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MI area data

Wells, MI

Wells, MI.

Population: 861 (Census ACS)

Home values & appreciation

House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$89,500
Median list price
$205,000
Median days on market
127 days
Sale-to-list ratio
100.3%
Active listings
2

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, hail, lightning

Climate (30-year normals)

Annual precipitation
31.7 in

Amenities

Nearest airport
Delta County Airport (ESC) (5 mi)
Nearest major airport
Delta County Airport (ESC) (5 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Housing stock

Median year housing built
1,964
Median annual property tax
$1,221
Mean commute to work
8 min
Households with broadband internet
83.7%

Employment & development

Total county employment
11,559
Average weekly wage
$892
Top industries (by employment)
Health Care, Accommodation & Food, Other Services
Annual residential building permits (county)
36

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents