The median home in Wheeler, Michigan is valued at $182,504, up 2.2% year over year. Wheeler is part of the Alma, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Alma, MI stress score, crash risk, and 12-month forecast →

Home Value$182,504

+2.2%

AFFORDABILITY

Enter your income for Wheeler.

Income (annual)

Down Payment

$36,501 on $182,504

Affordable — 20.6% of income

Under the 28% guideline.

PITI$1,290

P/I20.6%

Afford$248K

Room+$65K

P&I $923Tax $234Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Wheeler with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Alma, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Alma, MI metro.

View Alma, MI metro →

WHEELER, MI