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Wolverine village, MI

ZIP 49799 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49799

Median Home Value
$164,800
Median Rent
$605
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,059/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 49799 in Wolverine village, MI, a household would need roughly $45,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,059. That sits below the local median household income ($51,029), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 39% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
91.2%+39% vs US avg
x
Vacancy Rate
39.5%+283% vs US avg
x
Broadband Access
83.1%-5% vs US avg
x
4+ Bedrooms
4.3%-71% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
5.1%-90% vs US avg
x
Mortgage-Free
54.7%+43% vs US avg
x
$164,800
Home Value
$605
Rent
1990
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached84.2%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.6%
  • Mobile home & other15.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$164,800
Median rent$605
Owner-occupied91.2%
Vacant39.5%
Price-to-income3.2x
Est. income to buy$45,000