Median home value in zip code 48662 (Wheeler, MI) is $180,891, up 1.4% year over year. Part of the Alma, MI metropolitan area.

Home Value$180,891

YoY Change

+1.4%

Prices rising — worse for buyers.

Affordability

Enter your income for 48662 (Wheeler).

Income (annual)

Down Payment

$36,178 on $180,891

Example: $75,000 household income. Change it above to see your own.

Affordable20.5% of income

Under the 28% guideline.

PITI$1,280

P/I20.5%

Afford$247K

Room+$66K

P&I $915Tax $232Ins $133

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

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

Metro Analysis

48662 is part of the Alma, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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