Housing in Wolf Lake, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$414,950
Median List Price
$154,950
Price Per Sq Ft
$162
Days on Market
40
Active Inventory
7
Months of Supply
3.5
Seller's market
Zillow Home Value
$201,802
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
95.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
2
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$162
Median List $/SF
$161
Wolf Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Wolf Lake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$99,800
Median Rent
$992
Total Housing Units
1,793
Vacancy Rate
1.5%
Owner Occupied
92.2%
Renter Occupied
7.8%
Median Property Tax
$1,386
per year
Monthly Cost (w/ Mortgage)
$890
Housing Types
The current median sale price in Wolf Lake, MI is $414,950 according to Redfin data. Homes spend a median of 40 days on the market. 0.0% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $162. The median rent is $992 per month (Census ACS). About 92.2% of housing units are owner-occupied. The median year homes were built is 1975. There are 1,793 total housing units.