Wetmore, MI—49895
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wetmore, MI
Wetmore, MI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | 3.8% |
| Single Family | $232,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wetmore, MI
Wetmore, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wetmore, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Wetmore, MI is 100. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $368,000 | -5.0% |
Listing Count | 15 | 61.0% |
| Listings as % of Homes | 0.5% | 61.0% |
Days on Market | 100 | -12.0% |
Demographics — Wetmore, MI
As of the latest ACS Survey released in 2023, Wetmore, MI has a population of 863, which has increased by 20.4% over the past 5 years. Wetmore, MI is a less popular place for families, as children make up 9.0% of the population. The area has a poorly educated workforce, with 14.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 863 | 20.4% |
% Under 18 | 9.0% | 5.9% |
% Seniors | 35.9% | 4.7% |
% WFH | 0.9% | -95.6% |
% w/ College Degree | 14.4% | -8.9% |
As of the latest ACS Survey released in 2023, Wetmore, MI is a predominantly white area, with 75.4% of the population identifying as white. The white population has shrunk by 18.7% in the last 5 years. The second most common race or ethnicity in Wetmore, MI is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.7% of the population in Wetmore, MI, and this percentage has increased by 16.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.4% | -18.7% |
% Black | 0.5% | ∞% |
% Hispanic | 1.5% | -54.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.7% | 16.7% |
Mortgage and Risk — Wetmore, MI
Wetmore, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Wetmore, MI
Wetmore, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Wetmore, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $232,000 |
| Median Household Income | $55,100 |