Is Wilson, MI 49896 a buyer’s or seller’s market?
Wilson is a seller’s market. With about 1.6 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Wilson housing market right now
In the three months ending August 31, 2026, 50% of homes in Wilson, MI 49896 sold above their list price, the typical home went under contract in 54 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0% and the median sale price rose 263% to $272,150. Overall, Wilson is more competitive than a year ago, so tougher for buyers.
Within Menominee County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Wallace 49893 (0% sold over asking) or Powers 49874 (0% sold over asking).
Run the numbers for 49896
Nearby markets
Carney 49812 — /sq ftDaggett 49821Seller’s market $162 /sq ftHermansville 49847Seller’s market $200 /sq ftIngalls 49848Seller’s market $154 /sq ft Browse all markets →Towns like Wilson nearby
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Questions about Wilson real estate
Is Wilson a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Wilson, MI 49896 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wilson?
The typical home went under contract in 54 days in the latest three months.
Do homes in Wilson sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Wilson?
About 1.01% of a home’s value a year in Menominee County, or roughly $4,040 on a $400,000 home.
What is the median home price in Wilson?
The median sale price was $272,150 in the three months ending August 31, 2026, about $163 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology