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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).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$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
EPA recommends radon testing for every home regardless of zone.

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 49894State medianUS median
Median sale price$228,750$265,000$325,000
Median days on market47 days36 days51 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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents