65 homes sold in Wolf Lake in the last year, at a typical $240K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Wolf Lake homes are listed.
Every place Wolf Lake homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Wolf Lake.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Wolf Lake’s sales, at a typical $240K
65 homes sold in the year to May 2026.
typical sale · 65 sold in 12 months
- Per square foot
- $189MI $172
- Days to sell
- 25
- Sold over asking
- 48%
- Listings with a price cut
- 45%
More homes sell than most years, at 2.6 times the 2016 price
65 sales in the last year, against 66 in 2021 and a low of 30 in 2012. The typical sale went from $94K in 2016 to $240K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Wolf Lake
Check a listing against what Wolf Lake homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Wolf Lake are more common than before the pandemic, with about as many homes for sale
We read every month of Wolf Lake’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 65 sales.
If you’re buying in Wolf Lake
- Shop in May. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (42% over asking).
- You can negotiate. 46% of listings have cut their price, against 28% before the pandemic.
- Bid near asking. Buyers paid 98.6% of the list price on average; 48% paid over.
- You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 25 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 8 a month), but July is the most competitive: 51% of July sales close over asking. April and May offer nearly as much choice with fewer homes bid up (42%). December has the least competition (29%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Michigan
| Wolf Lake now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 48% | 33% | 48% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 39% | 19% | 44% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 46% | 28% | 53% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 98.6% | 98.5% | 100.8% | 98.4% |
| Days to sellMedian days from listing to contract | 25 | 34 | 14 | 33 |
9 homes for sale on a typical day
That’s 2.7 times the 2021 low (3), about the 2017–19 level and well under 2015’s 19.
1 in 2 listings has cut its price
46% in the last year, against 28% in 2017–19 and 28% across Michigan. More sellers are pricing high and coming down.
Wolf Lake ranks 9th of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Wolf Lake is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Wolf Lake home costs about $1,473 a month
Price: Wolf Lake’s typical sale, last 12 months. Property tax at Wolf Lake’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wolf Lake is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in August
The month with the most choice. February has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $240K home, about $2,650 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Wolf Lake.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Muskegon Heights, Muskegon and Roosevelt Park sell for less a square foot
The busier markets within 25 miles of Wolf Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Muskegon | 562 | $176K | $139 | 28% | 29 |
| Norton Shores | 350 | $290K | $192 | 26% | 21 |
| Muskegon Heights | 133 | $90K | $88 | 29% | 43 |
| North Muskegon | 78 | $303K | $188 | 21% | 45 |
| Roosevelt Park | 66 | $243K | $172 | 35% | 11 |
| Wolf Lake | 65 | $240K | $189 | 48% | 25 |
| Twin Lake | 36 | $342K | $224 | 25% | 26 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Wolf Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wolf Lake. People who follow the town see it, and so do people comparing Wolf Lake with their own town. No commission, no listing fee.
Questions about buying a home in Wolf Lake
What do homes sell for in Wolf Lake, MI?
65 homes sold in the year to May 2026 at a typical $240K, $189 a square foot.
Is Wolf Lake a buyer’s or seller’s market?
A seller’s market: 7 homes were for sale in May 2026 and 4 sold, about 1.8 months of supply. Buyers paid 98.6% of asking on average, and 46% of listings cut their price.
When is the best time to buy in Wolf Lake?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Wolf Lake?
About 1.1% of a home’s value a year. On a $240K home that’s near $2,650.
Where can I see homes for sale in Wolf Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Wolf Lake’s MLS listings; the search links above open each one filtered to Wolf Lake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).