Unshakable ZIP Data 48662 | Wheeler, MI Housing Market
Wheeler · Gratiot County · Alma, MI metro · Michigan · Data updated June 19, 2026
The median sale price in ZIP 48662, Wheeler, Michigan is $199,941 at $160 per square foot. 1 single-family homes sold in the latest period, down 74.3 percent from a year earlier. Homes sit a median of 618 days on market. Sellers are getting 87.0 percent of list price and 0.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $192,117 | |
| Average price per sq ft | $154 | |
| Median sale price | $199,941 | |
| Median sale price per sq ft | $160 | |
| Median home size | 1,248 sq ft | |
| National size rank | 20,532 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 1 | -74.3% |
| Median days on market | 618 days | |
| Pending sales | 1 | +1.4% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 87.0% | -6.7 pts |
| Share sold above list | 0.0% | -25.0 pts |
These figures describe the single-family market for Wheeler, Michigan ZIP 48662. They are market context, not a substitute for sold comps or a formal appraisal.