Elwell, MI—48832
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$190,000
6.3% YoY Growth
Household Income
$62,200
11.2% YoY Growth
Days on Market
66
23.0% Shorter YoY
Home Price Forecast
1.9%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
Home Price Trends — Elwell, MI
As of Dec '25, the median home price in Elwell, MI is $190,000, with a year-over-year change of 6.3%. This indicates that home prices in Elwell, MI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | 6.3% |
| Single Family | $190,000 | 8.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |