59 homes sold in Wolverine Lake in the last year, at a typical $379K
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 Wolverine Lake homes are listed.
Every place Wolverine 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 Wolverine 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 95% of Wolverine Lake’s sales, at a typical $386K
59 homes sold in the year to May 2026.
typical sale · 56 sold in 12 months
- Per square foot
- $229MI $172
- Days to sell
- 34
- Sold over asking
- 52%
- Listings with a price cut
- 38%
Condos: 3 sold, typical $267K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 2.2 times the 2016 price
59 sales in the last year, against 87 in 2013 and a low of 45 in 2025. The typical sale went from $172K in 2016 to $379K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Wolverine Lake
Check a listing against what Wolverine 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 Wolverine Lake are more common than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Wolverine 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, 59 sales.
If you’re buying in Wolverine Lake
- Shop in August. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- Some room to negotiate. 39% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 100.5% of the list price on average; 54% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 10 a month), but June is the most competitive: 52% of June sales close over asking. August offers nearly as much choice with fewer homes bid up (34%). January has the least competition (19%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Michigan
| Wolverine Lake now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 54% | 33% | 43% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 48% | 47% | 60% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 39% | 37% | 30% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 100.5% | 98.2% | 100% | 98.4% |
| Days to sellMedian days from listing to contract | 33 | 29 | 25 | 33 |
8 homes for sale on a typical day
That’s 1.6 times the 2023 low (5), 24% fewer than in 2017–19 and well under 2012’s 30.
1 in 3 listings has cut its price
39% in the last year, against 37% in 2017–19 and 28% across Michigan.
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 Wolverine Lake home costs about $2,400 a month
Price: Wolverine Lake’s typical sale, last 12 months. Property tax at Wolverine Lake’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wolverine Lake is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $379K home, about $5,080 a year.
Taxes vs. neighborsSchools
The schools grade for Wolverine Lake, from test results, graduation and how much students grow.
Schools in Wolverine LakeTypical commute
The average one-way trip to work for people who live in Wolverine 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.
Walled Lake, Wixom and Farmington Hills sell for less a square foot; Orchard Lake Village for far more
The busier markets within 25 miles of Wolverine 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 | |
|---|---|---|---|---|---|
| Farmington Hills | 861 | $374K | $181 | 40% | 23 |
| Novi | 659 | $462K | $220 | 34% | 23 |
| Wixom | 140 | $381K | $211 | 32% | 31 |
| Milford | 135 | $401K | $229 | 37% | 25 |
| Walled Lake | 106 | $248K | $189 | 27% | 28 |
| Wolverine Lake | 59 | $379K | $220 | 54% | 33 |
| Orchard Lake Village | 21 | $1.8M | $334 | 24% | 172 |
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 Wolverine Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wolverine Lake. People who follow the town see it, and so do people comparing Wolverine Lake with their own town. No commission, no listing fee.
Questions about buying a home in Wolverine Lake
What do homes sell for in Wolverine Lake, MI?
59 homes sold in the year to May 2026 at a typical $379K, $220 a square foot.
Is Wolverine Lake a buyer’s or seller’s market?
A seller’s market: 9 homes were for sale in May 2026 and 4 sold, about 2.3 months of supply. Buyers paid 100.5% of asking on average, and 39% of listings cut their price.
When is the best time to buy in Wolverine Lake?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Wolverine Lake?
About 1.3% of a home’s value a year. On a $379K home that’s near $5,080.
Where can I see homes for sale in Wolverine Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Wolverine Lake’s MLS listings; the search links above open each one filtered to Wolverine 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).