House Prices

House Prices & Home Values Wheeler, MI 2026


Average Data

average house price$127,963
average size per house1354 ft²
average price per ft²95 $ / ft²

06/09/2026 - The value range (VR) for house prices in Wheeler, MI is $95/ sqft to $95/ sqft. An average home with 1354 sqft costs approximately $128,630 to $128,630. Wheeler, MI includes 1 ZIP codes and it is located in Gratiot county. The lowest prices are found in ZIP 48662, while the highest are in ZIP 48662. The average price per sqare feet is $95. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Wheeler

4866296 $ / ft²




Historical development of home values in Wheeler

Year Estimated value (USD) Change vs. 2025
2010 $59,428 -53.6%
2011 $57,130 -55.4%
2012 $56,976 -55.5%
2013 $59,106 -53.8%
2014 $62,045 -51.5%
2015 $65,229 -49.0%
2016 $68,634 -46.4%
2017 $72,338 -43.5%
2018 $76,337 -40.3%
2019 $79,877 -37.6%
2020 $84,006 -34.4%
2021 $95,548 -25.3%
2022 $111,387 -13.0%
2023 $117,463 -8.2%
2024 $124,259 -2.9%
2025 $127,963 0.0%

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



Example: 100% financing house in Wheeler

Loan amount: $127,963

Interest rate: 6.00%

Fixed monthly payment: $767.20

Breakdown in the 1st month:
Interest portion: $639.82  –  Principal portion: $127.39

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,635.03 $1,571.40 $126,391.60
2 $7,538.11 $1,668.32 $124,723.28
3 $7,435.21 $1,771.22 $122,952.06
4 $7,325.97 $1,880.46 $121,071.59
5 $7,209.99 $1,996.45 $119,075.15
6 $7,086.85 $2,119.58 $116,955.56
7 $6,956.12 $2,250.32 $114,705.25
8 $6,817.32 $2,389.11 $112,316.14
9 $6,669.97 $2,536.46 $109,779.67
10 $6,513.53 $2,692.91 $107,086.76
11 $6,347.43 $2,859.00 $104,227.76
12 $6,171.10 $3,035.34 $101,192.42
13 $5,983.88 $3,222.55 $97,969.87
14 $5,785.12 $3,421.31 $94,548.56
15 $5,574.10 $3,632.33 $90,916.23
16 $5,350.07 $3,856.36 $87,059.87
17 $5,112.22 $4,094.22 $82,965.65
18 $4,859.70 $4,346.74 $78,618.91
19 $4,591.60 $4,614.84 $74,004.08
20 $4,306.97 $4,899.47 $69,104.61
21 $4,004.78 $5,201.66 $63,902.95
22 $3,683.95 $5,522.48 $58,380.47
23 $3,343.34 $5,863.10 $52,517.37
24 $2,981.71 $6,224.72 $46,292.65
25 $2,597.78 $6,608.65 $39,684.00
26 $2,190.18 $7,016.26 $32,667.74
27 $1,757.43 $7,449.00 $25,218.74
28 $1,297.99 $7,908.44 $17,310.30
29 $810.22 $8,396.22 $8,914.08
30 $292.36 $8,914.08 $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 Wheeler, MI


1500 sqft3900 sqft
Ø selling price$172,425$366,796
Ø fast selling$156,750$330,116
Ø high price sale$188,101$403,475

In 2026, houses in Wheeler, MI will be offered at an average price of $95 per square foot. A 1,500 sqft home priced at $172,425 is 23.14% more expensive per square foot than a 3,900 sqft home priced at $366,796. Home prices in Wheeler, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $253,936. Sellers who can wait longer may achieve a higher price of up to $310,365.


Wheeler, MI: Small?Town Charm in Mid?Michigan

Nestled in Gratiot County, Wheeler, MI is a friendly Mid?Michigan community that blends small?town charm with easy access to regional amenities.

Location & Community

Conveniently positioned near key Mid?Michigan routes, the village offers stress?free drives to nearby cities for work, shopping, and healthcare.
The village of Wheeler and the surrounding township create a tight?knit, welcoming neighborhood feel.

Outdoors & Recreation

Outdoorsy residents enjoy fields, woodlands, and nearby parks and lakes, making things to do in Wheeler MI include nature walks, picnics, and quiet country exploration.
Local events, farm stands, and county fairs celebrate Michigan harvest traditions and small?town pride.

Housing & Lifestyle

With competitive home prices and room to grow, Wheeler MI real estate appeals to first?time buyers, downsizers, and anyone seeking a calmer pace.
Families appreciate access to area schools, libraries, and essential county services that support everyday life.

Travel & Climate

Commuters benefit from reliable regional highways, while travelers can connect to larger airports and universities within a reasonable drive.
The four?season climate brings colorful autumns, snowy winters perfect for sledding, and warm summers ideal for backyard gatherings.

Plan Your Visit

Whether you are planning a visit or a move, explore Wheeler Michigan to discover a peaceful community with authentic rural character.



FAQ – Home Values in Wheeler

What is the median home value in Wheeler in 2026?

In 2026, the typical home value in Wheeler is about $127,963 for an average home size of 1354 square feet. This corresponds to an average price of roughly $95 per square foot.

What is the average cost per square foot in Wheeler?

In 2026, homes in Wheeler sell for an average of around $95 per square foot, with a typical range between $95 and $95 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 Wheeler is about 1354 square feet, with an estimated 2026 value around $127,963.



Locations close to Wheeler, MI

Midland, MI385 $ / ft²
Akron, MI106 $ / ft²
Au Gres, MI191 $ / ft²
West Branch, MI94 $ / ft²
Sterling, MI74 $ / ft²
Standish, MI68 $ / ft²
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