Why Live in Wolverine Lake
Wolverine Lake, Michigan, is a unique lakeside community formed by combining six small lakes and marshes, thanks to the efforts of Howard Stuart, a local dentist. Established in 1954, this village offers residents a vacation-like lifestyle with numerous access points to the lake. Popular activities include swimming, fishing for largemouth bass, pontooning, and water-skiing. Residents-only beaches such as Nantucket/Pennylake Beach and Spring Lake Heights Annex Beach provide sand for sunbathing. The Wolverine Lake Party Store, accessible by dock, offers spirits and sandwiches, while Lakes Area Bait Shop caters to fishing enthusiasts. The village features around 1,700 single-family homes, predominantly ranch-style with brick, vinyl, or stone siding. Waterfront properties include larger, remodeled homes with private docks. Clara Miller Park and Hickory Glen Park offer recreational facilities, and Proud Lake Recreation Area is just 2 miles away. Community events include an annual Halloween home decorating contest and July 3rd fireworks. Dining options include Benstein Grille and Glengary Inn, with Penny Lake Marketplace nearby for groceries. Wolverine Lake is car-dependent but has easy access to expressways leading to Northville, Milford, and Novi. Detroit Metro Airport is 25 miles away. The area is served by highly rated schools: Mary Helen Guest Elementary, James R. Giesler Middle, and Walled Lake Central High School.
Home Trends in Wolverine Lake, MI
On average, homes in Wolverine Lake, MI sell after 23 days on the market compared to the national average of 51 days. The median sale price for homes in Wolverine Lake, MI over the last 12 months is $305,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$305,000
Median Single Family Sale Price
$376,500
Median 2 Bedroom Sale Price
$290,000
Average Price Per Sq Ft
$277
Number of Homes for Sale
7
Last 12 months Home Sales
15
Median List Price
$379,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-2%