
101.6%
Aug 2026
Expected Disaster Loss
$73
Dec 2025
What this means
- Supply. Listings are 67% below the 2017-19 norm: still a tight market.
- Negotiating. Buyer leverage is low (0/100; U.S.: 54): homes typically sell at or above asking (101.6% of list); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $73 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Delta County, MI
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Escanaba, MI 49829 | $191.7K | +9.8% | 17 |
| Gladstone, MI 49837 | $218.4K | +8.5% | 10 |
| Rapid River, MI 49878 | $214.1K | +11.0% | 25 |
| Bark River, MI 49807 | $234.9K | +9.8% | 12 |
| Wetmore, MI 49895 | $248.6K | +8.6% | 56 |
| Garden, MI 49835 | $222.8K | +12.1% | 99 |
| Rapid River, MI 49817 | $228.3K | +15.8% | 16 |
| Perkins, MI 49872 | – | – | 25 |
| Nahma, MI 49864 | – | – | 57 |