Homes for Sale in 49893, Michigan
New Listings in 49893, Michigan
Explore 1 active real estate listings in 49893, Michigan, including single-family homes, condos, waterfront, lots, vacant land, multi-family, and commercial properties for sale Prices range from $259,900 to $259,900.
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49893, Michigan Real Estate Market
Market data calculated 5/11/2026
1
Total Listings
Menominee County: 82
$259,900
Average Price
Menominee County: $258,362
$259,900
Median Price
Menominee County: $189,900
$208
Price / Sq Ft
Menominee County: $130
9 days
Days on Market
Menominee County: 140 days
Current Market Condition
Seller's Market (High Demand)
Based on an average of 9 days on market.
See how your property compares to these regional averages.
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About 49893, Michigan
Wallace is a small village in Menominee County near the Menominee River, offering affordable rural homes and properties in Michigan's Upper Peninsula. The community has a quiet country character with access to river fishing, hunting, and the many recreational opportunities of the surrounding region.
Frequently Asked Questions
How many homes are for sale in 49893, Michigan?
There are currently 1 properties listed for sale in 49893, Michigan.
What is the median home price in 49893, Michigan?
The median listing price in 49893, Michigan is $259,900.
What is the average home price in 49893, Michigan?
The average listing price in 49893, Michigan is $259,900.
How long do homes stay on the market in 49893, Michigan?
Properties in 49893, Michigan stay on the market for an average of 9 days before selling.
What types of properties are available in 49893, Michigan?
Properties currently listed in 49893, Michigan include: Single-Family Homes.
What is the average price per square foot for homes in 49893, Michigan?
The average price per square foot for homes listed in 49893, Michigan is $208.
What is the price range for homes for sale in 49893, Michigan?
Homes for sale in 49893, Michigan are currently priced from $259,900 to $259,900.
How do home prices in 49893, Michigan compare to Menominee County?
The average listing price in 49893, Michigan is $259,900, compared to $258,362 for all of Menominee County — above the county average.
Is 49893, Michigan a buyer's or seller's market?
Based on current days on market (9 days on average), 49893, Michigan is considered a Seller's Market (High Demand). Homes are selling quickly, indicating higher demand relative to supply.