House Prices

House Prices & Home Values Wolverine, MI 2026


Average Data

average house price$244,360
average size per house1967 ft²
average price per ft²125 $ / ft²

04/18/2026 - The value range (VR) for house prices in Wolverine, MI is $133/ sqft to $133/ sqft. An average home with 1967 sqft costs approximately $261,611 to $261,611. Wolverine, MI includes 1 ZIP codes and it is located in Cheboygan county. The lowest prices are found in ZIP 49799, while the highest are in ZIP 49799. The average price per sqare feet is $125. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Wolverine

49799146 $ / ft²




Historical development of home values in Wolverine

Year Estimated value (USD) Change vs. 2025
2010 $113,485 -53.6%
2011 $109,097 -55.4%
2012 $108,803 -55.5%
2013 $112,870 -53.8%
2014 $118,482 -51.5%
2015 $124,563 -49.0%
2016 $131,064 -46.4%
2017 $138,138 -43.5%
2018 $145,775 -40.3%
2019 $152,534 -37.6%
2020 $160,419 -34.4%
2021 $182,460 -25.3%
2022 $212,707 -13.0%
2023 $224,309 -8.2%
2024 $237,286 -2.9%
2025 $244,360 0.0%

Graph: estimated home values in Wolverine over time (USD)



Example: 100% financing house in Wolverine

Loan amount: $244,360

Interest rate: 6.00%

Fixed monthly payment: $1,465.06

Breakdown in the 1st month:
Interest portion: $1,221.80  –  Principal portion: $243.26

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,579.97 $3,000.77 $241,359.23
2 $14,394.89 $3,185.85 $238,173.38
3 $14,198.39 $3,382.35 $234,791.03
4 $13,989.78 $3,590.96 $231,200.07
5 $13,768.29 $3,812.45 $227,387.63
6 $13,533.15 $4,047.59 $223,340.04
7 $13,283.51 $4,297.23 $219,042.80
8 $13,018.46 $4,562.28 $214,480.52
9 $12,737.07 $4,843.67 $209,636.85
10 $12,438.32 $5,142.42 $204,494.44
11 $12,121.15 $5,459.59 $199,034.85
12 $11,784.41 $5,796.33 $193,238.52
13 $11,426.91 $6,153.83 $187,084.69
14 $11,047.35 $6,533.39 $180,551.31
15 $10,644.39 $6,936.35 $173,614.96
16 $10,216.57 $7,364.17 $166,250.79
17 $9,762.37 $7,818.37 $158,432.41
18 $9,280.14 $8,300.59 $150,131.82
19 $8,768.18 $8,812.56 $141,319.26
20 $8,224.64 $9,356.10 $131,963.16
21 $7,647.58 $9,933.16 $122,030.00
22 $7,034.92 $10,545.82 $111,484.19
23 $6,384.48 $11,196.26 $100,287.93
24 $5,693.92 $11,886.82 $88,401.11
25 $4,960.77 $12,619.97 $75,781.14
26 $4,182.40 $13,398.34 $62,382.79
27 $3,356.01 $14,224.73 $48,158.07
28 $2,478.66 $15,102.08 $33,055.99
29 $1,547.20 $16,033.54 $17,022.45
30 $558.29 $17,022.45 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Wolverine, MI


1500 sqft3900 sqft
Ø selling price$226,876$482,626
Ø fast selling$206,251$434,363
Ø high price sale$247,501$530,888

In 2026, houses in Wolverine, MI will be offered at an average price of $125 per square foot. A 1,500 sqft home priced at $226,876 is 25.12% more expensive per square foot than a 3,900 sqft home priced at $482,626. Home prices in Wolverine, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $334,125. Sellers who can wait longer may achieve a higher price of up to $408,376.


Explore Wolverine, MI

Overview

Located in Cheboygan County, Wolverine, MI is a small northern Michigan village known for its outdoor adventure and small-town charm.

Things to Do & Outdoor Recreation

The scenic Sturgeon River winds through the area, drawing visitors for kayaking, rafting, and trout fishing.
The North Central State Trail connects Wolverine to Gaylord and Mackinaw City with miles of wooded pathways for hiking and cycling, and in winter the region transforms into a snow sports hub with snowmobiling, cross-country skiing, and nearby downhill options.

Village & Amenities

Downtown Wolverine offers locally owned eateries, rustic lodging, and friendly service that reflect authentic Up North hospitality, and families enjoy nearby parks and campgrounds that make Wolverine a budget-friendly base for exploring northern Michigan.

Location & Access

Its location near I?75 provides easy access to Petoskey, Mackinaw City, and the Straits of Mackinac for day trips.

Nature & Wildlife

Hunters and wildlife watchers find abundant public lands and quiet backroads teeming with seasonal color and fauna.

Living in Wolverine

Real estate in the Wolverine area ranges from riverfront cabins to wooded acreage, appealing to second-home seekers and year-round residents.

Plan Your Visit

Whether you are planning a weekend getaway or relocating, Wolverine, Michigan offers a relaxed pace, natural beauty, and year-round recreation.



FAQ – Home Values in Wolverine

What is the median home value in Wolverine in 2026?

In 2026, the typical home value in Wolverine is about $244,360 for an average home size of 1967 square feet. This corresponds to an average price of roughly $125 per square foot.

What is the average cost per square foot in Wolverine?

In 2026, homes in Wolverine sell for an average of around $125 per square foot, with a typical range between $133 and $133 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Wolverine is about 1967 square feet, with an estimated 2026 value around $244,360.



Locations close to Wolverine, MI

Iron Mountain, MI56 $ / ft²
Kingsford, MI63 $ / ft²
Allouez, MI124 $ / ft²
Walloon Lake, MI134 $ / ft²
Vanderbilt, MI221 $ / ft²
Trout Lake, MI73 $ / ft²
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