Unshakable ZIP Data 49968 | Wakefield, MI Housing Market
Wakefield · Gogebic County · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49968, Wakefield, Michigan is $154,954 at $136 per square foot. 7 single-family homes sold in the latest period, up 20.1 percent from a year earlier. Homes sit a median of 82 days on market with 2.3 months of supply. Sellers are getting 97.3 percent of list price and 14.3 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $110,823 | |
| Average price per sq ft | $97 | |
| Median sale price | $154,954 | |
| Median sale price per sq ft | $136 | |
| Median home size | 1,142 sq ft | |
| Median new listing price | $137,822 | +10.3% |
| National size rank | 17,339 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 7 | +20.1% |
| Median days on market | 82 days | |
| Months of supply | 2.3 months | |
| New listings | 5 | -27.5% |
| Active listings | 15 | -5.0% |
| Pending sales | 4 | -49.3% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 97.3% | +2.2 pts |
| Share sold above list | 14.3% | -2.4 pts |
These figures describe the single-family market for Wakefield, Michigan ZIP 49968. They are market context, not a substitute for sold comps or a formal appraisal.