Is Wells, MI 49894 a buyer’s or seller’s market?
Wells is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply—Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.6%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$141▼ −6.2% vs. last year
Run the numbers for 49894
Nearby markets
Bark River 49807Seller’s market $135 /sq ftCooks 49817Seller’s market $130 /sq ftEscanaba 49829Seller’s market $123 /sq ftGarden 49835Buyer’s market $294 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology