Zip 49689 (Wellston, MI) Housing

The housing market in Wellston, MI is booming. According to the most recent data, the median value of a house in Wellston is $126,200, which is significantly lower than the US House Median Value of $338,100. However, the 1 year appreciation rate for homes in Wellston is much higher at 15.49%, compared to the US 1 year House Appreciation rate of 8.27%. This suggests there are excellent opportunities to invest in real estate in this area and that it could potentially be a great place to settle down.

The median home cost in Wellston (zip 49689) is $126,200. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Wellston (zip 49689) is up 19.8%.

Average Age of Homes

- The median age of Wellston (zip 49689) real estate is 38 years old

The Rental Market in Wellston (zip 49689)

- Renters make up 7.5% of the Wellston (zip 49689) population
- 0.0% of houses and apartments in Wellston (zip 49689), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wellston, Michigan	United States
	1,545.0	139,647,020.0
	42	42
	$126,200	$338,100
	19.8%	16.6%
	69.9%	57.0%
	122.2%	101.1%
	$10.43	$10.98
	$1,274	$2,690
	36.8%	57.4%
	60.4%	11.2%
	2.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.2%	0.7%
	0.6%	0.4%
	55.8%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	4.4%	2.4%
	7.9%	2.8%
	6.7%	3.9%
	16.5%	4.5%
	31.6%	11.3%
	13.9%	13.0%
	9.5%	20.1%
	2.6%	13.6%
	1.1%	8.3%
	1.1%	9.7%
	1.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	15.2%	13.6%
	19.2%	13.2%
	18.6%	14.8%
	15.2%	13.6%
	11.3%	10.0%
	6.3%	4.7%
	3.4%	12.2%

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