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Advertise here →Wolf Lake, MI · Market Data
Wolf Lake, Michigan real estate market data.
Real estate market data for Wolf Lake, MI (Muskegon County) — Census median home value $99,800, county listing prices down about 2.4% over the past year.
Wolf Lake, MI is in Muskegon County, Michigan — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,802, with a median household income of $49,005. Census data puts Wolf Lake's median home value at $99,800 (all owner-occupied homes); Muskegon County's current median listing price runs $307,450, down about 2.4% over the past year.
At a glance
Wolf Lake market snapshot
Population
4,802
Median Household Income
$49,005
Median Home Value (city)
$99,800
Median Listing Price (Muskegon County)
$307,450
Median Gross Rent
$992/mo
Price Trend (YoY)
-2.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Wolf Lake different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Wolf Lake's median home value — across all owner-occupied homes, not just recent sales — at $99,800. Separately, Muskegon County's current median listing price (via Realtor.com data, 2026-06-01) runs $307,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Muskegon County's FHFA house price index shows a 6.69% annual change in 2025.
Population & Income
Wolf Lake has an estimated population of 4,802 and a median household income of $49,005, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Wolf Lake's Census-reported median home value works out to about 2.0x the area's median household income, and median gross rent runs roughly 24% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Wolf Lake FAQ
What are home values like in Wolf Lake, MI?
The Census Bureau's American Community Survey puts Wolf Lake's median home value at $99,800. Muskegon County's current median listing price runs $307,450, down about 2.4% over the past year.
What is the population of Wolf Lake, MI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Wolf Lake's population at approximately 4,802.
What's the median rent in Wolf Lake, MI?
The Census ACS estimates median gross rent in Wolf Lake at approximately $992 per month.
What is the median household income in Wolf Lake, MI?
Census ACS data puts the median household income in Wolf Lake at approximately $49,005.
Is the Wolf Lake housing market growing?
Muskegon County's FHFA house price index shows a 6.69% annual change in 2025.
Is Wolf Lake, MI affordable relative to income?
Census ACS data puts Wolf Lake's median home value at about 2.0 times the median household income, with median gross rent equal to roughly 24% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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