49649 — Wexford County, Michigan Market Snapshot
Housing market data for zip code 49649 in Wexford County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
25 sales in 2026 (year to date)
Median Sale Price
$360,000
Days to Sell
46
Homes Sold
25
Inventory
33
Sale-to-List
99.9%
New Listings
38
Price/SqFt
$203
Pending Sales
29
Conforming Loan Available
Most homebuyers in 49649 can comfortably use conventional financing. The median home price of $360,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
49649's market is balanced with homes taking an average of 46 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 49649 (99.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 49649 can comfortably use conventional financing. The median home price of $360,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 49649 are set at the county level.
2026 Loan Limits — Wexford County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 49649
To purchase the median home at $360,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,908.
Monthly Payment
$2,908
Income Required
$124,638
Principal & Interest
$2,218/mo
Down Payment (5%)
$18,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 49649.
Estimated Monthly Payment
$2,378
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