Housing in Wolverine Lake, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$272,500
Median List Price
$360,000
Price Per Sq Ft
$152
Days on Market
35
Active Inventory
4
Months of Supply
0.7
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
99.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
4
Pending Sales
6
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$152
Median List $/SF
$256
Wolverine Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Wolverine 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
$270,400
Median Rent
$1,678
Total Housing Units
2,013
Vacancy Rate
5.9%
Owner Occupied
74.5%
Renter Occupied
25.4%
Median Property Tax
$3,818
per year
Monthly Cost (w/ Mortgage)
$1,324
Housing Types
The current median sale price in Wolverine Lake, MI is $272,500 according to Redfin data. Homes spend a median of 35 days on the market. 50.0% of homes sold above asking price. The market has 0.7 months of supply. The median price per square foot is $152. The median rent is $1,678 per month (Census ACS). About 74.5% of housing units are owner-occupied. The median year homes were built is 1972. There are 2,013 total housing units.