Wolverine Lake, MI · Houses & Market Data

Wolverine Lake, Michigan houses and real estate market data.

Houses in Wolverine Lake, MI (Oakland County) — Census median home value $270,400, county listing prices down about 4.3% over the past year. Market data for Wolverine Lake houses and the broader area.

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Wolverine Lake, MI is in Oakland County, Michigan — this guide covers houses in Wolverine Lake and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,476, with a median household income of $88,423. Census data puts Wolverine Lake houses at a median value of $270,400 (all owner-occupied homes); Oakland County's current median listing price runs $429,900, down about 4.3% over the past year.

Info from government sites and builders may have provided source info.

Market overview

Wolverine Lake housing market

Wolverine Lake is in Oakland County, Michigan. Manifest Census and county price-trend data provide baseline context for houses in Wolverine Lake and the surrounding county market.

Median home value (Census ACS)

$270,400

Population (Census ACS)

4,476

Median household income

$88,423

County price trend (2025)

4.15% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Wolverine Lake market snapshot

Population

4,476

County

Oakland County

Median Household Income

$88,423

Median Home Value (city)

$270,400

Median Listing Price (Oakland County)

$429,900

Median Gross Rent

$1,678/mo

Price Trend (YoY)

-4.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Wolverine Lake

What makes Wolverine Lake different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Wolverine Lake's median home value — across all owner-occupied homes, not just recent sales — at $270,400. Separately, Oakland County's current median listing price (via Realtor.com data, 2026-06-01) runs $429,900. 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

Oakland County's FHFA house price index shows a 4.15% annual change in 2025.

Population & Income

Wolverine Lake has an estimated population of 4,476 and a median household income of $88,423, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Wolverine Lake's Census-reported median home value works out to about 3.1x the area's median household income, and median gross rent runs roughly 23% 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.

Nearby

Places around Wolverine Lake

County guide: Oakland County — cities, market context, and local resources for the county that includes Wolverine Lake.

USAHouses.com also helps visitors looking in nearby Oakland County and other Michigan communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Walled Lake, Wixom, Novi, Milford, Orchard Lake Village, Farmington Hills, Northville, Keego Harbor, Farmington, Sylvan Lake, Franklin, South Lyon, Bingham Farms, Pontiac, Bloomfield Hills, Lake Angelus.

More Michigan cities with market guides: Grand Rapids, Warren, Sterling Heights, Ann Arbor, Lansing, Dearborn, Livonia, Westland.

Adjacent-county Census places with USAHouses.com pages: Livonia (~12.3 mi), Plymouth (~12.6 mi), Hartland (~15.2 mi), Brighton (~15.3 mi), Whitmore Lake (~16.4 mi), Westland (~17.1 mi), Garden City (~17.5 mi), Dearborn Heights (~18.1 mi), Wayne (~19.7 mi), Inkster (~19.8 mi), Barton Hills (~21.3 mi), Dearborn (~21.7 mi), Highland Park (~22.3 mi), Ypsilanti (~22.4 mi), Detroit (~22.8 mi), Ann Arbor (~22.9 mi).

New construction: New homes near Wolverine Lake (Detroit) · Michigan new construction.

Census & home facts

Wolverine Lake data from published sources

Population (ACS 2023)

4,476

Median home value (ACS 2023)

$270,400

Median household income (ACS 2023)

$88,423

Median gross rent (ACS 2023)

$1,678

County FHFA annual change (2025)

4.15%

County median listing price (FRED/Realtor.com) (2026-06-01)

$429,900

Census place type

village

County

Oakland County

Land area (Census Gazetteer 2024)

1.26 sq mi

Census GEOID

2688260

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

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Common questions

Wolverine Lake FAQ

What are houses worth in Wolverine Lake, MI?

The Census Bureau's American Community Survey puts the median value of houses in Wolverine Lake at $270,400. Oakland County's current median listing price runs $429,900, down about 4.3% over the past year.

How much do houses cost in Wolverine Lake, MI?

For owner-occupied houses in Wolverine Lake, Census ACS data shows a median value of $270,400. Active listing prices in Oakland County may differ — see the market snapshot above.

What types of houses are in Wolverine Lake, MI?

Wolverine Lake houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Oakland County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Wolverine Lake, MI?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Wolverine Lake's population at approximately 4,476.

What's the median rent in Wolverine Lake, MI?

The Census ACS estimates median gross rent in Wolverine Lake at approximately $1,678 per month.

What is the median household income in Wolverine Lake, MI?

Census ACS data puts the median household income in Wolverine Lake at approximately $88,423.

Is the Wolverine Lake housing market growing?

Oakland County's FHFA house price index shows a 4.15% annual change in 2025.

Is Wolverine Lake, MI affordable relative to income?

Census ACS data puts Wolverine Lake's median home value at about 3.1 times the median household income, with median gross rent equal to roughly 23% 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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