Area data
Wells, MI — ZIP 49894
Population: 861 (Census ACS)
The median home value in ZIP 49894 (Wells, MI) is $145,700. Homes sell for a median $228,750 after a median 47 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coldwave, hail, lightning the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).
$145,700
Median home value
47
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $145,700
- House Price Index (state)
- 400.5 (+3.7% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $228,750
- Median list price
- $139,900
- Median price per sqft
- $141
- 1-year sale-price change
- +28.5%
- Median days on market
- 47 days
- Homes sold (recent period)
- 2
- Sale-to-list ratio
- 101.6%
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $770/mo
- 1BR fair-market rent
- $775/mo
- 2BR fair-market rent
- $1,014/mo
- 3BR fair-market rent
- $1,347/mo
- 4BR fair-market rent
- $1,688/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Average)
- 96.2 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 7.40%
- 15-year mortgage rate (national)
- 6.73%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- coldWave, hail, lightning
- Notable hazard ratings (county)
- hail: Relatively Moderate · coldWave: Relatively Moderate · lightning: Relatively Moderate · strongWind: Relatively Low · winterWeather: Relatively Low · inlandFlooding: Relatively Low
- Wildfire risk to homes (county)
- Higher than 33% of US counties
- Buildings in wildfire direct-exposure zone
- 61.6%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 42.0°F
- Average high
- 51.0°F
- Average low
- 33.0°F
- Annual precipitation
- 28.8 in
- Annual snowfall
- 46.9 in
- USDA plant hardiness zone
- 5a (extreme annual low -20 to -15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Amenities
- Airports within 30 mi
- 5
- Nearest airport
- Delta County Airport (ESC) (5 mi)
- Nearest major airport
- Delta County Airport (ESC) (5 mi)
- Hospitals nearby (~15 mi)
- 1
- Hospitals include
- OSF ST FRANCIS HOSPITAL AND MEDICAL GROUP
- Avg hospital rating (CMS)
- 4.0 / 5
- Best hospital rating nearby (CMS)
- 4.0 / 5
- Solar radiation rating
- Fair (3.7 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Housing stock
- Median year housing built
- 1,964
- Housing built before 1970
- 68.8%
- Housing built 2000 or later
- 0.0%
- Median annual property tax
- $1,221
- Mean commute to work
- 8 min
- Households with broadband internet
- 83.7%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 11,850
- Average weekly wage
- $950
- Top industries (by employment)
- Health Care, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 58
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 49894 | State median | US median | |
|---|---|---|---|
| Median sale price | $228,750 | $265,000 | $325,000 |
| Median days on market | 47 days | 36 days | 51 days |
| Median annual property tax | $1,221 | $2,175 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 49894?
- $145,700.
- What is the median sale price in ZIP 49894?
- $228,750.
- How long do homes take to sell in ZIP 49894?
- Median days on market: 47 days.
- What is typical rent in ZIP 49894?
- 2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in ZIP 49894?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coldWave, hail, lightning.
- What is the wildfire risk in ZIP 49894?
- Risk to homes is higher than 33% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 49894?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 49894?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- What is the cost of living in ZIP 49894?
- Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Oct 2026. See all data sources →