Wolf Lake, MI
Full City Profile · Michigan · Ottawa County County
2.6
/5.0
C+
Fair
4,802
Population
1,357/sq mi density
$49,005
Median Income
$21,875 per capita
$99,800
Home Value
$206,473 Zillow
$992
Median Rent
37.5% income on rent
49°F
Avg Temperature
260 sunny days/yr
2,174
Violent Crime/100K
53,623 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$49,005 median income, 7.4% unemployment
A+
Affordability
5.0 / 5.0
$99,800 home value, $992/mo rent
F
Safety
1.0 / 5.0
2,174 violent crimes/100K (472% above avg)
F
Education
1.5 / 5.0
6.2% bachelor's degree or higher
Housing Overview
Median Home Value
$99,800
65% below
US avg: $281,900
Median Rent
$992/mo
15% below
US avg: $1,163/mo
Homeownership Rate
92.2%
41% above US avg (65.4%)
Total Housing Units
1,581
Median year built: 1971
Home Value by Source
Census Median
$99,800
Zillow (ZHVI)
$206,473
Median Sale Price
$209,000
Median List Price
$365,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.2%
Owner-Occupied
7.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$992/mo
Market Indicators (Redfin)
Median Days on Market
127 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$208
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
37.5%
of renters spending 30%+ of income on housing
21% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
92.2%
Complete Housing Data
Home Values
| Census Median Value | $99,800 |
| Zillow Home Value (ZHVI) | $206,473 |
| Median Sale Price | $209,000 |
| Median List Price | $365,450 |
| Price Per Sq Ft | $208 |
Rent
| Census Median Rent | $992 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 127 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.3% |
| Homes Sold | 3 |
| Active Inventory | 6 |
| Price Per Sq Ft | $208 |
Ownership & Stock
| Owner-Occupied | 92.2% |
| Renter-Occupied | 7.8% |
| Homeownership Rate | 92.2% |
| Total Housing Units | 1,581 |
| Median Year Built | 1971 |
| Rent Burden | 37.5% |
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