Wetmore, MI 49895 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wetmore, MI—49895

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$234,000

3.7% YoY Growth

Household Income

$55,100

33.6% YoY Growth

Days on Market

17.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

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	$234,000	3.7%
Single Family	$234,000	3.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

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

Loading chart...

% of Rental Stock

1 Bedroom

32.4%

3 Bedrooms

58.1%

5+ Bedrooms

9.5%

Property Listings — Wetmore, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Wetmore, MI is 73. This is a decrease of -17.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$335,000	-7.0%
Listing Count	14	31.0%
Listings as % of Homes	0.5%	31.0%
Days on Market	73	-17.0%

Loading chart...

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%

Loading chart...

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%

Loading chart...

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

Loading chart...

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

Wetmore, MI—49895

Key Metrics at a Glance

Home Price Trends — Wetmore, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wetmore, MI

% of Rental Stock

Property Listings — Wetmore, MI

Demographics — Wetmore, MI

Race and Ethnicity

Mortgage and Risk — Wetmore, MI

Mortgages

Rentals and Section 8 — Wetmore, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Wetmore, MI

Home Price to Income Ratio

Wetmore, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Rapid River, MI

Rapid River, MI

Manistique, MI

Garden, MI

Campbell

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$234,000
Median Household Income	$55,100

Wetmore, MI—49895

Key Metrics at a Glance

Home Price Trends — Wetmore, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wetmore, MI

% of Rental Stock

Property Listings — Wetmore, MI

Demographics — Wetmore, MI

Race and Ethnicity

Mortgage and Risk — Wetmore, MI

Mortgages

Rentals and Section 8 — Wetmore, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Wetmore, MI

Home Price to Income Ratio

Wetmore, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Rapid River, MI

Rapid River, MI

Manistique, MI

Garden, MI

Campbell

Frequently Asked Questions

What is the average home price in Wetmore, MI 49895?

How have home prices in Wetmore, MI 49895 changed over the past year?

What is the home price projection for Wetmore, MI 49895?

What are the demographics of Wetmore, MI 49895?

How long does it take homes to sell in Wetmore, MI 49895?

What is the average rent price in Wetmore, MI 49895?