#50162975, WENDY HOLZENKAMP, Listing Office: COLDWELL BANKER SCHMIDT ESCANABA
Wells Township Housing Market Report January 2025•Tuscola County, Michigan
Housing Prices in Wells Township, MI
How much do homes in Wells Township, MI cost?
Median List Price
$244,000$175/SqFt
-$9,500
-3.7%
Based on all homes listed in January 2025
Insight
The list price of homes in Wells Township has decreased by 3.7% since December.
Summary: The median home list price in Wells Township was $244,000 in January 2025, down 3.7% from the previous month, and the median price per square foot was $175.
Median List Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $253.5K | $238K | -6.1% |
| 44 Bedrooms | - | $250K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Wells Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -6.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Wells Township, MI
How many homes are available in Wells Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJan 2025 | ||
| 42 months agoDec 2024 | +50.0 % Change MoMDec – Jan |
Summary: The Wells Township real estate market had 6 homes for sale in Jan 2025, a 50.0 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 4 | 5 | +25.0% |
| 44 Bedrooms | 0 | 1 | +100.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Wells Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Wells Township, MI cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Wells Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Wells Township in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Wells Township, MI
How long does it take to sell a home in Wells Township, MI?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Wells Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 2 homes were sold in Wells Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 61 DaysLast MonthJan 2025 | ||
| 71 Days1 month agoDec 2024 | -14.7 % Change MoMDec – Jan |
Summary: Homes in Wells Township had an average listing age of 61 days in Jan 2025, down by 14.7% compared to the previous month.
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Newest Listings in Wells Township, MI
What homes are available in Wells Township, MI?
#20240090447, Kim Hart, Listing Office: Hart Realty
#61050161159, Alyse Schian, Listing Office: Real Estate One Great Lakes Bay
#20240081174, Maureen Korthas, Listing Office: Michigan Premier Real Estate, LLC
#20240069534, Jenn Hines, Listing Office: Hart Realty
$2,826 Closing Credit¹
#50153849, AMY DYER, Listing Office: COLDWELL BANKER SCHMIDT ESCANABA
#20240041759, Roger L Hood, Listing Office: J McLeod Realty, Inc-Caro
Nearby markets
Nearby markets aren't available for Wells Township, MI
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 12/01/2024 - 02/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.