Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wolverine area can be challenging. Home prices in Wolverine are now at a median cost of $123,275, lower than the Michigan average of $196,062.
The average cost of rent is $744/mo in Wolverine, primarily driven by the current value of real estate in the Wolverine area. While nearly 47.62% of residents own their homes outright in Wolverine, 14.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wolverine is $3,539 per month. Households that rent pay about 21.03% of their income on rent here. Wolverine's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Vanderbilt, MI: higher priced homes
- Afton, MI: equally priced homes
- Indian River, MI: higher priced homes
- Epsilon, MI: higher priced homes
- Burt Lake, MI: higher priced homes
- Wildwood, MI: higher priced homes
- Boyne Falls, MI: higher priced homes
- Alanson, MI: higher priced homes
- Tower, MI: less expensive homes
- Topinabee, MI: higher priced homes
Cities with Similar Populations
- Bartonville, TX: higher priced homes
- Woolwich, ME: higher priced homes
- Voluntown, CT: higher priced homes
- Utley, TX: higher priced homes
- Stapleton, AL: higher priced homes
- Shohola, PA: higher priced homes
- Ronceverte, WV: less expensive homes
- Riddle, OR: higher priced homes
- Rayland, OH: less expensive homes
- Herington, KS: less expensive homes
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